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  Spring 2008, Volume III
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17.4 Acre Site Purchased by Sand Hill Properties
Sandhill

Sand Hill Properties has purchased a highly visible, 17.4 acre parcel bordered by Stevens Creek Boulevard, Tantau Avenue, Vallco Parkway and Finch Avenue. (See photo on left). Formerly under contract by Toll Brothers, this site has long been intentioned for mixed use development.

Sand Hill’s principal Peter Pau has bold ideas for a community enhancing project that may include significant lifestyle retail, a high-end hotel and fitness club, supporting office space, and senior/age-restricted housing.

Vallco South Master Plan to Begin
VallcoSouth

Sand Hill Properties is proceeding with public outreach to gather stakeholder input for a Vallco South Master Plan which will address how this project interfaces with its neighbors. This coordination will be important as exciting projects move forward at the Rose Bowl site, and at Cupertino Square.

The next community meeting will be on April 23 at City Hall Room #100.

Rose Bowl and New Cupertino Square Retail Projects Proceed
rosebowl Rendering of the Rose bowl Site as seen from Vallco Parkway

On March 4, the Cupertino City Council gave two long-awaited retail projects at Wolfe Road and Vallco Parkway a green light to proceed. At the Rose Bowl, Evershine’s plans include 204 residential units, and 120,000 sf of retail. At Cupertino Square, over 43,000 sf of new ground floor retail will wrap the J.C. Penney’s garage.

Completed Plans for both projects are anticipated by end of the year.

rosebowl Rendering of the JC Penny as seen from Vallco Parkway
Grand Openings Transactions
  • For dine-in or take out, Simply Thai at The Oaks offers 70 menu items from Satay to Golden Tofu to a variety noodle soups and curry dishes.
  • The latest location for Pizza My Heart at the Cupertino Crossroads serves up fun and food in equal parts. The surfing theme carries over to the pizzas with names like “The Big Sur” (with 40 cloves of garlic!)
  • Curry House opened their doors on January 28 on De Anza Boulevard at Civic Park. This is the 10th addition to the popular Southern California chain that specializes in Japanese-style curry and spaghetti.
  • I.S. Stew House, a unit of the Won Stew House chain, opened on Torre Avenue and Town Center Lane. The Chinese restaurant features Taiwanese specialties and all-day lunch boxes.
  • Gumba’s at Stanley Square has new owners. The Culinary School grads have upgraded the décor and the traditional Italian menu.
  • House of Sichuan on Stevens Creek and Blaney has been rebranded to iRestaurant. The new décor will feature tanks with live fish.
  • The successful Kumud Groceries has expanded their space at the Allario Center into the former Wiffle Tree space.
  • Also opening at Allario Center on De Anza Boulevard is the Regus Cupertino Business Lounge -- an all-new concept that combines the best resources of a business center with the relaxing environment of a coffeehouse.
  • Beauty Island Day Spa at 20311 Stevens Creek Boulevard offers skin care, and a body slimming sauna and spa.
  • AAA Vaccum & Sewing has new ownership at 19070 Stevens Creek Boulevard.
  • Ritz Camera will be relocating its store on De Anza Boulevard to the Cupertino Crossroad on Stevens Creek Boulevard. Kudos to Sean O’Carroll of Cornish and Carey.
  • Amici’s east coast pizzeria is coming to Civic Park – credit goes to Predium brokers Eric Rafia and Roger Oser as well as landlord Tenny Tsai.
  • Tartini Frozen Yogurt is planning for an April opening next to Le Boulanger at Montebello in the Cupertino City Center. Tartini is the first wave of the new frozen yogurt craze to hit Cupertino, and will feature an exciting create-your-own experience. Nick Goddard from Colliers inked the deal.
  • Also locating at Cupertino City Center is Asante Real Estate.
  • Max Muscle and Alexa Eyewear will fill the ground floor retail space at the new Adobe Terrace mixed-use project on Stevens Creek Boulevard. Hans Heller of Grubb and Ellis represented the landlord on both deals. Mike Lassalle from Meacham Oppenheimer represented Max Muscle – a specialty store for the fitness crowd selling apparel and supplements.
  • Coming soon to Cupertino Square: hot retailer Steve & Barry’s featuring clothing and shoe lines from Sarah Jessica Parker and Stephon Marbury, and Munich’s beloved beer hall, Hoffbrau House complete with arched ceilings, outdoor seating, and trademark sausage and pretzels.
  • More Links:
  • City of Cupertino
  • Cupertino Chamber of Commerce
  • Silicon Valley Prospector
  • Development Activity Report
  • NOVA
  • Cupertino Businesses In the News
    Verigy
  • Software maker SugarCRM has plans to double the size their company this year. With new funding of $46 million, the company is poised to go public in the next year. (Source: San Jose Business Journal)
  • Down the road, Cupertino’s ArcSight announced their plans for an IPO in January. The projected $50+ million in new funds has been slated for working capital and potential acquisitions.
  • Educational game and toy store, The Learning Game, located at the Cupertino Crossroads, was honored at the 2008 STAR Awards on March 15 th. This parent-friendly store also caters to teachers and features over 7,000 educational books.
  • Apple has announced the release of a developer’s kit that will results in new applications for the iPhone ranging from games, to better synergy with corporate e-mail programs. Consumers are also applauding new memory expansion for iPhone and iPod touch devices.
  • Learning Game shelves are stocked with educational toys
    for kids of all ages.
    Upcoming Events

    Cherry Blossom Festival – April 26-27, 10:00 a.m. to 5:00 p.m. at Memorial Park. In addition to great food and arts and crafts, see cultural performances including hula dancing on Saturday, and a Sumo Demonstration on Sunday.

    Summer Concert Series – Free concerts at the Memorial Park amphitheater begin June 5th and continue every Thursday evening through July 10th from 6:30 to 8:00 p.m. Every week features a different genre from classical, to Zydeco, to world jazz.

    Cherry Blossom
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    © 2008 City of Cupertino