Santana Row Office Complex Breaks Ground

SAN JOSE, CA—Federal Realty Investment Trust has started construction on 500 Santana Row, a 232,000 square-foot LEED-Gold office building that will be part of the mixed-use community.

GlobeSt readers will be familiar with the broader Santana Row project, which has been covered here since its 2013 inception.

Groundbreaking ceremonies for the latest project were scheduled to take place today with San Jose mayor Chuck Reed and other officials expected to attend.

The six-story structure, featuring 39,000 square-foot floorplates and modern architecture, offers for the first time a large class A office building within the iconic Santana Row mixed-use community. 

"500 Santana Row's expansive floorplates, high ceilings, dedicated parking and the most amenity-rich location in Silicon Valley make it ideal for growing technology and professional service firms,” said Jan Sweetnam,  Federal Realty's Western region chief operating officer. "Competition for employees is more intense than ever, and companies of all sizes recognize that providing a work environment in a high-quality urban setting is one of the most effective recruiting and retention tools available. Moreover, we think employees will find that, once they're 'on campus' at Santana Row, there will be no need to leave and business partners will prefer to come to 500 Santana Row to meet. As a result, companies should be able to capture significant gains in productivity.”

Newmark Cornish & Carey is the leasing agent for the project.  It has been designed by WRNS Studio of San Francisco, and Devcon Construction is the general contractor.

GlobeSt readers will be familiar with the broader Santana Row project, which has been covered here since its 2013 inception.

With Santana Row's location directly off Interstate 280 and proximity to residential neighborhoods and office parks in Palo Alto, Mountain View, Sunnyvale, Cupertino, Santa Clara, and throughout Silicon Valley, access and transportation will be a significant advantage compared to the increasingly congested Highway 101 corridor.  A shuttle directly from the Diridon Station will provide quick access to Caltrain.  Six completely private bathrooms with showers are designed to make bicycle commuting easy and convenient.  The project will include a private, secure underground parking structure with over 700 spaces for tenants in 500 Santana Row.

In addition to 20 restaurants, Santana Row features a 30,000 square-foot premium fitness club, extensive conference facilities at the Hotel Valencia, and over 800 homes.