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. With lawsuit behind it, Vallco Town Center redeveloper eyes project's All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Watch: Developer Patrick Carroll "spits" on restaurant manager, Miami luxury real estate agent pleads guilty in PPP fraud case, Fate of new town center in Cupertino lies in local county departments hands, Site of 294-unit Cupertino housing project changes hands for $81M, Related Cos., Atria say theyll bring senior housing to Santa Clara, Cupertino. Huge Cupertino village seeks residents and office, retail tenants 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. 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. But the project itself needs more like 6,000 units of housing to offset the impact. 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.. SV@Home, a pro-affordable housing organization, applauded the Vallco Town Centers proposed 1,201 units of below-market-rate housing. 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. These reports have not been finalized since the soil remediation process is now being overseen by the Santa Clara County Department of Environmental Health. 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. 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. 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.. I fully expect there will be a slew of work to be done at the jurisdictional level, Paul said. (Sand Hill Property Company), Public File for KBCW-TV / KBCW 44 Cable 12. 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. Vallco Town Center, New SB 35-Compliant Plan for Vallco Mall Proposes 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. 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. I think its underhanded of Sand Hill to submit this application in the middle of the community engagement process, Sreekrishnan said. Related Articles The Hills at Vallco | City of Cupertino, CA 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 . The project will include 2,400 housing residences with 1,200 of them earmarked as affordable units. The link to the Vallco site on the GeoTracker is:http://geotracker.waterboards.ca.gov/?gid=T10000017167. Office and lab complexes will be built in later years, according to plans. 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. Its like I flew an elephant through a nut hole, Luzon said when asked about assembling the intricate deal. 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. Share & Bookmark, Press Enter to show all options, press Tab go to next option, Sand Hill Property Company filed an application with the City of Cupertino on March 27, 2018 entitled "Vallco Town Center Project Application pursuant to SB 35. 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. The managing director of the project, Sand Hill Properties, told the Mercury News that. 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. 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. 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.. She graduated from American University with a BA degree in literature with a minor in journalism. These are all available in the "The Rise - Modification Application" Section below. This is exactly what the community has been telling us to do, Moulds said. Disclosable plan sets are available upon request. Underground, Sand Hill plans to create 10,500 parking spaces. The City made a decision on the Rise Modification application: "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.". Half of the proposed residential units would be reserved for qualifying low-income residents making $84,900 or less for a family of four. Cupertino, CA 95014-3202, 2023 City of Cupertino. 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. SCCDEH Oversight: 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. Despite its seemingly strong location on 50 acres at North Wolfe Road and Stevens Creek Boulevard, Vallco has floundered. Sand Hill Property Company has introduced The Rise (formerly Vallco), the visionary approved mixed-use plan in Cupertino. 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. For the past 42 years we have been providing heavy construction services in Ventura, Santa Barbara, & Los Angeles Counties. Both measures lost in the November 2016 election. 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. The following is a list of the documents provided to the City and reviewed by the City in chronological order: GeoTracker link: Silicon Valley megaproject gets new name, hires commercial listing brokers 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. 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. 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 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. The City issued the following documents: Technical Corrections Letter - 6.21.2022 Artist's rendering of "The rise," a development on the site of the former Vallco mall in Cupertino. 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. 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. About us. View more property details, sales history and Zestimate data on Zillow. The development team and funding is in place to move forward now, he wrote. Vallco Shopping Mall | Malls and Retail Wiki | Fandom Vallco Town Center SB 35 Project | City of Cupertino, CA The link to the East Vallco site on the GeoTracker is: 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. 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. Why Sand Hill Property Co. filed a just-in-case lawsuit against 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. Housing | The 50-acre housing, office, retail, and parkland development currently under construction at the old Vallco Mall will now be known as The Rise. For more details and attachments, visit the "Correspondence" section below. Approval Letter: section) with the Santa Clara County Department of Environmental Health in June 2021 and select documents from the State Water Boards website. They want to see the dining, entertainment, shopping and housing first. The staff report, attachment and other materials are available online at the link below. 2022 CBS Broadcasting Inc. All Rights Reserved. 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. 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.