This report summarizes VTA's review of real estate development projects throughout Santa Clara County, from Morgan Hill to Palo Alto to Milpitas and everywhere in between. Read more about the report on our website at http://bit.ly/1z2aLH2.

1. 0
Presentation Outline
I. Background
II. Data Snapshot
a. Development Review Activity for 2014
b. Select Projects Under Construction or
Completed in 2014
II. Key Themes for 2014
http://www.skyscrapercity.com/showthread.php?t=1386038&page=294
http://www.hok.com/design/type/commercial/the-
central-wolfe-campus
http://www.irvinecompany.com

2. 1
Background
VTA reviews, analyzes, and tracks land use developments within and
near Santa Clara County to improve land use/transportation
coordination, promote alternative travel modes, and encourage a
balanced approach to addressing congestion.
• Development Review Program – Comment on development and plan
applications, track and report project approvals.
• Major Development Construction – Track significant development projects.
• Congestion Management Program (CMP) Monitoring and Conformance
Report – Track and manage land use approval data submitted by Member
Agencies.

3. 2
Development Review Activity for 2014
Map shows all projects and plans for which either: 1) VTA submitted a comment
letter during 2014, and/or 2) the project/plan was approved during 2014.

4. 3
Select Projects Under Construction or Completed in 2014
Map shows major projects (greater than 100 units residential or 50,000 sq. ft. non-
residential) known to VTA staff to be under construction or completed in 2014.

5. 4
Key Themes of 2014 Annual Report
1. Multifamily Residential Near the Core Transit Network
2. North San José Blossoming
3. Major Employment Projects, But Not Necessarily Near Transit
4. South County Resurgence
5. Renewed Interest in VTA Engagement

6. 5
Multifamily Residential Near Transit
Sherwood Gateway, Los Altos
• 167 apartments, 38 townhomes and
12,000 sq. ft. retail, under construction.
• Located on El Camino Real near future
BRT station and San Antonio Center.
• Entire apartment building pre-leased by
Stanford University.1
Monticello Village, Santa Clara
• 835 residential units, 44,000 sq. ft. retail,
under construction.
• Less than 600 ft. from Lawrence Caltrain
Station.
1 Silicon Valley Business Journal, January 22, 2015http://www.santaclaraca.gov
http://www.srgnc.com/case-study/colonnade-los-altos/

7. 6
Multifamily Residential Near Transit
Downtown San José
• At least 3,030 res. units and 72,000 s.f.
ground floor retail under construction or in
City review.2
• Critical mass of residential and retail
forming around San Pedro Square.
Milpitas Transit Area Specific Plan
• Entitled projects totaling 3,074 res. units
and105,000 s.f. retail within walking
distance of Light Rail and future BART
service.3
• City working with developers ensure
planned densities support transit ridership.
2 San Jose Downtown Association, December 12, 2014
3 Transit Area Specific Plan Fee Amendment, City Council Staff Report, March 4, 2014
http://www.bizjournals.com, courtesy of
C2K Architecture
http://www.skyscrapercity.com/sh
owthread.php?t=1661388
City of Milpitas Transit Area Specific Plan Document

8. 7
North San José Blossoming
Over 5,000 residential units under
construction or recently completed in area.
Crescent Park Village, Pictured:
1,700 units & retail, completed 2014.
Samsung North American Headquarters:
680,000 square feet, under construction.
Brokaw Office Development:
2.025 million square feet, approved.
Photo by VTA Staff http://www.skyscrapercity.com/showthread.php?p=120831859
http://www.socketsite.com/archives/2014/03/massive_31acre_tech_campus
_in_san_jose_approved_but_for.html

9. 8
Major Employment Projects
Some near frequent transit service… … Others not.
Moffett Place, Sunnyvale: 1.8 million s.f.
office/R&D, under construction
Santana Row Lot 11, San José: 232,000 s.f.
office, under construction
Santa Clara Square: 1.1 million s.f. office, 125k
retail under construction; residential proposed
Apple Campus 2, Cupertino: 3.4 million s.f.
office/R&D, under construction
http://www.jaypaul.com http://www.irvinecompany.com
http://www.wrnsstudio.com/project/santana-row-lot-11-office-building http://en.wikipedia.org/wiki/Apple_Campus

10. 9
South County Resurgence
Hecker Pass Residential, Gilroy:
521 single family homes, under construction.
Madrone Plaza, Morgan Hill:
115 townhomes, under construction.
San Ysidro Court, Gilroy:
263 multifamily units, approved.
http://www.meritagehomes.com
http://nhsnow.org/morgan-hill/
http://www.gilroydispatch.com

11. 10
Renewed Interest in VTA Engagement
The District at Milpitas
Upholding the shared land use vision of the
Transit Area Specific Plan (TASP)
Campbell Housing Element
City reached out to VTA and requested staff
presentation at Planning Commission
San José Urban Villages
VTA closely collaborating with City in
planning process of Urban Villages
City of Milpitas Planning Commission Staff Report,
November 24, 2014
City of Campbell Draft 2015-2023 Housing Element
San José City Council Study Session Presentation, November 2013

12. 11
Development Review Program Annual Report for 2014
Questions and Discussion