Mega north San Jose village becomes more urban and nature-friendly

SAN JOSE — A proposed north San Jose mega village of offices,
theaters, retail and homes has been revised to create a pedestrian
friendly, nature-oriented complex with an urban feel that is
envisioned as a Bay Area destination where thousands could
work.

The huge village that’s being proposed in north San Jose would
contain one million square feet of offices, 2,000 homes, 320,000
square feet of retail, a movie complex, an amphitheater and a
150-room hotel, according to preliminary plans submitted by
developer SiliconSage Builders.

“This is going to be a mega village,” said Sanjeev Acharya,
chief executive officer with Sunnyvale-based SiliconSage Builders.
“The idea is to create a place where people can come and spend
half a day.”

With every major building type, along with plazas, park areas
and open spaces, as well as connections to the adjacent Coyote
Creek, the development is designed to appeal to an array of
interests.

“People can live, work, eat, play and experience nature” in
the project, which would be located at the corner of Montague
Expressway and Seely Avenue, according to the preliminary plans
from SiliconSage.

The buildings in the development would be built in a fashion to
create an urban feel for the project. Plus, the village site is
close to the location of the Milpitas BART station as well the
light rail lines on North First Street. The developers also intend
to provide shuttles to the nearby rail lines.

“The project is designed with the pedestrian in mind,”
according to the preliminary proposal submitted to San Jose city
planners.

The development would rise on 22.6 acres that at present
consists of agricultural and vacant land.

“We are in contract to buy the two parcels for the project,”
Acharya said.

The project is somewhat scaled back in size from the original
plans for a 31-acre project with 3,000 homes and 500,000 square
feet of retail. With fewer homes and less retail on less acreage,
the development will be more compact. That, in turn will give it
more of an urban village look and feel.

Potentially 5,000 people could work in the development’s
office buildings, once they were all built.

Tech titans such as Google, Apple, Amazon and Facebook, through
a combination of building leases and property purchases, have
collected numerous sites in Silicon Valley and other parts of the
Bay Area, a quest for expansion sites spurred by a surge in
hiring.

“We also want to include a movie theater and an outdoor
amphitheater,” Acharya said.

The project also would include a Coyote Creek Park with an
observation deck, workout stations and terraces; a Central Park
with the amphitheater, a retail plaza, garden dining and a garden
forest; private gardens and community spaces; as well as more
amenities associated with the offices and the hotel.

“We are providing a variety of common open spaces totaling
approximately five acres,” according to the preliminary plans.
“This includes a publicly accessible privately owned two-acre
park, over two acres of outdoor retail plazas and a variety of
trail improvements along Coyote Creek.”

These kind of 24/7 amenities aren’t available in north San
Jose at present, Acharya opined. For that reason, the developers
believe the complex can draw from a wide region.

“We want this to be a destination for the Bay Area,” Acharya
said.

Source: FS – All – Real Estate News 1
Mega north San Jose village becomes more urban and nature-friendly