Facebook is planning to move from the virtual to the physical world with its latest venture: a 394-unit infill housing development known as Anton Menlo. The company is collaborating (in an advisory role) with California developer St. Anton Partners and architecture firm KTGY on the project, located on 10 acres of former industrial land near Marsh Road in Menlo Park. The development is within walking distance of Facebook’s headquarters and new West Campus.

The $120 million development will include 35 studio apartments, 208 one-bedrooms, 139 two-bedroom apartments, and 12 three-bedroom apartments.  Fifty-three of the units are reserved for low-income applicants, and Facebook’s funding will cover the gap between market and reduced rent for 15 of these apartments, per an agreement between the company and the City of Menlo Park. All of the apartments will be open to the general public.

Proposed transit-oriented developments include the extension of a local bike path to the new housing, plus improved pedestrian sidewalks and crosswalks. Residents will also have access to an on-site bicycle repair shop and bike storage. Anton Menlo has passed zoning approval and is currently under design review by the City of Menlo Park. Construction, which will last approximately 24 months, will begin this fall.