Staff Report The Hills at Vallco | City of Cupertino, CA The affordable units will have a different mix than prior versions of the project, Moulds said. 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. 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. 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. 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 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. 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. . On September 7, 2021, the City sent the following letter to HCD regarding their Technical Assistance: Reissued Attachment C - Modification Conditions of Approval. SCCDEH Oversight: On September 1, 2021, the City received the following letter as Technical Assistance upon issuance of the City's letter regarding Project Extension to the Developer. Vallco Shopping Mall - Wikipedia The project encompasses 50.82 acres of the former Vallco Mall property. View more property details, sales history and Zestimate data on Zillow. El Estoque | Opposition to the Vallco Plan 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. 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. How will courts rebuke of Berkeleys natural-gas ban affect the national movement it began? 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. 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. Popular elements from prior input cycles have been incorporated into the plan, and today residents are getting a first look at the design details that reflect more than three years of refinement since the projects approval, as well as feedback from a series of surveys conducted over the past six months. Attachment B - Basis for Approval You may also sign up for email alerts from GeoTracker by clicking -GeoTracker Email Alerts. (Sand Hill Property Company), Public File for KBCW-TV / KBCW 44 Cable 12. Underground, Sand Hill plans to create 10,500 parking spaces. 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. Vallco Town Center - Property investment Vallco Mall Redevelopment (The Hills at Vallco) - Brightworks Vallco - Fee Protest Letter, City's Response to Vallco's Fee Protest Letter: By The Registry Staff 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. Single-family house sells for $1.7 million in Fremont, Single family residence sells for $3.3 million in Palo Alto, California consumers struggling? 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. Housing | There's going to be affordable housing, there's going to be. Huge Cupertino village seeks residents and office, retail tenants All Rights Reserved. Silicon Valley megaproject gets new name, hires commercial listing brokers The rebranding pays homage to California's spirit of possibility, history of innovation, and breathtaking natural beauty. 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.
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