The Palo Alto Chamber of Commerce will soon be moving into one of downtown's newest and most conspicuous developments -- the four-story "Lytton Gateway" building at the corner of Lytton Avenue and Alma Street.
The Chamber, which currently rents space on Mitchell Lane, will be the nonprofit tenant in the four-story building, a development that will be anchored by the online-survey company Survey Monkey. The organization announced in a statement that it has signed a 10-year lease on the ground floor of the building and that it plans to move into its new location in mid-summer.
In its announcement, the Chamber lauded the building's prominent location next to the University Avenue transit center and its architecture, which includes a 70-foot tall corner tower. CEO David MacKenzie said the organization is "ecstatic about this new location."
"The 101 Lytton project is a spectacular and unique business and economic opportunity for Palo Alto," MacKenzie said in a statement. "I believe this will re-invigorate the immediate neighborhood and surrounding community and provide more visibility for the Chamber, our enriching programs and our vibrant membership."
The building at 101 Lytton Ave. is the last downtown development to win the city's approval under the "planned community" zone process, which allows developers to exceed zoning regulations in exchange for negotiated public benefits. One of the benefits that the council asked to include in the project included space for a nonprofit group, with rent subsidized by the developer. The agreement also required the developer, Lytton Gateway LLC, to contribute $2 million to parking improvements downtown.