On September 21, 2021, the City sent a letter to Vallco addressing this matter among other things including project extension. The following information was received by the City on September 7, 2018 from the applicant, as the fourth submittal, in response to the City's 90-day letter requesting further clarification/supplemental material in support of their SB 35 application. It includes: The Rise is one of Californias first projects approved under the states controversial SB 35 legislation, signed into law in 2017 to streamline the approvals process for projects that strictly adhere to all applicable objective standards (such as General Plan and zoning requirements) established by cities that are severely underproducing their fair-share of housing. Today is an important moment for those who have shared in Vallcos journey to be able at last to visualize the experience we have created together with The Rise, said Reed Moulds, managing director for Sand Hill Property Company. You may also sign up for email alerts from GeoTracker by clicking -GeoTracker Email Alerts. 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. Policies & Disclaimer. The Rise represents an innovative vision that boldly seeks to meet the needs of the region and community. City Response to HCD's Technical Assistance Letter: The information provided here is for convenience and is asmallnumber of the documents posted on the GeoTracker website. In March 2022, Sand Hill Property Company submitted plans to the City entitled "The Rise SB 35 Planning Modification Application." The project continues to be a mixed use development with 2,402 units of housing, approximately 1.97 million square feet of office space and about 425,000 square feet of retail uses. Technical Corrections Letter: The new symbol of the California dream. Last Name Designed by Rafael Violy Architects, the plans also include a 29-acre green roof, touted as the worlds largest, according to a Thursday news release. The Better Cupertino political action group, for example, has fought against turning Vallco into a major office and housing project. The firm has big plans for the 50 acre (20 . J.C. Penney and Sears sold both their buildings and the land underneath, while Sand Hill acquired the 40-year ground lease for the Macys property. 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. Santa Clara County health officials are supervising the cleanup. It includes: The Rise is one of California's first projects approved under the state's controversial SB 35 legislation, signed into law in 2017 to streamline the approvals process for projects that strictly adhere to all applicable objective standards (such as General Plan and zoning requirements) established by cities that are severely underproducing their fair-share of housing. 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. The approved plan is the result of more than seven years of work with the local community to identify wishes, needs and priorities for the new development. Soil Characterization Report (SCR) and Environmental Site Management Plan (ESMP): These two documents were reviewed by the City beginning April 2019. Sand Hill Property says rebrand marks new era for $4B project with 2,400 homes and 2M sf of offices or labs after years of delays, Sand Hill Property's Peter Pau with renderings of the 29-acre green roof and main plaza within The Rise project in Cupertino (Sand Hill Property Company, iStock). Cupertino residents were told they would have a voice in the planning process, and now thats been taken away, she said. The once-thriving iconic Vallco Shopping Mall, built in the 1970s, sits on prime property across the street from the 2.8-million-square-foot Apple headquarters and kitty-corner from Sand Hill's 17-acre Main Street Cupertino mixed-use development, both of which are slated to open by 2016. Upon securing the property, Sand Hill Property Company initiated a design competition among leading architects and designers, ultimately selecting Rafael Vinoly Architects of New York and the OLIN Partnership Landscape Architects of Philadelphia to reconceive the site as a dynamic, walkable, bikeable, connected neighborhood with a variety of entertainment, dining, and retail experiences and a strong emphasis on family. Tara Sreekrishnan, a former city legislative adviser and teacher who is running for Cupertino City Council, said shes happy to see more affordable housing proposed in her city but isnt thrilled to see it attached to 1.8 million square feet of new office space. Get browser notifications for breaking news, live events, and exclusive reporting. On May 25, 2022, the City received amended plans from the Vallco Property Owner LLC (VPO) for modifications to the Vallco Town Center pursuant to SB35 project approved in September 2018. 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. On April 15, 2021,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. 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. The Rise represents an innovative vision that boldly seeks to meet the needs of the region and community. Led by founders Peter Pau and Susanna Pau, Sand Hill Property Companys team of esteemed professionals has made us the most reputable and noteworthy real estate investment and development firm in Silicon Valley. Sand Hill's current Vallco project is allowed under a state law known as SB35, which requires cities to approve housing developments as long as they include enough affordable homes and meet. With the close proximity of retail outlets such as Westfield Valley Fair mall in Santa Clara, Stanford Shopping Center in Palo Alto and the Sunnyvale Town Center mall its been hard for that location to be a regional pull on its own, said Tom Nelson, a vice president of retail properties at real estate brokerage Colliers International in San Jose. / CBS San Francisco. 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. The developer spent nearly a year getting input from the community and in 2015 unveiled plans for the Hills at Vallco. The revitalization of Vallco had been one of the citys highest priorities for more than two decades, Cupertinos Mayor once reflected. On June 21, 2022, the City reissued the Standard Requirements that would apply to the Rise (formerly Vallco Town Center) SB 35 development with two minor technical corrections to Requirement no. A bowling alley and ice rink also are within in the mall. The first phase will feature 350,000 square feet of retail, restaurant and entertainment uses, along with 800 homes and numerous open spaces, Moulds said. The link to the East Vallco site on the GeoTracker is: Attachment B - Basis for Approval The City received additional plans from the applicant on May 27, 2022. Fill out the form below to subscribe for an email alert covering the week's top stories. Featuring expansive valley views afforded from its green roof open spaces and homes, office spaces and retail venues, The Rises interconnected design will make it the place where culture, nature and community connect. The Rise embraces the natural environment, Cupertinos cultural and socioeconomic diversity and the citys residents strong desire for a local gathering place to come together as one community. Todays announcement includes an update on the progress of the visionary 7 million square foot development, designed with years of community input to provide an iconic, forward-thinking town center at the heart of the city renowned for design and technology and as the home of Apple. Both measures lost in the November 2016 election. 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. San Jose hotel project site is seized through foreclosure The green roof park will feature native, drought-tolerant and climate-responsive landscaping that thrives on little to no water. Sand Hill is securing building permits and hopes to start excavation in the next few months. The projects 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. The whole community will be able to take advantage of 429,000 square feet of retail, dining, and entertainment spaces arranged in districts that will form Cupertinos new downtown. Half of the proposed residential units would be reserved for qualifying low-income residents making $84,900 or less for a family of four. Frequently Asked Questions (FAQs), Vallco SB 35 Frequently Asked Questions (FAQs), 10300 Torre Avenue The project will include 561 studios, 537 1-bedroom, 97 2-bedroom and six 3-bedroom affordable units. Sand Hill Property Company | Silicon Valley | SHP We value your privacy We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. The idea is to make this a destination for the community.. Thiscover letterreflects the submittal, which is available at City Hall. The Rise will deliver more than half of Cupertino's Regional Housing Needs Allocation (RHNA) obligation for the next eight-year housing element cycle and is central to its compliance strategy. Previously, about 75% of the affordable units were expected to be studios, and 25% would be 1-, 2-, or 3-bedroom units. The new symbol of the California dream. The following is a list of the documents provided to the City and reviewed by the City in chronological order: Polychlorinated biphenyls (PCB) Work Plan: Following preparation of the SCR and the ESMP, the City required VPO to prepare a work plan, to be reviewed and approved by the City, to determine the extent of some PCB contamination identified in the SCR and associated reports. The project will include 2,400 housing residences with 1,200 of them earmarked as affordable units. 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 entire plan set is available upon request. Vallco's Response to EMP and Environmental Concerns Letter, Staff report and Attachments 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. Huge Cupertino village seeks tenants, residents, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on Reddit (Opens in new window), First Republic Bank seized, sold to JPMorgan Chase, Huge Cupertino village seeks residents and office, retail tenants, San Jose hotel project site is seized through foreclosure, Big changes starting today in how mortgage fees are calculated, Future of state housing is at stake in UC ruling, governor says, Travel retailer opens store in San Joses Santana Row, Google moves into two big San Jose buildings within huge tech campus. Details are below in the "The Rise - Modification Application" tab. 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. Travel retailer opens store in San Joses Santana Row 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. Residential units are a sticking point among residents due to concerns about the impact on local schools, Nelson and Chao said. I am thankful to and proud of my team and our partners in the community who have worked diligently together to ensure that this project will surpass the communitys expectations, not just today but into the future. We have a regional deficit," Paul told KPIX 5. http://geotracker.waterboards.ca.gov/?gid=T10000017167. The Rises managers hope the name will evoke the sense of positivity and vitality that Cupertinos new downtown neighborhood will inspire in those who live, work, or visit the area as a place where spirits and prospects will rise. A new website launched today unveils The Rise (www.TheRiseCalifornia.com), paying homage to Californias spirit of possibility, history of innovation and breathtaking natural beauty. About us. Vallco -Response Letter to City's Project Extension Application Request, City Response to Vallco's Letter: Its just the second proposal under the new law, which seeks to fast track affordable housing focused projects, following an application submitted for a 260-unit project at 1900 Fourth St. in Berkeley earlier this month. 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. Atop the modern and sustainable buildings, the worlds largest green roof will provide over 30 acres of public park with a 3.8-mile network of walking and jogging trails, meadows, vineyards, orchards and organic gardens, childrens play areas, and a refuge for native species of plants and birds. City - Project Extension Application Request Letter, Housing and Community Development (HCD) Department's Technical Assistance Letter: 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 Silicon Valley has changed the way the world lives, and The Rise aspires to fundamentally change how Silicon Valley lives.. There will be a 29-acre green roof the largest in the world and over six miles of trails, bike paths and play fields. 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. With deep subject matter expertise, advanced technical resources, creative problem solving, and a commitment to excellence, we help our clients establish and implement operational sustainability programs that further their sustainability goals, reduce their environmental footprints, and increase their operational performance. 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.. Councilman Barry Chang says it appears the city cant reject the Vallco Town Center plan, but hes hopeful city officials, Sand Hill and local residents can continue working together and possibly come up with abetter project. It will be Cupertinos largest park when complete and entirely open to the public. These are available in the "The Rise - Modification Application" section below. 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. section) with the Santa Clara County Department of Environmental Health in June 2021 and select documents from the State Water Boards website. Tentative Map (subdivision) materials are availablehere. PCB Investigative Reports and Review: Prior to issuance of any excavation permits, the City required VPO to present the results of the investigation conducted per the PCB Work Plan and also required VPO to submit a soil vapor investigative report. 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. SCCDEH Oversight: The states then-governor signed it into law in 2017 to fast-track the approval process for qualifying projects in cities that have fallen far behind on housing production goals. There will be housing for the workforce, housing for families. Location: 10123 N Wolfe Rd, Cupertino, CA 95014 Property Owner: Vallco Property Owner, LLC (Sand Hill Property Company) Architect: Rafael Violy Architects, OLIN Landscape Architects Project Manager: Piu Ghosh STATUS: October 2017: Letter submitted by property owner on October 5, 2017, to re-engage City in the preparation of a Specific Plan and Program-level EIR for a range of alternatives . ft. home is a 3 bed, 2.0 bath property. Related Articles George Avalos is a business reporter for the Bay Area News Group who covers the economy, jobs, consumer prices, commercial real estate, airlines and airports and PG&E for The Mercury News and East Bay Times. The Rise is one of the first projects approved under Californias SB 35 legislation. The developers said they have hired commercial real estate brokerage firms to market both the retail and the offices. Absolutely," said Cupertino Mayor Darcy Paul. [Sand Hill] has demonstrated theyre not afraid to do something thats challenging., Competition is tough around this area, Rohde said, adding that the rise in consumers Internet shopping also has been a challenge for Vallco and other malls and likely will continue to plague shopping centers., The days of department stores anchoring shopping centers are really over, Rohde said. Our City Departments Community Development Planning Major Projects Vallco. 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. By The Registry Staff View more property details, sales history and Zestimate data on Zillow. Impervious Surface Data Form, Vallco Town Center - Title Reports with Live Links, FAQs/Permit Activity Vallco Town Center. By The Registry Staff We really want to do something special with this 50-acre site in the heart of Silicon Valley, said Reed Moulds, a managing director with Sand Hill Property Co., the firm that intends to build the neighborhood slated to be Cupertinos new town square. 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. On May 4, 2021, Vallco's legal representative, Coblentz Patch Duffy & Bass, sent the following letter to the City in response to the City's letter regarding comments on an Excavation Management Plan (EMP) submitted and other Environmental Concerns. Overall, the Rise will have 40 acres of open space, including 4 miles of trails and paths, recreational lawns, family picnic areas, playgrounds, seating areas, and an informal amphitheater. The layout of the mall is a bit dated. 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. SelectQ4 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. More than two-thirds of Vallco Town Center would be made up of residential units. 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. Amended Plan for Modification Received: 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. 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. On September 7, 2021, the City Council received an update on the status of the Vallco SB35 project. Its first phase about 800 homes, most of its 429,000 square feet of room for shops, restaurants and entertainment tenants, and a significant chunk of its 40 acres of outdoor open areas will be complete in 2025 and its retail portion will open the following year, Moulds said. Today is an important moment for those who have shared in Vallcos journey to be able at last to visualize the experience we have created together with The Rise, said Reed Moulds, managing director for Sand Hill Property Company. The Rise is born from the global capital of innovation Silicon Valley has changed the way the world lives, and The Rise aspires to fundamentally change how Silicon Valley lives. The Sand Hill Property Company has been working with members of the Cupertino community for the last seven years to identify wishes, needs. 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. 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.The City issued the following documents: Approval Letter Along with natural ventilation and smart technology, the green roof will also ensure energy efficiency, providing natural insulation that will keep the buildings and surroundings cool in the summer and warm in the winter. The Rise, Sand Hill Property Company's bold vision, is coming to life in Cupertino. The Sand Hill Property Company, which oversees the mixed-use Cupertino site, announced the new name on Thursday when it launched the property's new website, TheRiseCalifornia.com. The plan would increase Cupertinos affordable housing stock fivefold, but the project also would include 1.8 million square feet of office space and 400,000 square feet of retail. N8183 Sand Hill Dr , Malone, WI 53049 is a single-family home listed for-sale at $425,000. Sand Hill responded with Measure D, which asked voters to approve the Hills at Vallco plan. These six plan sheets are available in the "The Rise - Modification Application" section below. Please enable JavaScript in your browser for a better user experience. The project comprises of 11 buildings, each between 7- 26 stories in height with a green roof connecting the buildings. All Access Digital offer for just 99 cents! The project continues to be a mixed use development with 2,402 units of housing, approximately 1.97 million square feet of office space and about 425,000 square feet of retail uses. Attachment, Letter from Vallco re: Environmental Review Protocol 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. The managing director of the project, Sand Hill Properties, told the Mercury News that. He added that This sale is a great opportunity to reinvent this area into the thriving Silicon Valley community it should be. Sign up!! 2022 CBS Broadcasting Inc. All Rights Reserved. You may also sign up for email alerts from GeoTracker by clicking -GeoTracker Email Alerts. The EMP was under review but was not finalized since the soil remediation process is now being overseen by the Santa Clara County Department of Environmental Health. We encourage our community members to stay engaged in the design and planning process of the Vallco Special Area,Brandt wrote in an emailed statement, as its an opportunity to negotiate community benefits and express project options and preferences.. Today's announcement includes an update on the progress of the visionary 7 million square foot development, designed with years of community input to provide an iconic, forward-thinking town center at the heart of the city renowned for design and technology and as the home of Apple. Attachment A - Approved Plans The remediation of the contamination is a key part of the process, the mayor said. September 7, 2021 City Council The City issued the following documents: Technical Corrections Letter - 6.21.2022 The rebranding pays homage to Californias spirit of possibility, history of innovation, and breathtaking natural beauty. 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. Plus, the project will include about 2,400 housing units, of which 1,200 are slated to be affordable residences. 4(f) and 8. Still, plenty of work will be required before the project can reach a visible construction phase, Cupertino Mayor Darcy Paul noted. 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. 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. In 2023, Sand Hill aims to push ahead with the vertical . The Frequently Asked Questions (FAQs) below are to inform the community about SB 35 and explain how it relates to the Vallco Town Center SB 35 Application. Located across the I-280 freeway from Apple Park, 'The Rise' will offer a more public mixed-use site with open space, shops, offices, and over two thousand homes. A new website launched today unveils 'The Rise' (www.TheRiseCalifornia.com), paying homage to California's spirit of possibility, history of innovation and breathtaking natural beauty. 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. 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. Sand Hill Propertys The Rise is a New Vision for 50-Acre Former Peninsula Mayors Forum & Industry Outlook, Northern California Life Sciences Webinar, STACK Infrastructures More than 500,000 SQFT Data Center Development Gains Approval from San Jose Planning Commission, Palo Alto Greenlights Sand Hill Property Companys 52,000 SQFT Mass Timber Office Building Proposal, The Sobrato Organization Proposes 432-Unit Multifamily Community in Menlo Park, Sol San Jose Owner Acquires $26.4MM Loan on 3.2-Acre San Jose Redevelopment Site Slated for Foreclosure Auction, 42,000 SQFT Industrial Asset in San Francisco Hits Market for $13.5MM, Dimension Properties 128,000 SQFT Prospect Center Listing in Rancho Cordova Drops to $27MM Asking Price, Nibbi Jumps into Modular Construction with Sango Court Project in Milpitas, Industrial Market Is Hitting Record Occupancy, But Industry May Be Stabilizing. We hope that we will be able to start the next step, digging, soon," Peter Pau, principal and co-founder of Vallco redeveloper Sand Hill Property Company, said Tuesday during a Q&A with him and . More information on SB 35 may be found by clicking here. There will be options for all income levels.. The . 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. A Silicon Valley Company Fostering Community Through Design. The development team and funding is in place to move forward now, he wrote. Dear Abby: Am I overreacting to my European daughter-in-law's behavior? Attachment C - Standard Requirements and Project Implementation Requirements. Despite its seemingly strong location on 50 acres at North Wolfe Road and Stevens Creek Boulevard, Vallco has floundered. We envision this being an exciting place to be day and night, Moulds said. Marisa Kendall is a housing reporter for the Bay Area News Group who covers homelessness for The Mercury News and East Bay Times.
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