Located at 2500 El Camino Real, on a 1.8-acre site in the Stanford Research Park, the 70-unit property offers apartment homes to low- and moderate-income residents so that a diverse range of community members continue to be able to live in Palo Alto.
Less than 20 years ago, a handful of Stanford and UC Berkeley grads occupied a 500-square foot space over a deli and launched a business that grew from five employees to more than 19,000 today.
StartX is a nonprofit accelerator in Stanford Research Park whose mission is to accelerate the development of Stanford University’s top entrepreneurs. This mentorship-focused enterprise takes zero equity, and of the over 300 companies launched there, 87% are still going strong.
When PARC opened its doors in Stanford Research Park in 1970, it revolutionized the way companies innovate. By creating an environment that fostered collaboration and an easy flow of ideas among its scientists, the pace of invention was accelerated unlike any other lab in the country. PARC continues the tradition today at Stanford Research Park.
Detroit, Michigan is synonymous with the birthplace of the automotive industry, while Palo Alto, California is quickly becoming one of the innovation and technology centers shaping the automotive industry of the future.