The property will not just be for its residents and office workers. The rebranding pays homage to California's spirit of possibility, history of innovation, and breathtaking natural beauty. CUPERTINO (KPIX 5) Most of the 50-acre former Vallco site in the heart of Cupertino has been cleared down to bare land, ready for an all-new development plan after years of legal wrangling. 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 community's expectations, not just today but into the future. How will courts rebuke of Berkeleys natural-gas ban affect the national movement it began? 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. View more property details, sales history and Zestimate data on Zillow. The City issued the following documents: Approval Letter Both measures lost in the November 2016 election. 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 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. 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. With 40 acres of open space and the largest green roof in the world, the introduction of The Rise marks a new defining moment for Silicon Valley and the beginning of a new post-Covid era for urban design. ft. home is a 3 bed, 2.0 bath property. Plus, the project will include about 2,400 housing units, of which 1,200 are slated to be affordable residences. But Paul is concerned about the regional infrastructure needed to support such as project, with transportation at the top of the list. The council is expected to vote on the recommendation Nov. 18. The work plan needed to be submitted and reviewed prior to issuance of certain demolition permits. Vallco Letter re: Environmental Review Protocol, City's Response to Vallco Letter re: Environmental Review Protocol This section provides information on the review that has occurred which led to the Soil Remediation Agreement (posted in the "What's new?" She previously covered startups and venture capital for the Bay Area News Group and prior to that court cases for The Recorder in San Francisco. http://geotracker.waterboards.ca.gov/?gid=T10000017167. September 7, 2021 City Council Please enable JavaScript in your browser for a better user experience. Fill out the form below to subscribe for an email alert covering the week's top stories. "We're going to have housing for all. It also opened a housing interest list where people can make inquiries, get information on the projects unit mix and connect with a residential brokerage team. 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. 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. 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 180-day deadline to provide a determination on the Vallco SB 35 project was Sunday, September 23, 2018. All rights reserved. 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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. Sand Hill Property Co. has been winding down operations at Vallco, its dying Cupertino shopping mall, for more than a year. Attachment to HCD Letter - September 7 City Council Staff Report and Attachment, Vallco Response Letter toCity's Project Extension Application Request: It will also include 1,973,000 square feet of office/lab space, with expanded floor plates to allow spacious office layouts and various laboratory configurations. Water, electricity, sewage, transit infrastructure must all be addressed.. 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 . Sand Hill Property Co. The Rise is the name of a vast and ambitious neighborhood, rich with greenery and open space, that developers hope will replace the dead and demolished mall in the coming years. In 2023, Sand Hill aims to push ahead with the vertical . (Click here, if you are unable to view this video on your mobile device.). 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. By The Registry Staff 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. On September 21, 2021, the City sent a letter to Vallco addressing this matter among other things including project extension. That came in. On September 14, 2021, the City received a letter from the Developer in response to the City's August 28letter Soil Characterization Report (SCR) and Environmental Site Management Plan (ESMP): These two documents were reviewed by the City beginning April 2019. : 2001-2023. https://geotracker.waterboards.ca.gov/profile_report.asp?global_id=T10000020648. Silicon Valley has changed the way the world lives, and The Rise aspires to fundamentally change how Silicon Valley lives.. More information on SB 35 may be found by clicking here. 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 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. Macys, J.C. Penney and Sears will operate under a one-year lease-back agreement. 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. The Rise will deliver more than half of Cupertinos Regional Housing Needs Allocation (RHNA) obligation for the next eight-year housing element cycle and is central to its compliance strategy. section) with the Santa Clara County Department of Environmental Health in June 2021 and select documents from the State Water Boards website. Lockehouse Real Estate Group and Newmark are handling the retail and Cushman & Wakefield is seeking office tenants. When typing in this field, a list of search results will appear and be automatically updated as you type. City Response to HCD's Technical Assistance Letter: Developer tries to fast-track housing at Vallco, 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), First Republic Bank seized, sold to JPMorgan Chase, Developer tries to fast-track housing at Vallco Mall under new state law. The new plan is a significant shift from the original Hills at Vallcoproposal Sand Hill floated in 2015. SB 35 changed the local review process for certain development projects by establishing a streamlined, ministerial review and approval process if they meet objective planning standards. More than two-thirds of Vallco Town Center would be made up of residential units. Dear Abby: Am I overreacting to my European daughter-in-law's behavior? Subsequent to the City's approval of the Vallco SB 35 project on September 21, 2018, certain technical corrections were made to two Standard Project Requirements. First published on March 25, 2022 / 6:00 PM. 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. Now, about 640 of the affordable units, or 53%, will be 1-, 2- and 3-bedroom units, while 560 affordable units, or 47%, will be studios, Moulds said. I fully expect there will be a slew of work to be done at the jurisdictional level, Paul said. 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. 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. Harriette Cole: My friend's mom didn't recognize me at my job, and she was very rude, Ask Amy: I put a security camera in my room, and what I saw was creepy, Ask Amy: My fiancee's family says I'm not invited, and she's going without me, 'Total dominance': Steph Curry breaks NBA Game 7 record, leads Warriors over Kings, The dad whose wife and child were among 5 killed by a neighbor in Texas describes how the massacre unfolded, Dear Abby: The reason her fiance hid his phone was something she never guessed, Mortgage fees to rise for buyers with high credit scores, fall for those with lower scores, Kurtenbach: Game 7 is likely not win-or-go-home for the Warriors it's win-or-break-up, Do Not Sell/Share My Personal Information. These six plan sheets are available in the "The Rise - Modification Application" section below. Plans call for 429,000 square feet of retail, dining, and entertainment spaces arranged in districts that developers hope will form Cupertino's new downtown. Paper plans are available at City Hall for review during business hours. Housing | 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. 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. City Response to Vallco. 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 Hills 17-acre Main Street Cupertino mixed-use development, both of which are slated to open by 2016. All Access Digital offer for just 99 cents! The 50-acre housing, office, retail, and parkland development currently under construction at the old Vallco Mall will now be known as The Rise. The project encompasses 50.82 acres of the former Vallco Mall property. Housing | It is unclear whether or how long the Bay Club fitness center and AMC movie theaters, which lease space at the mall, will remain. Cupertino residents were told they would have a voice in the planning process, and now thats been taken away, she said. 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. A judge dismissed that suit in 2020, allowing the project to move forward. 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. 2022 CBS Broadcasting Inc. All Rights Reserved. Please enter valid email address to continue. Efi Luzon, a senior vice president at Intero Real Estate Services, Inc. and managing director of real estate brokerage The Luzon Team in Los Altos, represented the buyer in the transactions. 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. 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. 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. City - Project Extension Application Request Letter, Housing and Community Development (HCD) Department's Technical Assistance Letter: 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. You may also sign up for email alerts from GeoTracker by clicking -GeoTracker Email Alerts. Attachment C - Standard Requirements and Project Implementation Requirements. Still, plenty of work will be required before the project can reach a visible construction phase, Cupertino Mayor Darcy Paul noted. City Response to Fee Protest Letter, City's Project Extension Application Request Letter: 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. You may also sign up for email alerts from GeoTracker by clicking -GeoTracker Email Alerts. Vallco went into bankruptcy followed by foreclosure in 2008. City's Letter to Vallco re: Project Extension and Environmental Review Protocol. For more details and attachments, visit the "Correspondence" section below. The City received plans from the applicant in which only six sheets were modified since March 24, 2022. The retail anchors were purchased in October for about $200 million, and the interior mall was acquired this week from Vietnam-based investor Vallco Shopping Mall LLC for approximately $120 million, the source said. Attachment B - Basis for Approval A Silicon Valley Company Fostering Community Through Design. Single-family house sells for $1.7 million in Fremont, Single family residence sells for $3.3 million in Palo Alto, San Jose hotel project site is seized through foreclosure, Big changes starting today in how mortgage fees are calculated, They said it: Nowhere for the water to go, Total dominance: Steph Curry breaks NBA Game 7 record, leads Warriors over Kings. Few tenants remain at . The malls sale was complex as each anchor and the interior mall were separately owned, so each piece had to be negotiated on its own. 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. Plans for the new Vallco Town Centerenvisiona thriving community space where people from Cupertino and beyond will come to browse their favorite stores, take in a movie, picnic with their families or even play sports. The information provided here is for convenience and is asmallnumber of the documents posted on the GeoTracker website. 78 Sand Hill St , Marco Island, FL 34145-4613 is a single-family home listed for rent at /mo. 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. 4(f) and 8. The idea is to make this a destination for the community.. 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. 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. 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. To be put in touch with our office and retail leasing teams, or to be added to our housing interest list, visit www.TheRiseCalifornia.com. ", 2016 Economic Development Strategic Plan (EDSP), Waiver of Business License Tax (Non-Profits), City Code, Permits, Inspections & Licenses, McClellan Road Separated Bike Lanes Project, Accessory Dwelling Unit - Pre-Approved Plans, Wireless Communications Facilities Ordinance, Apple Park Phase 1 Architectural and Site Refinements, Steve Jobs Presents to Cupertino City Council, Reissued Attachment C - Modification Conditions of Approval, Attachment C - Standard Requirements and Project Implementation Requirements, https://geotracker.waterboards.ca.gov/profile_report.asp?global_id=T10000020648, Signed Application for Regulatory Oversight Vallco SCCDEH - 11.02.2022, SCCDEH LettertoDepartment of Toxic Substances Control (DTSC) and Regional Water Quality Control Board (RWQCB), Signed Application for Regulatory Oversight Vallco SCCDEH- 04.15.2021, SCCDEH LettertoDepartment of Toxic Substances Control (DTSC) and Regional Water Quality Control Board (RWQCB)- 06.04.2021, http://geotracker.waterboards.ca.gov/?gid=T10000017167, Letter regarding EMP and other Environmental Concerns, Vallco's Response to EMP and Environmental Concerns Letter, Vallco Letter re: Environmental Review Protocol, City's Letter to Vallco re: Project Extension and Environmental Review Protocol, Corrected EMP (resent by VPO) - received 1.19.2021, Response to City Comments and Revisions to 3.5.2021 EMP, Response to City Comments and Revisions to 3.5.2021 and 3.11.2021 EMP (revised), Correspondence from staff to applicant 11.18.21, Email - Comments - Susan Mearns and DEH Response 1.17 and 26.2022.pdf, Conceptual Site Model Revisions 1.25.22.pdf, Correspondence and Response from DEH staff 3.25.2022, Site Management Plan and Site Assessment Report 3.28.22, 2022 Soil Gas Investigation Report 6.16.22, Attachment B - 90-day Determination Letter dated June 22, 2018, Attachment C - Standard Project Requirements and Project Implementation Requirements, City - Project Extension Application Request Letter, Vallco -Response Letter to City's Project Extension Application Request, Friends of Better Cupertino's (FBC) First Amended Petition (October 16, 2018), Vallco Property Owner LLC's (VPO) Motion for Judgment on Pleadings (February 13, 2019), FBC's Opposition to VPO's Motion for Judgment on the Pleadings (March 18, 2019), City of Cupertino's Notice Taking No Position on VPO's Motion for Judgment on the Pleadings (March 18, 2019), VPO's Reply in Support of Motion for Judgment on the Pleadings (March 22, 2019), Court's Order Denying VPO's Motion for Judgment on the Pleadings (April 4, 2019), City of Cupertino's Statement of Non-Opposition to FBC's Opening Brief (May 24, 2019), VPO's Opposition to FBC's Petition (May 24, 2019), VPOs Response to City of Cupertinos Statement of Non-Opposition (June 18, 2019), City of Cupertinos Reply to VPOs Response to the Citys Statement of Non-Opposition (July 1, 2019), VPO's Supplemental Brief Re: Amendment to SB 35 (August 9, 2019), FBC's Reply in Support of Petition for Peremptory Writ of Mandamus (August 23, 2019), VPO's Reply in Support of Supp Brief re: AB 101, Bay Area Council Amicus Brief In Support of VPO (Aug. 15, 2019), UA Local 393 Amicus Brief in Opposition to FBCs Petition (Aug. 23, 2019), VPO Surreply Brief In Opposition to FBCs Petition (Sept. 30, 2019), City of Cupertinos Response to Bay Area Councils and UA Local 393s Amicus Briefs (Oct. 4, 2019), Declaration of Ben Fu In Support of City of Cupertinos Response to Amicus Briefs (Oct. 4, 2019), FBCs Response to Amicus Briefs (Oct. 4, 2019), FBC Reply to Vallco Surreply (October 15, 2019), Declaration of FBC Attorney Stuart Flashman (October 15, 2019), RPI Vallco Objection to Flashman Declaration Request to Strike (October 24, 2019), RPI Vallco's Notice of Recent Authority (October 24, 2019), Order Vacating Submission and Resubmitting Cause (March 16, 2020), Court's Order Denying Petition for Writ of Mandate (May 6, 2020), Court's Order Re: Administrative Record and Scope of Briefing (May 6, 2020), Santa Clara County Superior Court Judgement (May 22, 2020), Updated Landscape Lighting and Signage Part 1 - 7-31, Updated Landscape Lighting and Signage Part 2 - 7-31, Updated Overall Topographic Survey - 7-31, Updated Existing Public and Private Easements and Boundaries - 7-31, Updated Architectural Plans Part 1 - 8-17, Updated Architectural Plans Part 2 - 8-17, Updated Architectural Plans Part 3 - 8-17, Updated Architectural Plans Part 4 - 8-17, Updated Landscape Lighting and Signage Plan - 8-17, Updated Demolition and Tree Removal Part 1 - 8-17, Updated Demolition and Tree Removal Part 2 - 8-17, Updated Architectural Plans (Material Board) Part 1 - 8-24, Updated Architectural Plans (Material Board) Part 2 - 8-24, Updated Architectural Plans (Material Board) Part 3 - 8-24, Updated Architectural Plans (Material Board) Part 4 - 8-24, Updated Landscape, Lighting and Signage Plans Part 1 - 8-24, Updated Landscape, Lighting and Signage Plans Part 2 - 8-24, Updated Demolition and Tree Removal Plans - 8-24, Updated Grading and Drainage Plans - 8-24, Permit Provision C.3. The project will be built in phases over several years, according to Sand Hill. 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. By clicking "Accept All", you consent to our use of cookies. "This is 50 acres right here and we're putting 2,400 units of housing. Brightworks creative and multi-disciplinary staff offer expertise in the following areas: Brightworks Sustainability, LLC. Reissued Attachment C - Modification Conditions of Approval. SCCDEH Oversight: Sand Hill Property Company, the developer that owns the nearly vacant Vallco Mall in Cupertino and has tried for years to redevelop it as a new mixed-use urban center, announced Tuesday. Sand Hill Property began demolition on the Vallco Mall site, located on North Wolfe Rd, in October 2019. The project will include 561 studios, 537 1-bedroom, 97 2-bedroom and six 3-bedroom affordable units. The revitalization of Vallco had been one of the citys highest priorities for more than two decades, Cupertinos Mayor once reflected. She started her journalism career reporting on crime and breaking news for The News-Press in Southwest Florida. Then we have a deficit. The Rise demonstrates that even in unprecedented circumstances, thoughtful planning and deep collaboration at the center of innovation can bring forward solutions that deliver what a community needs to not just meet the moment, but achieve its highest aspirations.. The firm has big plans for the 50 acre (20 . The current iteration of the development includes popular elements from recent resident input cycles and is reflective of more than three years of refinement since the projects legal approval, as well as feedback from a series of community surveys conducted over the past six months. Zip Code. There's going to be affordable housing, there's going to be. He added that This sale is a great opportunity to reinvent this area into the thriving Silicon Valley community it should be. 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. 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. FROM SAND HILL PROPERTY COMPANY (Aug. 26, 2015): Sand Hill Property Company ("Sand Hill Property"), a leading Silicon Valley-based property owner and developer announced today new plans to completely transform the outdated Vallco Shopping Mall into The Hills at Vallco - to become Cupertino's mixed use town center and the heart of the City's emerging downtown.