REPORT TO PLANNING COMMISSION
SUBJECT
Title
Second Amendment to Development Agreement between the City of Santa Clara and SI 55, LLC
Report
BACKGROUND
In 2008 the City Council approved a rezoning of the subject property on Lawson Lane from Light Industrial (ML) to Planned Development (PD) to allow Sobrato Development Companies No.70 to construct a corporate campus consisting of up to 516,000 square feet of office space in three buildings; an 8,000 square foot amenity building; two parking structures and surface parking lots providing a combined total of 1,720 spaces; and site improvements.
The project included an approved Development Agreement (DA) between the City and Sobrato Development Companies to secure phased development of the project over a 10-year term with the vested right to develop in accordance with the permitted uses and intensity of development set forth in the approved PD. An Environmental Impact Report (EIR) was prepared and circulated in accordance with the California Environmental Quality Act (CEQA). The City Council certified the Final EIR and approved the project at a public noticed meeting in April 2008.
Phase 1 construction of 306,900 square feet of office space in two office buildings, a parking structure and commons buildings on the east side of Lawson Lane (East Campus) began in 2008 and was halted for a period of time due to the downturn in the economy. Construction was reinitiated in 2011 and completed in 2013, with subsequent occupancy by the Service Now company in 2016.
In May 2012, Sobrato Development Companies No. 70 / SI 55, LLC filed an application to amend the PD zoning and DA to modify the site design and intensity of the previously approved corporate campus project Phase 2. The application included the addition of 97,800 square feet of office space (increasing building area from to 209,100 square feet to 306,900 square feet in two buildings); the addition of a 17,158 square foot commons building; and the addition of ...
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