Silicon Valley Sheds Suburban Past for Urban Future

In addition to denser housing projects, a series of underutilized retail and office projects are planned to be repositioned as either housing-only developments or mixed-use centers with housing, says Garber in this EXCLUSIVE.

Miles Garber

SAN JOSE—While new housing production in the Silicon Valley has historically been geared towards single-family homes and townhomes, denser product came to the market in 2018. For example, Sares Regis’ 1101 West in Mountain View and The Ashton in Belmont, 777 Walnut by Landmark in San Carlos and SiliconSage’s The Almaden in Willow Glen. In addition, Genzon’s Kylli announced plans to build up to 6,000 units in a series of towers perhaps 35 stories high near Santa Clara’s 49ers stadium.

Simultaneously, a series of underutilized retail and office projects are planned to be repositioned as either housing-only developments or mixed-use centers with new housing. For example, Daly City’s Westlake Shopping Center, San Mateo’s 2 Waters Park and Cupertino’s Vallco Center.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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