The Rise (Former Vallco Town Center)

As required by SB 35,

1) fifty percent of the base housing units must be affordable

2) two-thirds of the total project square footage must be allocated for residential use

3) The City has 60 days to process the application Details are below in the "The Rise - 2023 Modification Application" tab.

The project was a mixed-use development with 2,402 units of housing, approximately 1.97 million square feet of office space, and about 425,000 square feet of retail uses.

 

July 11, 2024 - Cupertino and Vallco Developer Agree on Impact Fees

2024: 

July 17: UPDATED Press Release(PDF, 332KB) 

July 11, 2024 The Rise - Cupertino and Vallco Developer Agree on Impact Fees

The City of Cupertino has reached an agreement with Vallco Property Owner regarding the payment of impact fees by The Rise project, located at the former Vallco Shopping Mall site.

View Agreement(PDF, 13MB)

 

February 16, 2024 - Modification Application Approved

February 16, 2024: The Rise - Second Modification to SB 35 project has been approved

On February 16, 2024, the City approved the Rise (formerly Vallco Town Center) SB 35 second modification received from the Vallco Property Owner LLC (VPO) in December 2023.The City issued the following documents, which include updated plans received from the applicant during the review process on February 6 and February 14, 2024:

Approval Letter(PDF, 626KB)
Attachment A - Approved Plans(PDF, 262MB)
Attachment B - Basis for Approval(PDF, 201KB)
Attachment C - Standard Permit Requirements(PDF, 321KB)

February 14, 2024:

The City received additional plans from the applicant on February 14, 2024 in which minor modifications were made since December 5, 2023. These plans are included in the final approved plan set.

February 6, 2024:

The City received plans from the applicant in which minor modifications were since December 5, 2023. These plans are included in the final approved plan set.

 

The Rise - 2023 Modification Application

December 5, 2023 The Rise - Second Modification Application received

Application for Modification: 

On December 5, 2023, Sand Hill Property Company (SHPCo) submitted a second modification application for The Rise (formerly Vallco Town Center) development pursuant to SB 35. The project continues to be a mixed use development with 2,669 units of housing, approximately 1.95 million square feet of office space and approximately 226,000 square feet of retail uses. As required by SB 35, 1) fifty percent of the base housing units must be affordable, 2) two-thirds of the total project square footage must be allocated for residential use, and 3) the City has 60 days to process the application. Details are below in the "The Rise - 2023 Modification Application" tab.

Prior to receiving this modification application, SHPCo filed an application with the City of Cupertino on March 27, 2018 entitled "Vallco Town Center Project Application pursuant to SB 35" for 50.82 acres of the former Vallco Mall property. The developer utilized state Density Bonus law incentives and density bonus units in its proposal. The project was a mixed use development with 2,402 units of housing, approximately 1.97 million square feet of office space and about 425,000 square feet of retail uses. Fifty percent (1,201) of the housing units were proposed to be affordable. On September 21, 2018, the City approved the project. In March 2022, SHPCo filed a modification application. The developer continued to utilize state Density Bonus law incentives and density bonus units in its proposal, with no changes to the mix of uses. On June 3, 2022, the City approved the modifications. Details are below in the "The Rise - 2022 Modification Application" tab.

The following documents have been provided by the applicant in support of the second modification to The Rise development project, which pursuant to Govt. Code Section 65913.4 must be reviewed by February 5, 2024:

 

The Rise - Modification Application

June 21, 2022 The Rise -Technical Corrections

The City reissued Standard Requirements:
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. 4(f) and 8. The City issued the following documents:

Technical Corrections Letter - 6.21.2022(PDF, 627KB)
Reissued Attachment C - Modification Conditions of Approval(PDF, 303KB)

June 3, 2022:

On June 3, 2022, the City approved the Rise (formerly Vallco Town Center) SB 35 modification received from the Vallco Property Owner LLC (VPO) in March/April 2022. The City issued the following documents:

Approval Letter(PDF, 4MB)
Attachment B - Basis for Approval(PDF, 186KB)
Attachment C - Standard Requirements and Project Implementation Requirements(PDF, 301KB)

May 27, 2022:

The City received additional plans from the applicant on May 27, 2022.

May 25, 2022:

The City received plans from the applicant in which only six sheets were modified since March 24, 2022. Disclosable plan sets are available upon request.

March 24, 2022:

The following plans and documents were sent to the City on March 24, 2022:

More FAQs

What is SB 35?

Governor Brown signed new housing legislation, including Senate Bill 35 (SB 35), on September 29, 2017. SB 35 changed the local review process for certain development projects by establishing a streamlined, ministerial review and approval process if they meet objective planning standards.

More information on SB 35.

What permits have been applied for and issued for the Vallco Town Center Special Area?

Information about the current permits applied or issued for construction at the Vallco Town Center Special Area is available online at FAQs/Permit Activity – Vallco Town Center

Updates! Frequently Asked Questions (FAQs)

The Frequently Asked Questions (“FAQs”) below are to inform the community about SB 35 and explain how it relates to the Vallco Town Center SB 35 Application.

Vallco SB 35 Frequently Asked Questions (FAQs)(PDF, 420KB)