SUNNYVALE — Ulta Beauty is the latest high-profile retailer to become a tenant in CityLine Sunnyvale, a downtown mixed-use complex that has become a fledgling success story in Silicon Valley. Just click on the button below to browse our interactive site plan! place as construction continues on the foundation and infrastructure. A Whole Foods grocery store that would total 50,000 square feet and a 12-screen AMC Sunnyvale 12 are the primary CityLine anchors. In July 2017, STC Venture LLC announced a new name for the project: CityLine Sunnyvale. Mathilda/Washington Ave. intersection, including removal of existing wheelchair accesible ramps and placement of new … [Read more], Cityline Sunnyvale Project Development Info, Anticipated infrastructure improvements will occur at the following locations through 5/2//2018, Infrastructure improvements occurring through 4/25/2018, Last Minute Update for Saturday 3/31 Work. STC Venture, LLC took over construction of the project in October 2016. Prefer to explore availabilities by location? The approval also gives the developer the option to sell or rent the residential units, with an agreement to provide below market rate units within the project. A vibrant mixed-use development is planned for Block 3 and Block 6. For complete plans for the grocery and theater see Details tab. Ulta Beauty is the latest high-profile retailer to become a tenant in CityLine Sunnyvale, a downtown Sunnyvale mixed-use complex that has become a fledgling success story in Silicon Valley. Hunter/Storm Commercial Developer Public Plaza next to residences, AMC Theaters, and Whole Foods Market in downtown Sunnyvale's CityLine mixed-use development, concept. The Town Center’s owner and developer, STC Venture, LLC, is a joint venture formed by J.P. Morgan Asset Management, Hunter Properties, Inc. and Sares Regis Group of Northern California. “It’s exciting to see the neighborhood begin to take shape and become a reality.”, Get Morning Report and other email newsletters. The amended development agreement (2016 Modified and Restated Amended Disposition and Development and Owner Participation Agreement) is between the City Council, acting as the Successor Agency for the Sunnyvale Redevelopment Agency, and STC Venture LLC, and includes the following revisions: The amended development agreement required approval from the California Department of Finance, the City Council (acting as the Successor Agency to the former Sunnyvale Redevelopment Agency) and the Oversight Board for the Successor Agency, which represents the various taxing agencies that receive property tax revenues from the Town Center property (e.g. View on Facebook. Sorry, your blog cannot share posts by email. Get Morning Report and other email newsletters. This includes a deep lift of the asphalt of Mathilda north bound lanes. “We’re thrilled to move onto this next phase of transformation for downtown Sunnyvale,” said David Hopkins, chief operating officer with Sares Regis Group of Northern California. “This approval creates the opportunity to build upon this neighborhood and create a downtown that future generations will be able to enjoy,” Hopkins said. Work to include the following: I just met Brian over a phone conversation and he was very helpful. This cleared the way for the previous owner, Wells Fargo Bank, to sell the property to a new developer. Work to be performed Saturday, 4/21/2018: Residences, Whole Foods Market, and AMC Theaters border a public plaza in CityLine Sunnyvale, a downtown San Jose mixed-use complex, concept. Cityline Sunnyvale Project Project Updates Project Details Phase 1 – Under Construction Phase One of construction is currently underway on this 36-acre, mixed-use project. This work includes the following: While updated approvals do not change the amount of retail, office and residential uses that were approved in 2007, significant amendments were enacted that will enhance the overall site and ensure the project will meet current standards that were not in place when the original project was approved. She added, “It is going to be great to see how downtown Sunnyvale develops.”. Residences and offices border a street in CityLine Sunnyvale, a mixed-use office, housing, and retail complex in downtown Sunnyvale, concept. Mathilda/ “Downtown serves as the focal point for the City of Sunnyvale,” Hunter said.