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Who Killed the Building? · Case brief · October 22, 2026

Vallco Town Center / The Rise

Cupertino · Santa Clara County · California · https://whokilledthebuilding.com/projects/cupertino-vallco-2015

A 50-acre mixed-use redevelopment of the former Vallco Fashion Park in Cupertino, directly adjacent to Apple Park. Sand Hill Property Company purchased the failing mall in 2014 for $116 million and has proposed five successive plans spanning nearly a decade. The current approved plan, "The Rise," includes 2,669 apartment and condo units, 356 of them deed-restricted affordable (232 in a first building with Eden Housing), about 1.475 million square feet of office space, about 226,600 square feet of retail, and 7+ acres of public park space. The project has navigated two failed ballot measures (Measure C and Measure D, 2016), a successful referendum petition that forced the city to repeal its 2018 Specific Plan, two lawsuits, and multiple rounds of modification. The mall was fully demolished by 2019. The original 2018 SB 35 approval required 1,201 affordable units (50 percent of 2,402), and the 2024 plan had 890. A November 2025 modification cut the number to 356 under new provisions of state law that let SB 35 projects of more than 500 units submitted before January 1, 2019 provide 20 percent affordable units instead of 50 percent. The city approved that modification on February 27, 2026, and on August 24, 2026 approved changes to Blocks 1 and 2 requested by Black Pine, LLC c/o Hines Construction. SV@Home reported in February 2026 that a construction permit application had been submitted for the 232-unit affordable building, which it said could begin construction before the end of 2026.

Project facts

JurisdictionCupertino, Santa Clara County
StatusApproved
Project typeMixed-Use
AddressWolfe Road & Stevens Creek Boulevard, Cupertino, CA 95014
Units proposed2,669
Affordable units356
Date filedAugust 1, 2015
Date approvedFebruary 16, 2024
Delay126 months
Housing elementIn compliance (HCD)

Mechanism and what it did

Decision-making bodies

Staff · Judge Helen Williams

Timeline

DateEventWhat the record shows
November 1, 2014Sand Hill Purchases Vallco MallSand Hill Property Company purchases the remaining 600,000 sq ft of interior retail space at Vallco Fashion Park for $116 million. The mall has been declining for years as anchor tenants depart. Sand Hill begins planning for comprehensive redevelopment. The Ivy Group: https://www.ivycommercial.com/7878/
January 1, 2015Macy's Announces Closure at VallcoMacy's announces it will close 14 stores including its Vallco location, accelerating the mall's decline and increasing pressure to redevelop the site. The Ivy Group: https://www.ivycommercial.com/7878/
August 1, 2015"The Hills at Vallco" AnnouncedSand Hill Property announces "The Hills at Vallco," a $3 billion redevelopment designed by architect Rafael Viñoly featuring the world's largest green roof — a 30-acre elevated park rolling over retail, office, residential, and hotel uses. The Ivy Group: https://www.ivycommercial.com/7878/
November 8, 2016Both Measure C and Measure D Fail at the BallotCupertino voters reject two opposing ballot measures on Vallco. Measure C (backed by Better Cupertino, proponent Steven Scharf) would have limited Vallco strictly to retail and required voter approval for major changes. Measure D (Sand Hill's initiative) would have authorized The Hills at Vallco plan. Both fail, leaving the site in regulatory limbo with no approved path forward. Ballotpedia: https://ballotpedia.org/Cupertino,_California,_Vallco_Town_Center_Development,_Measure_D_(November_2016)
June 1, 2018Friends of Better Cupertino Files First LawsuitFriends of Better Cupertino files the first lawsuit against the Vallco project, challenging the legal basis for the development. The Ivy Group: https://www.ivycommercial.com/7878/
September 1, 2018City Council Approves Specific Plan After 14-Hour HearingAfter two days of hearings totaling 14 hours, the Cupertino City Council approves a Specific Plan for the Vallco Town Center site, allowing for approximately 2,900 housing units with offices and retail. Better Cupertino immediately signals plans for a referendum. CBS Bay Area: https://www.cbsnews.com/sanfrancisco/news/vallco-cupertino-redevelopment-opponents-referendum-enough-signatures
October 1, 2018Demolition Begins; Sand Hill Invokes SB 35Sand Hill begins demolition of the Vallco mall. State Senator Scott Wiener speaks at a demolition event. Sand Hill simultaneously announces it will also pursue approval under SB 35 as a parallel track that cannot be blocked by referendum. NBC Bay Area: https://www.nbcbayarea.com/news/local/cupertinos-plan-for-vallco-mall-tossed-after-residents-rally-opposition/64096/
October 30, 2018Referendum Signatures Submitted (4,300+)Friends of Better Cupertino submits 4,300+ signatures to challenge the Specific Plan approval by referendum. Sand Hill announces it will abandon the Community Plan entirely and proceed only with its SB 35 project: "Our patience has finally run out." Sand Hill blog: https://medium.com/@revitalizvallco/here-we-go-again-obstructionists-submit-referendum-signatures-b266f009306a
November 1, 2018Sand Hill Abandons Community Plan, Commits to SB 35 PathSand Hill publicly announces it is abandoning the Specific Plan and will proceed exclusively with its SB 35 project (2,402 units, 50% affordable — 1,201 units). The SB 35 project is not subject to referendum under California law and has already been approved ministerially. NBC Bay Area: https://www.nbcbayarea.com/news/local/cupertinos-plan-for-vallco-mall-tossed-after-residents-rally-opposition/64096/
May 7, 2019City Council Repeals Specific PlanThe Cupertino City Council adopts resolutions to repeal its former actions approving the Vallco Town Center Specific Plan — a concession to the referendum petition. The SB 35 project continues on its separate track. City of Cupertino: https://www.cupertino.org/our-city/departments/community-development/planning/major-projects/vallco/-selectview-1
October 1, 2019Sand Hill Files Second Lawsuit Against CupertinoSand Hill files a second lawsuit challenging the city's decision to allow housing on only 13.1 acres of the 51-acre Vallco site and to restrict additional office space that Sand Hill needed to offset housing construction costs. The Ivy Group: https://www.ivycommercial.com/7878/
December 1, 2019Vallco Mall Fully DemolishedDemolition of the Vallco mall is completed. The 50-acre site is now an empty lot. Contaminated soil remediation begins in subsequent years. SF YIMBY: https://sfyimby.com/2024/02/city-approves-the-rise-in-cupertino.html
May 1, 2020Court Rules Against Friends of Better CupertinoSanta Clara Superior Court Judge Helen Williams rules against Friends of Better Cupertino, upholding the SB 35 approval and clearing the way for the Vallco Town Center project to proceed. The Ivy Group: https://www.ivycommercial.com/7878/
March 1, 2022"The Rise" Rebrand RevealedSand Hill reveals "The Rise," a redesigned and rebranded version of the Vallco project by architect Kohn Pedersen Fox. The new design abandons earlier tower concepts in favor of a lower-scale urban village format with housing, offices, retail, and 7+ acres of public park space. The Ivy Group: https://www.ivycommercial.com/7878/
January 1, 2023Civil Grand Jury Report Criticizes Better Cupertino FactionA Santa Clara County civil grand jury report finds that the Better Cupertino faction caused "constant turnover at the highest levels of city staff, violation of city codes, failure to manage financial and fiscal risks, creation of a deep culture of distrust and fear." Four city manager turnovers in four years are attributed partly to councilmanic behavior by Darcy Paul and Kitty Moore. Mercury News: https://www.pressreader.com/usa/the-mercury-news-weekend/20230106/281711208741354
December 1, 2023Sand Hill Submits Major DownsizingSand Hill submits a major modification to The Rise due to high interest rates and rising construction costs. Office space is cut significantly. The project is resubmitted under SB 35, leaving the city with limited ability to object. San Jose Spotlight: https://sanjosespotlight.com/vallco-mall-developer-proposing-major-downsizing-of-cupertino-project/
February 16, 2024City Approves The Rise (2,669 Units)The City of Cupertino approves The Rise — the largest single housing project in Cupertino's history — 2,669 apartments and homes with 890 affordable units, 1.95M sq ft of office/lab, 226K sq ft of retail, and 7+ acres of public park. Equity partner: Abu Dhabi Investment Authority. Local News Matters: https://localnewsmatters.org/2024/02/20/cupertino-approves-housing-devt-at-former-vallco-mall-after-facing-cutbacks-and-delays/
November 26, 2025Sand Hill Submits Revised Plan: Affordable Units Cut to 356Sand Hill submits revised plans the day before Thanksgiving (Mayor Liang Chao criticized the timing). The revised plan cuts affordable units from 890 to 356 — a 60% reduction — to maintain financial feasibility. Total unit count remains 2,669. Original SB 35 plan required 1,201 affordable units; the decade of delay has cost 845 affordable homes. San Jose Spotlight: https://sanjosespotlight.com/cupertino-vallco-development-reduces-its-affordable-housing/
November 26, 2025Developer Expects Vertical Construction in 2026Sand Hill tells the city it expects vertical construction to begin in 2026, starting with Town Square West, about 1,369 homes. Crews have already done demolition, grading and other horizontal work, and first residents could move in as early as 2028. Hoodline: https://hoodline.com/2025/11/after-years-of-vallco-fights-cupertino-s-giant-rise-project-finally-heads-vertical-in-2026/
February 1, 2026Construction Permit Submitted for First Affordable BuildingA construction permit application is submitted for the first residential building at The Rise — a 100% deed-restricted affordable housing project of 232 units developed with Eden Housing. The initial phase will include 1,369 total homes along Stevens Creek Boulevard. SV@Home: https://siliconvalleyathome.org/affordable-housing-moves-forward-in-cupertino-at-the-rise/
February 27, 2026City Approves Third ModificationThe city approves the modification Sand Hill filed in November 2025: 2,669 homes, 356 of them affordable, about 1.475 million square feet of office space and about 226,600 square feet of retail. City of Cupertino: https://www.cupertino.gov/Your-City/Departments/Community-Development/Planning/Major-Projects/The-Rise-Vallco-SB35-Application
August 24, 2026City Approves Changes to First Two BlocksThe city approves a partial plan modification for Blocks 1 and 2 requested by Black Pine, LLC c/o Hines Construction, covering exterior architecture, building form, loading areas and residential parking. City of Cupertino: https://www.cupertino.gov/Your-City/Departments/Community-Development/Planning/Major-Projects/The-Rise-Vallco-SB35-Application

Decisions

DateBodyActionVoteStaff rec.Source
September 21, 2018Staffapproved
Original SB 35 approval of the Vallco Town Center application (2,402 units).
—NoneCity of Cupertino: https://www.cupertino.gov/Your-City/Departments/Community-Development/Planning/Major-Projects/The-Rise-Vallco-SB35-Application
February 16, 2024Staffapproved
Approved the second modification: 2,669 units, 890 affordable.
—NoneCity of Cupertino: https://www.cupertino.gov/Your-City/Departments/Community-Development/Planning/Major-Projects/The-Rise-Vallco-SB35-Application
February 27, 2026Staffapproved
Approved the third modification: 2,669 units, 356 affordable.
—NoneCity of Cupertino: https://www.cupertino.gov/Your-City/Departments/Community-Development/Planning/Major-Projects/The-Rise-Vallco-SB35-Application
August 24, 2026Staffapproved
Approved a partial plan modification for Blocks 1 and 2 (DIR-2026-003).
—NoneCity of Cupertino: https://www.cupertino.gov/Your-City/Departments/Community-Development/Planning/Major-Projects/The-Rise-Vallco-SB35-Application

Sources

  1. Senator Wiener Statement on Referendum Signatures, California State Senate District 11 (Scott Wiener) (Senator Scott Wiener), October 30, 2018 [Planning Document]. https://sd11.senate.ca.gov/node/605 Primary source for Wiener's "freeze Cupertino in amber" quote.
  2. Here We Go Again: Obstructionists Submit Referendum Signatures, Revitalize Vallco (Sand Hill blog) (Reed Moulds), October 31, 2018 [News Article]. https://medium.com/@revitalizvallco/here-we-go-again-obstructionists-submit-referendum-signatures-b266f009306a Developer's own public statement at time of referendum submission. Contains the "patience has run out" quote.
  3. Cupertino's Plan for Vallco Mall Tossed After Residents Rally Opposition, NBC Bay Area, November 1, 2018 [News Article]. https://www.nbcbayarea.com/news/local/cupertinos-plan-for-vallco-mall-tossed-after-residents-rally-opposition/64096/ Best day-of coverage of the referendum submission and Sand Hill's decision to abandon Community Plan for SB 35. Contains Reed Moulds quote.
  4. How Did Cupertino's Vallco Mall Become "The Rise"?, The Ivy Group, April 20, 2022 [News Article]. https://www.ivycommercial.com/7878/ Chronological history from 2014 through 2022. Best single source for complete pre-2022 timeline.
  5. Better Cupertino Councilmembers Nailed in Grand Jury Report, Mercury News, January 6, 2023 [News Article]. https://www.pressreader.com/usa/the-mercury-news-weekend/20230106/281711208741354 Coverage of Santa Clara County Civil Grand Jury report. Confirms four city managers in four years; culture of distrust. Documents institutional damage caused by Better Cupertino faction.
  6. Cupertino Approves Housing Dev't at Former Vallco Mall After Facing Cutbacks and Delays, Local News Matters, February 20, 2024 [News Article]. https://localnewsmatters.org/2024/02/20/cupertino-approves-housing-devt-at-former-vallco-mall-after-facing-cutbacks-and-delays/ Coverage of February 19, 2024 city approval. Confirms 2,669 units, 7+ acres of park, 230K sq ft retail.
  7. After Years of Vallco Fights, Cupertino's Giant Rise Project Finally Heads Vertical in 2026, Hoodline, November 28, 2025 [News Article]. https://hoodline.com/2025/11/after-years-of-vallco-fights-cupertino-s-giant-rise-project-finally-heads-vertical-in-2026/ Construction schedule confirmation. Contains full current project specs: 2,669 homes, 1.95M sq ft office, 226K sq ft retail, 9,570 parking spaces.
  8. Cupertino Vallco Development Reduces Its Affordable Housing, San Jose Spotlight, December 10, 2025 [News Article]. https://sanjosespotlight.com/cupertino-vallco-development-reduces-its-affordable-housing/ Most recent (Dec 2025) detailed coverage. Confirms Sand Hill cut affordable units from 890 to 356; confirms 2026 construction start plan; contains Mayor Liang Chao's Thanksgiving criticism.
  9. Affordable Housing Moves Forward in Cupertino at "The Rise", SV@Home, February 26, 2026 [News Article]. https://siliconvalleyathome.org/affordable-housing-moves-forward-in-cupertino-at-the-rise/ February 2026 update. Confirms construction permit submitted for first building (232 affordable units with Eden Housing).
  10. The Rise (Vallco) SB 35 Application, City of Cupertino [Planning Document]. https://www.cupertino.gov/Your-City/Departments/Community-Development/Planning/Major-Projects/The-Rise-Vallco-SB35-Application
  11. History of Vallco — Cupertino for All, Cupertino for All [Other]. https://www.cupertinoforall.org/whats-going-on-with-vallco Most complete single public narrative of the Vallco history through 2022. Pro-housing perspective but factually detailed. Best source for 2014-2020 timeline and ballot measure context.
  12. The Rise (Formerly Vallco) — City of Cupertino Project Page, City of Cupertino [Planning Document]. https://www.cupertino.org/our-city/departments/community-development/planning/major-projects/vallco/-selectview-1 Official city project page. Lists all related projects since 2015 with links to SB 35, Specific Plan, referendum, and all modifications.

Data quality

Rating 3 of 5. Multiple sources, including at least one primary record. Corrections: https://whokilledthebuilding.com/corrections.