By Robert Haugh
The Silicon Valley Business Journal ran a cover story on the biggest development project in Santa Clara history. It’s The Related Companies’ mixed-use development on the golf course north of Levi’s Stadium.
It was a major multi-part story by Editor-in-Chief J. Jennings Moss and Commercial Real Estate Reporter Matthew Niksa. Kudos to them. We learned some interesting things.
Most importantly, the name has been changed from “City Place” to “Related Santa Clara.” We liked the original name, but the new one has a nice ring to it, especially the Santa Clara part.
There will be 6 million square feet of office space. According to the Business Journal, the Apple spaceship campus is less than 3 million square feet.
There will be over 3 million square feet of retail, restaurants, hotels and residential. Santana Row in San Jose only has about 2 million square feet.
As we reported before, world-renowned architect Sir Norman Foster will be the architect.
The project will generate an estimated $14 million annually for the City. Wow.
A major feature of the project will be a global food market. According to the Business Journal, “the market will feature between 40 and 45 individual food stalls, between six and eight smaller cafes, taverns and bistros, and a couple of two-floor restaurants.”
We hear a lot of complaints that Santa Clara does not have enough restaurants. After Related Santa Clara becomes our new uptown, we don’t think we’ll hear many complaints. The Related Companies has close relationships with some of the world’s best chefs and restaurateurs, according to the Business Journal.
We’re excited about this project getting off the ground. We should see some type of ribbon cutting next year, according to City Hall sources. We think most Santa Clarans will be excited, too. (Well, not everyone.)
And hats off to the Business Journal for some good reporting that had a lot of solid facts and new info about this project. (Unlike other reports we’ve seen).
This important development will help change the future of Santa Clara and the entire Silicon Valley.