About us. Developers plan to do it all without giving Cupertinos city leaders a chance to say no. 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.". First Name Sand Hill Property believes it can begin excavation and other work this year that needs to take place before major construction begins. On September 21, 2018, an approval letterwas issued for the Project. SCCDEH Oversight: Vallco Town Center will have the feel of a bustling downtown, Moulds said. 4(f) and 8. 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. 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 developers said they have hired commercial real estate brokerage firms to market both the retail and the offices. Start your day with the news you need from the Bay Area and beyond. Artist's rendering of "The rise," a development on the site of the former Vallco mall in Cupertino. If all goes well, the project will be rising above ground sometime next year, he said. The layout of the mall is a bit dated. Approval Letter: Disclosable plan sets are available upon request. The project comprises of 11 buildings, each between 7- 26 stories in height with a green roof connecting the buildings. By clicking "Accept All", you consent to our use of cookies. Fifty percent of the housing units are proposed to be affordable, as required by SB 35. 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. The Rise is born from the global capital of innovation, Moulds said. "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. 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. Amended Plan for Modification Received: When typing in this field, a list of search results will appear and be automatically updated as you type. Cision Distribution 888-776-0942 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. In 2023, Sand Hill aims to push ahead with the vertical elements of the huge new neighborhood. On December 21, 2018, the City received the following letter to protest fees imposed on the project. City's Letter to Vallco re: Project Extension and Environmental Review Protocol. [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. The link to the East Vallco site on the GeoTracker is: Cupertino residents were told they would have a voice in the planning process, and now thats been taken away, she said. 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 On September 21, 2021, the City sent a letter to Vallco addressing this matter among other things including project extension. However, the other sheets were not amended since first received by the City on March 24, 2022. On September 7, 2021, the City sent the following letter to HCD regarding their Technical Assistance: 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. 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. 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. The following information was received by the City on August 17, 2018 from the applicant, as asecond partialsubmittal, in response to the Citys 90-day letter requesting further clarification/ supplemental material in support of their SB 35 application. 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. 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. Few tenants remain at . September 7, 2021 City Council Get Morning Report and other email newsletters. 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. N8183 Sand Hill Dr , Malone, WI 53049 is a single-family home listed for-sale at $425,000. 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. 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. These are available in the "The Rise - Modification Application" section below. "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.". 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The main arrival ramp down will move resident, worker, and visitor cars quickly off arterial streets and into a central concierge and rideshare hub or a broader tech-enabled below-grade parking area. 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.. March 25, 2022 / 6:00 PM Tentative Map (subdivision) materials are availablehere. The Rise represents an innovative vision that boldly seeks to meet the needs of the region and community. Housing | For high school students, this contribution includes a new 10,000-square-foot flexible, mixed-use Innovation Center within The Hills at Vallco. 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 council is expected to vote on the recommendation Nov. 18. The Rise will evoke the sense of positivity and vitality that Cupertinos new downtown neighborhood will inspire in those who live, work, or visit here as a place where spirits and prospects will rise. Opinion: How could the As ungrateful owner do this to us? The City made a decision on the Rise Modification application: 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. Copyright 2023 Sand Hill Property CompanyAll Rights Reserved. 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. Today the mall is a ghost town of empty store fronts, many shut with metal gates. City's Letter: Vallco -Response Letter to City's Project Extension Application Request, City Response to Vallco's Letter: People will have a full suite of housing options, including market-rate and affordable, Moulds said. 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. Our portfolio of stabilized investments and new development projects includes retail destinations, mixed-use communities, offices, life science buildings, hotels, and more. 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. Sand Hill Property began demolition on the Vallco Mall site, located on North Wolfe Rd, in October 2019. Single ownership will remove the key barrier to redevelopment that has hampered the site for decades, wrote Sand Hill Principal and Founder Peter Pau in a letter he sent last month to the City of Cupertino Planning Commission. ON TIME AND ON BUDGET. CUPERTINO Fed up with years of false-starts and controversy, the owner of defunct Vallco Mall on Tuesday went over city officials heads with a new proposal that aims to turn the failed shopping center into a downtown destination combining retail, housing and office space. City Response to Vallco. Competition and the economy hindered the malls performance, industry experts said. 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. Housing | Last Name "We're going to have housing for all. Vallcos decline continued with the rise of online shopping, and its stores began to shutter the mall lost its Macys and Sears in 2015, its J.C. Penney closed in 2016, and the AMC movie theater closed this month though AMC will reopen if a plan to redevelop Vallco is approved by the end of this year, Moulds said. The link to the Vallco site on the GeoTracker is: 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. 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. A defining moment for Silicon Valley. 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. 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. Originally built with three levels, it was anchored by Macy's, Sears, and J.C. Penney. The City has sent the following letter to the applicant. 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. 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.