By Robert Haugh

The Santa Clara City Council approved Kylli’s mega development on the nine-parcel 46-acre former Yahoo! site near Levi’s Stadium and City Place.

In 2018, it was originally proposed as a 10.5 million square feet project on 46 acres that Suds Jain called a “Hong Kong” style development.  That was two years before Jain was elected to the City Council.

Jain joined a unanimous Council to approve a much smaller development called Mission Point.

Here are the project details:

• 2,600 residential units,
• up to 2.2 million square feet of office/research-and-development (R&D),
• up to 100,000 square feet of commercial retail,
• approximately 10,000 square feet of childcare facilities, and
• an 18,000-square-foot electrical substation may also be constructed on-site.

Kylli also committed to the following Community Benefits as part of the Development Agreement:

• Affordable Housing: 15% of the units at a maximum average AMI level of 80% rather than the required 100% as provided under the City’s Affordable Housing Ordinance.

• Grocery Store: Minimum 10,000 SF Grocery Store   

• Childcare Center: Minimum 8,000 SF Childcare Center

• Public Park Maintenance: Project will maintain public parks and trails within the Project for a minimum of 40 years.

• Park Improvements: Minimum 1.5 acres of parkland including play areas for children ages 2-5 and 5-12. 

• Arts and Cultural Programming: Public Art with an aggregate value of $5 million.

• Regional Traffic Fees: Up to $3 million toward traffic intersection improvements.

• Fire Station Equipment Costs: $3.5 million in funding for the purchase of a tractor-drawn aerial apparatus and fire engine.

• Sales and Use Tax: Developer will also ensure that all contractors and subcontractors establish a job-site sub-permit for sale and use tax collection from the Project.

The City Council accepted the Staff’s recommendation for Option B which increased housing, including affordable housing units and reduced commercial space.