Sand Hill also requested a height increase to 160 feet east of Wolfe Road and up to 85 feet west of Wolfe Road. How will courts rebuke of Berkeleys natural-gas ban affect the national movement it began? They want to see elements that they dont have in the area right now., (Sand Hill Property Co., Rafael Vinoly Architects). The development team and funding is in place to move forward now, he wrote. The entire plan set is available upon request. Half of the proposed residential units would be reserved for qualifying low-income residents making $84,900 or less for a family of four. Offices wont appear until later phases of the project. Vallco Letter re: Environmental Review Protocol, City's Response to Vallco Letter re: Environmental Review Protocol 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Google and San Jose Officials Soothe Concerns about Downtown West, Where to see the super bloom in the South Bay, San Jose transit project secures final $46 million in funding, Cupertino Launches Community Budget Survey as State Scrutinizes Long-standing Apple Tax Deal, San Jose City Council approves agreement with contractor for SJC Airport Connector, Indicted Santa Clara Councilmember Anthony Becker delays plea, San Jose City Council weighs crucial decision on airport transit connection to Diridon Station. City Manager David Brandt said the city will review the Vallco application, but in the meantime the planning process already started by the city will continue. If all goes well, the project will be rising above ground sometime next year, he said. 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. Google moves into two big San Jose buildings within huge tech campus The council is expected to vote on the recommendation Nov. 18. MLS # 50272537 On November 2, 2022, Vallco Property Owner LLC (VPO), applied for regulatory oversight for the western portion of the project site with the Santa Clara County Department of Environmental Health (SCCDEH) based on concerns outlined by the City in prior communication. We have been concerned about the soil contamination cleanup. There will be housing options for all budgets, all incomes and all household compositions, Moulds said. Technical Corrections Letter: With lawsuit behind it, Vallco Town Center redeveloper eyes project's - Today Vallco Property Owner, LLC ("VPO"), an affiliate of Sand Hill Property Company, the owner of Vallco Mall in Cupertino announced its new vision for Vallco Mall, the Vallco Town Center. Water, electricity, sewage, transit infrastructure must all be addressed.. The firm has big plans for the 50 acre (20 . Whether affordable or market-rate, whether theyre for workforce or for families, whether for-rent, for-sale, well have a little bit of everything.. Everyone has a different idea about what that means, he said, adding that some residents would like top-tier retail but developers have said that housing and office space make the project more economically viable. March 25, 2022 / 6:00 PM The City made a decision on the Rise Modification application: Sam Hill & Sons, Inc., is a General Engineering Contractor that was established in 1977. Sand Hill is backed by equity partner the Abu Dhabi Investment Authority, the sovereign wealth fund for the government of the Emirate of Abu Dhabi, in Vallco and the Main Street Cupertino projects, according to a source with knowledge of the transactions. However, the other sheets were not amended since first received by the City on March 24, 2022. The project encompasses 50.82 acres of the former Vallco Mall property. Details are below in the "The Rise - Modification Application" tab. 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. On October 16, 2018, Friends of Better Cupertino filed a lawsuit in Santa Clara County Superior Court challenging the City's approval of the Vallco Town Center SB 35 Project. There's going to be affordable housing, there's going to be. There will be housing for the workforce, housing for families. Sand Hill has been fighting an uphill battle trying to redevelop this 51-acre site in Silicon Valley into much needed affordable housing . Impervious Surface Data Form, Vallco Town Center - Title Reports with Live Links, FAQs/Permit Activity Vallco Town Center. On May 27, 2022, the City received additional amended plans from the Vallco Property Owner LLC (VPO) for modifications to the Vallco Town Center pursuant to SB35 project approved in September 2018. Vallco Shopping Mall - Wikipedia 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. Cupertino: Vallco developer invokes SB 35, says it will build 2,400 homes 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. Originally built with three levels, it was anchored by Macy's, Sears, and J.C. Penney. The project will be built in phases over several years, according to Sand Hill. The escalators have stopped moving, the vast parking lots and garages are abandoned, and few people walk the vacant hallways to get to the handful ofamenities still open an ice rink, a bowling alley and a Chinese restaurant. The information provided here is for convenience and is asmallnumber of the documents posted on the GeoTracker website. This section provides information on the review that has occurred which led to the Soil Remediation Agreement (posted in the "What's new?" Policies & Disclaimer. When complete, The Rise will include more than 2,400 homes, half of which will be affordable at varying below market rates, representing more than half of Cupertinos housing planning obligation to the state for the next eight years. 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. The project comprises of 11 buildings, each between 7- 26 stories in height with a green roof connecting the buildings. Major industrial real estate players are seeing high occupancy rates and increased revenues at the start of 2023, but a flood 2007 - 2023 Mighty Dot Media, Inc. All rights reserved. I fully expect there will be a slew of work to be done at the jurisdictional level, Paul said. In 2023, Sand Hill aims to push ahead with the vertical elements of the huge new neighborhood. But the Vallco plan isnt likely to get a warm reception from Cupertino residents who have sought to slow the citys growth, concerned about increasing traffic, overcrowding city schools and losing local retail shops. Reissued Attachment C - Modification Conditions of Approval. The following information was received by the City on July 31, 2018 from the applicant, as afirst partialsubmittal, in response to the Citys 90-day letter requesting further clarification/ supplemental material in support of their SB 35 application. For K-8 students, this includes a new 700-student elementary school, replacement of modular classrooms with permanent classrooms, expanded school recreation fields, and a $1 million endowment for a Yosemite Science Program. The rebrand and start of commercial leasing efforts mark a new chapter for a project that was one of the first approved under Californias controversial Senate Bill 35. Developer files claim against city over Vallco "downzoning" Most Cupertino residents agree the mall needs to be changed, though what should replace it is debated, said Gary Chao, the citys assistant director of community development. 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. GeoTracker is the RWQCB's data management system forsitesthat require cleanup, such as Leaking Underground Storage Tank (LUST) Sites, Department of Defense Sites, and Cleanup Program Sites, and for various unregulated projects as well as permitted facilities including: Irrigated Lands, Oil and Gas production, operating Permitted USTs, and Land Disposal Sites. Correspondence from and response to City: Data Gap Soil Vapor Investigation Report: Miscellaneous Public Comment and Responses from Staff: Updated Landscape Lighting and Signage Plans: Updated Landscape, Lighting and Signage Plans. Lockehouse Real Estate Group and Newmark are handling the retail and Cushman & Wakefield is seeking office tenants. 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. Please visit the GeoTracker link provided above to sign up for updates from GeoTracker for all documents and to get real time updates on the latest activity. These programming details were especially informed and inspired by the evolutionary changes over the past two years, and our continuing community outreach has helped ensure we remain connected and optimistic in our vision for our post-pandemic world.". The rolling shape of the green roof mimics the forms of the foothills surrounding Silicon Valley and provides privacy for residents of an adjacent neighborhood from the public uses planned for the new development. The applicant submitted an entire set of Tentative Map drawings and 20 amended Planning drawings, which were impacted by the changes to the engineering drawings. Approval Letter: Texas Pension Fund Plans to Allocate $1.5B to Bridge Industrial to Podcast: Juan Bueno, Principal & U.S. President of Avison Young, Alameda County Eviction Moratorium Ends, But Not Lifted in All Cities, Charlie Munger Sees American Banks Exposed to Real Estate Loans. The most recent major obstacle is the removal of toxic contamination from chemicals that have laced the soil due to the operation of a Sears automotive shop and dry cleaning establishments on the site. section) with the Santa Clara County Department of Environmental Health in June 2021 and select documents from the State Water Boards website. Please enter valid email address to continue. N8183 Sand Hill Dr , Malone, WI 53049 is a single-family home listed for-sale at $425,000. The following plans and documents were sent to the City on March 24, 2022: In conjunction with Building Permit review, the City has required Vallco Property Owner LLC to conduct soil testing and provide associated reports. (Sand Hill Property Company) "We're going to have housing for all. 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. Vallco Shopping Mall (formerly called Cupertino Square and originally Vallco Fashion Park) is a dead mall located in Cupertino, California, United States. Copyright 2023 Sand Hill Property CompanyAll Rights Reserved. Further conflicts arose when a neighborhood group, Friends of Better Cupertino, filed a lawsuit that claimed the project didnt qualify for a streamlined approval process under rules laid out by a state law known as SB 35. This housing crisis needs to be resolved in a manner that actually provides near-term solutions, and sites like this have an opportunity to do a lot of good for the housing situation.. Berkeley to spend quarter-million for first 24-hour public bathroom, Thanks to Steph Currys 50-point day, Warriors beat the Kings in Game 7 to advance, Concord: Man killed in 4:30 a.m. solo crash on I-680, Mortgage fees to rise for buyers with high credit scores, fall for those with lower scores, Tucker Carlson: How early rejection by hippie San Francisco mom made him shameless, Do Not Sell/Share My Personal Information. GeoTracker is the RWQCB's data management system forsitesthat require cleanup, such as Leaking Underground Storage Tank (LUST) Sites, Department of Defense Sites, and Cleanup Program Sites, and for various unregulated projects as well as permitted facilities including: Irrigated Lands, Oil and Gas production, operating Permitted USTs, and Land Disposal Sites. The City has sent the following letter (and attachments) to the applicant on September 21, 2018. Approved plans for the project may be viewed here:Approved plans. By clicking "Accept All", you consent to our use of cookies. A Silicon Valley Company Fostering Community Through Design. Gas prices on the rise, officials rushing to approve BART extension to San Jose and the Bay Bridge Series will now have a trophy are some todays Hot List stories. Fifty percent of the housing units are proposed to be affordable, as required by SB 35. 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. 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. Residential units are a sticking point among residents due to concerns about the impact on local schools, Nelson and Chao said. These programming details were especially informed and inspired by the evolutionary changes over the past two years, and our continuing community outreach has helped ensure we remain connected and optimistic in our vision for our post-pandemic world.. Sand Hill Property Company specializes in the Silicon Valley real estate market and has a proven track record of selecting and executing successful value-add real estate projects. Our portfolio of stabilized investments and new development projects includes retail destinations, mixed-use communities, offices, life science buildings, hotels, and more. Vallco -Response Letter to City's Project Extension Application Request, City Response to Vallco's Letter: Built in the 1970s as a state-of-the-art shopping center, Vallco began to falter 10 years later when competitorValley Fair, now owned by Westfield, opened in nearby Santa Clara. Few tenants remain at . There's going to be affordable housing, there's going to be market rate housing, there's going to be for sale, for rent housing here. Sand Hills experience in the area will be helpful, he added. New Renderings for The Rise, a Multi-Billion - San Francisco YIMBY Tentative Map (subdivision) materials are availablehere. View more property details, sales history and Zestimate data on Zillow. The Rise will include also more than 2,400 homes, half of which will be below market rate, satisfying Cupertino's housing obligations to the state for the next eight years.