Cupertino $24.4M Site Sale Tees Up 59 Townhomes
What Is Planned for the Cupertino Townhome Site? Plans call for 59 townhome-style condominium units on an almost three-acre site along Stevens Creek Boulevard in Cupertino. The project would replace three underused commercial buildings with a three- and four-story homeownership development. The proposal would redevelop a long-vacant retail parcel that formerly housed Fontana’s Italian Restaurant, Pizza Hut, and a Staples store. Project Scope City-approved plans describe eight buildings and unit sizes of roughly 1,800 to 2,700 square feet. The development would also include two-car garages and a public plaza. Twelve homes are set aside as below-market-rate units. Reporting indicates those units would be split between median-income and moderate-income households. The site sits near the former Vallco Town Center and the planned The Rise redevelopment. Similar large-scale housing efforts elsewhere, including Orlando’s 14-story tower proposal near Lake Ivanhoe, reflect continued redevelop...