Attachment B - Basis for Approval Cupertino: Vallco developer invokes SB 35, says it will build 2,400 homes Originally built in 1976 as a traditional mall anchored by JC Penney, Sears, and Macys, the Vallco Mall has long underperformed despite occupying a prime site at the heart of the community. You may also sign up for email alerts from GeoTracker by clicking -GeoTracker Email Alerts, The 90-day deadline to provide written documentation on which objective planning standards, if any, the proposed project conflicts with, was Monday, June 25, 2018. Attachment to HCD Letter - September 7 City Council Staff Report and Attachment, Vallco Response Letter toCity's Project Extension Application Request: The project's new name reflects its dramatic architecture that will rise naturally from the valley floor of the South Bay and become a real reference point in the landscape. If all goes well, the project will be rising above ground sometime next year, he said. All Access Digital offer for just 99 cents! SelectQ2 Documents from GeoTracker* (more documents in Soil Investigation Reports and Review tab): *NOTE:The applicant is submitting documents directly to the Santa Clara County Department of Environmental Health for review. Developer tries to fast-track housing at Vallco Mall under new state Half of the proposed residential units would be reserved for qualifying low-income residents making $84,900 or less for a family of four. On September 21, 2021, the City sent the following letter to Vallco regarding their response to a request for an extension pursuant to existing law at the time and other assertions. On June 3, 2022, the City approved the Rise (formerly Vallco Town Center) SB 35 modification receivedfrom the Vallco Property Owner LLC (VPO) in March/April 2022. One of the first sustainability consulting firms in the United States, Brightworks Sustainability has enjoyed a position of leadership and innovation in sustainability since its founding in 2001. In addition to the new public park, Sand Hill Property Company is also providing the citizens of Cupertino with $50 million in contributions to Cupertino schools. For us this is an exciting day, said deputy director Pilar Lorenzana, and were hopeful that the community of Cupertino will agree to welcome 1,201 additional families to their community.. At a standing-room-only special meeting of the Cupertino City Council on Monday, which lasted until Tuesday morning, council members in a straw vote recommended allowing 2 million square feet of office space, 582 residential units and 750,000 square feet of retail at the Vallco site, which is roughly what Sand Hill requested for its proposed redevelopment project. Retail stores will line Stevens Creek Boulevard, and two shopping streets ideal for walking and biking will cut through the middle of the project, leading to a town center. Sand Hill has hired Lockehouse Retail Group and Newmark to market The Rises retail, dining and entertainment component for lease and Cushman & Wakefield to handle office/lab leasing. The new symbol of the California dream. We want to be fair to the applicant, but we also want to be sure that the environment is safe for everyone, Paul said. Zip Code. The developer of Cupertinos Vallco Town Center, one of Silicon Valleys largest mixed-use projects, rebranded it as The Rise and hired commercial listing brokers, calling it a new era for a $4 billion development thats been hampered by delays since it was approved more than three years ago. Sand Hill Property Company retained Brightworks to manage the LEED Platinum program and implement best practices from Sustainable SITES for this 58-acre, 16-building redevelopment of the failing Vallco Mall. By The Registry Staff The 1,722 sq. March 25, 2022 / 6:00 PM The layout of the mall is a bit dated. It will also have a new open-air netted playfield over Wolfe Road that will serve as a bridge between all buildings of the 50-acre site. Macys, J.C. Penney and Sears will operate under a one-year lease-back agreement. However, the other sheets were not amended since first received by the City on March 24, 2022. Crowned by an astonishing 29-acre green roof - the largest in the world - and over six miles of trails and bike paths, The Rise seamlessly bonds residents and visitors with nature while forming an. N8183 Sand Hill Dr , Malone, WI 53049 is a single-family home listed for-sale at $425,000. Mixed into the project will be 2,402 residential units a huge jump from the 389 units in the citys plan and a major boost to the housing stock in a city where booming job growth and sluggish housing creation has driven the cost of renting or buying a home through the roof. They want to see elements that they dont have in the area right now., (Sand Hill Property Co., Rafael Vinoly Architects). Marisa Kendall is a housing reporter for the Bay Area News Group who covers homelessness for The Mercury News and East Bay Times. CUPERTINO Developers of a proposed village of homes, shops, restaurants, entertainment hubs and offices in Cupertino where the Vallco Mall once stood are now seeking residents and tenants after years of litigation and opposition. Approval Letter: 2023 CBS Broadcasting Inc. All Rights Reserved. The Risewill evoke the sense of positivity and vitality that Cupertino's new downtown neighborhood will inspire in those who live, work, or visit here as a place where spirits and prospects will rise. It needed a lot of TLC and financial strength to give it a new life., A number of things were proposed over the years but no one has had the secret sauce to get it all to move forward, Nelson said, adding that the property would be perfect for a mixed-use project. Sand Hill Property Company launches office andretail leasing efforts, opens housing interest list, andshares new details for new social heart of Silicon Valley. The information provided here is for convenience and is asmallnumber of the documents posted on the GeoTracker website. Sand Hill Property Company is a real estate investment and development firm headquartered in Silicon Valley with more than four decades of experience creating Bay Area communities that improve the way we work, live and connect. On June 3, 2022, the City approved the modifications. Visa to Sublease 190,000 SQFT in San Francisco as It Plans STACK Infrastructures More than 500,000 SQFT Data Center Development Gains Approval Penny Lane by Trumark Homes Opens for Sale in Concord. Additional amended plans for Modification Received: The new symbol of the California dream. Sand Hill Property aims to turn a former mall site it owns into about 2,400 homes, half of which would be affordable, almost 2 million square feet of offices or labs and a new shopping and entertainment district in Cupertino, a city of about 60,000 people where Apple is based and single-family homes sell for $3 million. Single-family house sells for $1.7 million in Fremont, Single family residence sells for $3.3 million in Palo Alto, California consumers struggling? On September 7, 2021, the City sent the following letter to HCD regarding their Technical Assistance: The Sand Hill Property Company, which oversees the mixed-use Cupertino site, announced the new name on Thursday when it launched the propertys new website, TheRiseCalifornia.com. First published on March 25, 2022 / 6:00 PM. Vallco's Response to EMP and Environmental Concerns Letter, Staff report and Attachments Last Name By clicking "Accept All", you consent to our use of cookies. Absolutely," said Cupertino Mayor Darcy Paul. On March 24, 2022, the City received documents and plans from the Vallco Property Owner LLC (VPO) for modifications to the project approved in September 2018. Developers plan to do it all without giving Cupertinos city leaders a chance to say no. Cupertino residents were told they would have a voice in the planning process, and now thats been taken away, she said. Developer files claim against city over Vallco "downzoning" section) with the Santa Clara County Department of Environmental Health in June 2021 and select documents from the State Water Boards website. SCCDEH Oversight: Sand Hill re-started its work on Vallco in October,and city officials agreed to analyze Cupertinos general plan and come up with some alternatives for the site. The . Whether affordable or market-rate, whether theyre for workforce or for families, whether for-rent, for-sale, well have a little bit of everything.. Sand Hill Property Co. / Sand Hill Property Co. Show More Show Less 5 of 16 A woman walks through the Vallco shopping mall in Cupertino, Calif. on Wednesday, Feb. 14, 2018. Sand Hill Property Company launches office and retail leasing efforts, opens housing interest list, and shares new details for new social heart of Silicon Valley Cupertino, Calif. (March 24, 2022) Sand Hill Property Company announced today the introduction of The Rise, its much-anticipated, approved mixed-use development in Cupertino previously known as Vallco Town Center. The Rise embraces the natural environment, Cupertino's cultural and socioeconomic diversity and the city's residents' strong desire for a local gathering place to come together as one community. The world's largest 'green roof' will be included in giant Cupertino The Palo Alto developer expects to start excavation of a 33-acre chunk of the 50-acre site in the next few months and hopes to start pouring foundations by the end of this year, Managing Director Reed Moulds said in an interview. Still, plenty of work will be required before the project can reach a visible construction phase, Cupertino Mayor Darcy Paul noted. Competition and the economy hindered the malls performance, industry experts said. These are documented in the following letter to the applicant: Sand Hill Property Company bought Vallco in 2014. All Access Digital offer for just 99 cents! That plan called for 2.4 million square feet of office space, 640,000 square feet of retail and just 800 housing units 10 percent of which would have been affordable. On September 14, 2021, the City received a letter from the Developer in response to the City's August 28letter Located adjacent to Apples new headquarters, The Hills at Vallco in the Silicon Valley community of Cupertino will revitalize the failing Vallco Shopping Mall into a vibrant, sustainable, walkable and safe new neighborhood with a mix of retail, dining, entertainment, recreation, offices, housing, open space, and public amenities. The opportunity for a profound transformation of the Vallco Mall came in 2014, when Sand Hill Property Company acquired the entire mall (including the anchor department store buildings), bringing Vallco under single ownership for the first time in its nearly 40-year history. The offices will cater to both tech companies and life science firms, which have become a major driver of demand for office space in the Bay Area lately. Despite its seemingly strong location on 50 acres at North Wolfe Road and Stevens Creek Boulevard, Vallco has floundered. The following is a list of the documents provided to the City and reviewed by the City (unless noted otherwise) in chronological order: Excavation Management Plan (EMP): As a part of the City's requirements to clean up the soil adequately and appropriately, and prior to issuance of any excavation permits, VPO prepared an EMP. While the applicant sent the City an entire plan set, only six sheets were amended. The link to the Vallco site on the GeoTracker is:http://geotracker.waterboards.ca.gov/?gid=T10000017167. Copyright 2023 Sand Hill Property CompanyAll Rights Reserved. Amid the demolition of Vallco, the city and Sand Hill Property Co. continue battling over plans for a mixed-use development with housing on the old mall site. Tentative Map (subdivision) materials are availablehere. Sand Hill sues Cupertino in latest skirmish over Vallco plan On April 13, 2021, the City's legal representative, Aleshire and Wynder, sent the following letter to Vallco regarding comments on an Excavation Management Plan (EMP) submitted and other Environmental Concerns. City's Letter: For high school students, this contribution includes a new 10,000-square-foot flexible, mixed-use Innovation Center within The Hills at Vallco. It will recapture rainwater to reduce water consumption. Vallco Town Center is a new, ground-up 5,000,000 square foot mixed-use retail, office and residential urban village covered by a 20-acre green rooftop park marking it as one of the most architecturally distinctive destinations in the country. Silicon Valley megaproject gets new name, hires commercial listing brokers Water, electricity, sewage, transit infrastructure must all be addressed.. Popular elements from prior input cycles have been incorporated into the plan, and today residents are getting a first look at the design details that reflect more than three years of refinement since the projects approval, as well as feedback from a series of surveys conducted over the past six months.
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