Development activity in Cupertino

The list of school affected by latest development activity in Cupertino

• Vallco Fashion Park condominiums: Wolfe Road between Stevens Creek Blvd. and I-280, 204 condos (Collins, Lawson, Cupertino)
• Toll Brothers condos: North side of Stevens Creek Blvd. between Finch Ave. and Tantau Ave, 380 units (Eisenhower, Hyde, Cupertino)
• Adobe Terrace condominiums by Pinn Brothers: 20128 Stevens Creek Blvd, 23 condos: schools (Eaton, Lawson, Cupertino)
• Wolf Camera condos: 1375 S. De Anza Blvd, 6 condos, (Regnart, Kennedy, Monta Vista)
• Oak Village (Former Santa Barbara Grill) condominiums by Pinn Brothers: 10745 N. De Anza Blvd, 46 condos, (Garden Gate, Lawson, Monta Vista)
• Metropolitan condominiums by Menlo Equities: 19503 Stevens Creek Blvd, 107 condos, (Eisenhower, Hyde, Cupertino)
• Sterling Square townhouses by Taylor Woodrow Homes: 10555 South DeAnza Blvd, 51 townhouses, (Eaton, Lawson, Cupertino)
• Villagio condos by Silverstone Communities: 20500 Town Center Ln, 68 condos and 12 townhouses, (Eaton, Lawson, Cupertino)
• Acacia Street Single Family Homes; Homestead Rd + Maxine Ave, 6 units, (West Valley, Cupertino, Homestead)
• Murano homes, 7310 & 7308 Rainbow Dr, 55 single family, (Regnart, Kennedy, Monta Vista)
• Rockwell Homes, east side of Stevens Canyon between St. Andrews Avenue and Riverside Drive, 15 townhomes
  

Elections and real estate

In case of disapproval of the following Local Measures on Cupertino election on November 7, 2006, the mentioned in the last post Montebello condos may become the last condos build in the area surrounding Vallco shopping center:

• Shall Ordinance No. 1977, an Ordinance of the City Council of the City of Cupertino rezoning a 32.58 gross acre parcel from Planned Industrial Zone, P(MP), to Planned Residential and Commercial, P(Res, Com), and Public Park, PR, located at north of Stevens Creek Boulevard and south of I-280 between Tantau Avenue and Finch Avenue (Toll Brothers), be approved?
• Shall Ordinance No. 1975, an Ordinance of the City Council of the City of Cupertino re-zoning a 5.19 acre parcel from Planned Development (Regional Shopping) to Planned Development (Regional Shopping/Residential) at 10123 N. Wolfe Road (Vallco), be approved?

The ordinances currently allow for mixed-use residential developments at two sites in northwest Cupertino. The Vallco Fashion Park development, ordinance 1975, would include 137 condominiums on Wolfe Road. The project at Finch Avenue and Stevens Creek Boulevard, ordinance 1977, would allow for 380 units, 80 of them for seniors.

Metropolitan Cupertino

Last month the commercial real estate company Menlo Equities started to sell condos in Metropolitan condominium on 19503 Stevens Creek Boulevard in Cupertino. Today, despite the first fall rain in Bay Area, there were plenty of cars parked in front of sales office. The Metropolitan Cupertino conveniently located within walking distance to Vallco Fashion Park and almost completed Cupertino AMC Theaters. The 7.74 acre parcel includes two existing commercial buildings. The condominium includes two mixed-use buildings with 6,386 SF of retail space and 107 residential units. The parking is located below building. Amenities include a small pool (5ft deep) and children's play areas.

The condos priced as following one bedroom from $500K, two bedrooms from $600K and three bedrooms from $700K. The HOA (Homeowners Association Fees) set as $320-$350 per month. I would expect that HOA would cover hot water, but every condo has own water heater, so add a little bit to homeowner expenses.

As you see from the picture above there is the huge parking lot on the east side of complex. The Vallco shopping center has the plan to build instead the six level parking structure with 1154 stall and some retail building, but no building permits were issued yet. In April of 2006 Apple company announced that iPhone inventor bought 50 acres parcel in Cupertino using third party real estate agent and will build new offices for as many as 3,500 employees, look at the possible traffic issues for condo owners.

According to Cupertino Union School District and Fremont Union High School District the home address of Metropolitan Cupertino assigned to the following schools: Sedgwick Elementary school (API 876), Hyde middle school (API 828) and Cupertino high school (API 834).