Vallco Shopping Special Area

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Satellite

Development Site

Size

57.3 acres

Ownership

Privately Owned

Site Description

The Vallco Shopping District Special Area encompasses Cupertino’s most significant commercial center, formerly known as the Vallco Fashion Park. This Special Area is located between Interstate 280 and Stevens Creek Boulevard in the eastern part of the city. The North Blaney neighborhood, an established single-family area, is adjacent on the west side of the Vallco Shopping District. Wolfe Road bisects the area in a north-south direction, and divides Vallco Shopping District into distinct subareas: Vallco Shopping District Gateway West and Vallco Shopping District Gateway East. In recent years there has been some façade improvement to the Vallco Fashion Mall; however, there has been no major reinvestment in the mall for decades. Reinvestment is needed to upgrade or replace older buildings and make other improvements so that this commercial center is more competitive and better serves the community. Currently, the major tenants of the mall include a movie theater, bowling alley and three national retailers. The Vallco Shopping District is identified as a separate Special Area given its prominence as a regional commercial destination and its importance to future planning/redevelopment efforts expected over the life of the General Plan.

Local Description

Part of future planning process and general plan amendment - to be rezoned for mixed use. Some of the highest land values in nation. Area has highest property values and rents in region. Cupertino has experienced modest growth, averaging 1.4 percent annually over the past ten years. This is a more rapid growth rate than either Santa Clara County or the Bay Area as a whole. Reflecting high education levels and professional occupations, Cupertino households earn a significantly higher median household income ($123,700) than Santa Clara County ($87,200), and the Bay Area ($75,800). This means Cupertino households can support higher rents and home prices as well as higher levels of discretionary retail spending. While there are approximately 31,800 jobs in Cupertino, there are approximately 5,100 residents in the city who also work in Cupertino, indicating a net inflow of approximately 26,700 workers into the community on weekdays. These workers represent a segment of market demand for convenience retail expenditures.

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Planning & Policy Documents / Request for Proposals (RFP)

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Master Plan/Specific Plan

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Height Limits

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Floor to Area Ratio (FAR)

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Dwelling Units per Acre

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Environmental Approval / Status

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Zoned for Preferred Outcomes

in transition

Incentives

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Costs

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Transportation

freeway improvements

Private Investment

next to new Apple Campus

Local Development Trends & Market Indicators

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Wolfe , San Jose, CA 95014

0.16 acres (6881.23 sqft)
Owner
Details
APN: 31620082
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10333 Wolfe , San Jose, CA 95014

5.12 acres (222892.37 sqft)
Owner
Details
APN: 31620088
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10123 Wolfe , San Jose, CA 95014

0.68 acres (29528.54 sqft)
Owner
Details
APN: 31620105
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10101 Wolfe , San Jose, CA 95014

3.73 acres (162383.54 sqft)
Owner
Details
APN: 31620081
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San Jose, CA 95014

1.85 acres (80649.78 sqft)
Owner
Details
APN: 31620103
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10101 Wolfe , San Jose, CA 95014

12.4 acres (539974.12 sqft)
Owner
Details
APN: 31620080
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10123 Wolfe Rd, San Jose, CA 95014

5.5 acres (239500.17 sqft)
Owner
Details
APN: 31620107
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10123 Wolfe Rd, San Jose, CA 95014

2.71 acres (118126.3 sqft)
Owner
Details
APN: 31620095
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10150 Wolfe , San Jose, CA 95014

9.98 acres (434662.42 sqft)
Owner
Details
APN: 31620094
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10343 Wolfe , San Jose, CA 95014

1.04 acres (45110.86 sqft)
Owner
Details
APN: 31620104
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10123 Wolfe , San Jose, CA 95014

3.27 acres (142399.84 sqft)
Owner
Details
APN: 31620106
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10123 Wolfe , San Jose, CA 95014

4.51 acres (196468.31 sqft)
Owner
Details
APN: 31620101
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10330 Wolfe , San Jose, CA 95014

0.9 acres (39160.6 sqft)
Owner
Details
APN: 31620099
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Wolfe , San Jose, CA 95014

2.12 acres (92413.69 sqft)
Owner
Details
APN: 31620092
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10123 Wolfe Rd, San Jose, CA 95014

3.35 acres (145833.78 sqft)
Owner
Details
APN: 31620100

Contact Tsatsral Magnaibayar

Tsatsral, from OppSites, Inc., has more details.

Cupertino Proposed General Plan Amendment. Proposed amendments to the General Plan (2005) include project goals of: (1) Protecing and enh... More

Created on September 4th, 2014 (last updated 12 months ago)