Redwood Shores is a waterfront community in Redwood City, California along the western shore of San Francisco Bay on the San Francisco Peninsula in San Mateo County. Redwood Shores is the home of several major technology companies, including Oracle Corporation (which relocated its headquarters in 2020), Electronic Arts, Nintendo, Zuora, Qualys, Crystal Dynamics and Shutterfly. The Redwood Shores ZIP code 94065 appeared on the
Forbes list of America’s most expensive ZIP codes.
Redwood Shores is among the wealthiest communities in the United States. The median home price in the area is $2,588,928, and the median income is $1,200,874.[citation needed]
History
Redwood Shores was built up from reclaimed land in the marshes of San Francisco Bay in the 1960s, much like its neighbor, Foster City, but the development almost never came to be. The owner of the land, the Leslie Salt Company, filled in soft ground known as “bay mud” formerly used for salt-evaporation ponds, but a significant controversy developed over fears of its susceptibility to serious earthquake damage because the area is between and close to the San Andreas and Hayward faults. The ensuing battle between various government agencies and business interests eventually put Leslie Salt out of business. As a result, Bank of America became the owner of the development in 1972.
It was the home of the Marine World/Africa U.S.A., California park from the 1960s to 1986, when the park moved to Vallejo, California (eventually becoming Six Flags Discovery Kingdom). The former location of Marine World has evolved into homes, townhomes, condominiums, apartments, parks, preserved land, and Silicon Valley business parks with headquarters including the former headquarters of Oracle Corporation. In December 2020, Oracle announced that it had relocated its corporate headquarters from Redwood Shores to Austin, Texas.