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Commercial Development

Silverstone Properties Fails in its Bid to Rezone Property

May 12, 2008

After spending nearly two years working to entitle 7 acres of commercial property in West San Jose for housing, Silverstone Properties came up a vote short in the city council. The council voted this past week 6-5 against the rezoning of the property from its current office/industrial use to residential.
The mayor and the city have [...]

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Bay Meadows Plan Gets The Green Light

April 24, 2008

The San Mateo City Council on Monday approved the site plan for the Bay Meadows race track. The 84-acre site in San Mateo is slated to be developed into approximately 95,000 square feet of retail, 15 acres of parks/open space, 750,000 square feet of office space, and about 400 new residential units.
Bay Meadows Land Company, [...]

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NVIDIA Planning Two Million Square Feet Campus in Santa Clara

April 14, 2008

Coming on the heels of its recent $150M purchase of the San Tomas Business park, NVIDIA is working to put the pieces in place to develop approximately 2,000,000 square feet of office and R&D space on the site. The park and an adjacent 11-acre piece consists of 475,000 square feet of office and R&D space spread across 10 [...]

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Brocade In Talks to Lease @First Office Park at First & 237

April 4, 2008

The latest “big news” is that Brocade is in negotiations to lease the Phase I buildings of Hunter/Storm’s office project located at the SEC of 237 and First Street. The project is a JV between Hunter/Storm of Cupertino and MacFarlane Partners out of San Francisco. The project entails 4 Class A office buildings totaling 880,000 [...]

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Green Building Requirements Becoming Mandatory

March 24, 2008

The San Francisco Building Inspections Commission voted in favor on enacting new green building requirements. The requirements would require almost all commercial buildings (those bigger than 5,000 square feet) to comply with LEED standards. In addition, residential structures exceeding 75 feet in height and other buildings in excess of 25,000 square feet must also comply [...]

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KT Properties Picks Up 1 S Market in Downtown San Jose

March 24, 2008

KT Properties has acquired the property locatd at 1 South Market St in Downtown San Jose from Haury Properties. Plans for the site include high-rise condominiums but could be changed to office if the demand materializes. KT and its partners are currently developing the AXIS residential condo project located at Santa Clara and N Almaden [...]

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Coyote Valley Plans Put on Hold

March 19, 2008

Over the past five years, a group of developers which included Shapell, Citation, and Keenan have been funding the planning process for Coyote Valley in South San Jose. The Coyote Valley has over the past two decades been considered as a place where companies could build additional campuses, with the latest campus plans belonging to [...]

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