Director's Report OFFICE OF COMMUI�ITY DEVELOPMENT
,•
,
CITY HALL
10300 TORRE AVENUE • CUPERTINO, CA 95014-3255
C U P E RT 1 N O (408) 777-3308 • FAX (408) 777-3333 • planning�a cuqertino.org
Subject: Report of the Community Devel �pment Director.�""
Planning Commission Agenda Date: Tues �ay, July 27, 2010
The City Council met on June 9, 2010 and discussed the following item(s) of interest to
the Planning Commission:
1. 2na Readin� of the rezonin� & prezonirig for 10642 N Portal Ave - City Council
conducted the second reading and ena�:ted the ordinance.
2. 2nd Readin� Amendin� Chapter 2.86: I�[ousin� Commission - City Council conducted
the second reading and enacted the orcLinance.
The City Council met on July 20, 2010 an�i discussed the following item(s) of interest to
the Planning Commission:
1. One-Year Extensions for Cupertino Vil �a�e entitlements - City Council approved the
one-year extensions as a consent item.
Miscellaneous Items:
1. Commission Presentations prior to the Au�ust 17, 2010 City Council meetin�
Please be prepared to share the following fr�m the perspective of your commission:
• What projects or responsibilities currer�tly being handled by other commissions, could your
commission contribute to?
• What projects or responsibilities currer�tly being handled by your commission, could other
commissions help?
Each commission should have a representa `ive speak for no more than five minutes on the
preceding questions. As a working meetin��, follow-up questions from other commissioners are
likely and encouraged.
2. Housin� Element Approved - The City received a letter from the State Department of
Housing and Community Developmerit, dated 6-24-2010, finding the Housing Element
in full compliance with the State housi�lg element law (see attached letter).
3. Green Building Ordinance Focus Grou p Meeting #2 - The second, and last, GBO Focus
Group meeting is Thursday, June 29 C� Community Hall. Group One: 5-6:30 PM &
Group Two: 7-8:30 PM. The tentative ��ublic hearing dates are Planning Commission
on August 24 and City Council on Sepi ember 21.
4. Development Permit Process Review Workshops - Following City Council direction,
two community workshops have been scheduled from 6:00 p.m. to 8:00 p.m. on
Wednesday, July 28th in the Cupertin o Room at the Quinlan Community Center and
Wednesday, September 8� in the (:upertino Community Hall. A possible third
workshop is tentatively scheduled fron16:00 to 8:00 p.m. on Wednesday, October 6th in
the Cupertino Community Hall. Stafi' will be working with a facilitator to put the
workshops together. Invitations have l�een sent to all permit applicants (homeowners,
contractors, architects, developers) wY�o have received a permit in the last five years
from the Building, Planning or Public'Norks Departments, as well as to Block Leaders,
the Cupertino Chamber of Commerc��, the Planning Commission and City Council.
Workshop notices are, also, being pc�sted in the Cupertino Courier, the Cupertino
Scene and the City website at www.cupertino.or /� app. It is anticipated that Planning
Commission and City Council public Y�earings will be held in late Fall 2010 to consider
the recommendations and related poli cy and/ or zoning ordinance amendments from
the workshops.
Upcoming Dates:
7/31 Community Congress,l0 a.nl. to 2 p.m., Kirsch Center, "Growing Green
Showcase"
9/ 25-26 Silicon Valley Festival, Mem� �rial Park (formerly Fall Festival)
Enclosures:
News Articles
G: � Planning � AartiS � Director's Report � pd7-27-IO.doc
2
STATE OF CALIFORNIA -BUSWEGS, TRANSPORTATION AND H�L1SW�� ACENCY ARNOLD �GHWARZENECCER, Covemor
DEPARTMENT OF HOUSING AND COMMUNITY DE'✓ELOPMENT -
,:
DIVISION OF HOUSING POLICY DEVELOPMENT
1800 Third Street, Suite 430
P. O. Box 952053 � �"
Sacramento, CA 94252-2053 � .
(916) 323-3177 / FAX (916) 327-2643
�_.
www.hcd.ca.gov
June 24, 2010
Mr. Dave Knapp, City Manager
City of Cupertino
10300 Torre Avenue
Cupertino, CA 95014
Dear Mr. Knapp:
RE: Review of the City of Cupertino's Adopted Housing Element
Thank you for submitting the City of Cupertino's housing element adopted April 6, 2010
and received for review on April 27, 2010. The Department is required to review
adopted housing elements and report the findings to the locality pursuant to
Government Code Section 65585(h).
As you know, the Department's April 6, 2010 review found Cupertino's revised draft
housing element addressed the statutory rE�quirements of housing element law. As the
adopted element is substantially the same �s the revised draft, the Department is
pleased to find the element in full complian�e with State housing element law
(Article 10.6 of the Government Code).
The Department commends Cupertino for implementing strategies to promote
development of infill sites including increasing densities, encouraging lot consolidation
and modifying development standards. Thase strategies will facilitate improving job
housing relationships and maximize land rE�sources to address climate change
objectives while facilitating the developmer�t of housing for lower-income families and
workers and strengthening the local econoiny.
In addition, Cupertino now meets specific r�quirements for several State funding
programs designed to reward local governrnents for compliance with State housing
element law. For example, the Housing RE�lated Parks (HRP) Program, authorized by
Proposition 1 C, Local Housing Trust Fund �nd the Building Equity and Growth in
Neighborhoods (BEGIN) Programs include housing element compliance either as a
threshold or competitive factor in rating ancl ranking applications. More specific
information about these and other programs is available on the Department's website at
http://www.hcd.cagov/h�d/hrc/plan/he/loar� qrant hecomp1011708.pdf.
Mr. Dave Knapp, City Manager
Page 2
In particular, the HRP Program, authorized by Proposition 1 C, is an innovative new
program rewarding local governments for tfie approval of housing for lower-income
households and provides grant funds to elic�ible local governments for every qualifying
housing start, beginning calendar year 201 �). More specific information about the HRP
Program is available on the Department's v�ebsite at http://www.hcd.ca.qov/hpd/hrpp.
The Department wishes Cupertino success in implementing its housing element and
looks forward to following its progress thro�igh the General Plan annual progress reports
pursuant to Government Code Section 65400. The Department is particularly thankful
of the hard work and cooperation of Ms. A2rti Shrivastava, Community Development
Director, Ms. Vera Gil, Senior Planner, and Mr. Paul Peninger, of BAE Consulting. If the
Department can provide assistance in impl��menting the housing element, please
contact Paul McDougall, of our staff, at (91 �3) 322-7995.
Sincerely,
Cathy . reswell
Deputy irector
Homestead Square to get $30M renovation - Silicc n Valley / San Jose Business Journal Page 1 of 1
Vti,'s;com�. Lethe:a cu�Art�no cry � Acccw,t ! Email Alerts ; S n Oui
Silicon Valley / San Jose Business Joumal - July 12, 2010
/sanioselstories1201 Q/07(12lstorv4. html
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F�iday, July 9, 2Q10
Homestead Square to get $30M r��novation
Siiicon ~Jailey / San Jose Business 3oumai - by David Goil
A large i96os-era neighborhood shopping center will get a major 2 tst-century facelift starting this fall.
Homestead Square, a i6o,000-square-foot retail center at the corn er of Homestead Road and De Anza Boulevard, '�
will e�cpand by about 40,00o square feet as a result of its redevelo� ment. Bids for work on various parts of the
project should go out later this year. ���� '°
Vxhi ?T±<=!-
John Machado, senior ��ce president at Colliers International, >aid the project's construction costs will be about �ohn Machado senior
$3o million. vice president at
Colliers Intemational,
Longtime anchor PW Markets plans to leave and will probably bi � replaced by a new� grocer. In addition, Rite Aid handles leasing for the
will change its format. About i5o,000 square feet of the center will be rebuilt, offering space for three anchor Homestead quare
tenants, said Machado, who serves as exclusive leasin a ent for th e center. snoppin9 center.
g g Upcoming renovations
will add space for three
The first phase of the project is construction of a i�,5oo-square-foc�t outer pad for anchor tenant Rite Aid. The store anchors.
will replace its existing 45,000-square-foot location with one that :�ccommodates a drive-through feature. The View Laryer
second phase �vill demolish the old Rite Aid and the PW supermarl:et
Currently, rents at Homestead Square are about $2 per square foo� for anchors and about $3.5o for smaller tenants, Machado said
Joey Franco's PW Markets has operated a 38,000-square-foot store at Homestead Square since i969. Descendants of the late Joey
Franco, the Italian immigrant who founded the regional supermar::et chain in i943, own the center. The family filed for the renovations
under the name FBJ Homestead Associates.
His daughters are also involved in running the supermarket chain, �vith Joy Belli serving as executive vice president and Kathleen Jalalian
vice president and on the board of directors.
Unlike PW Markets, other Homestead Square anchors — T.J. Ma:�r, Michael's and FedEx Office — inay reinain at the renovated
_ ......................................
center, Machado said. But there w�ill be at least one new anchor.
"We don't have commitments on the new anchors yet, but we are t; �lking with other grocery and big-box retailers," Machado said.
Another new addition will be three new outer pads along Homeste �d Road, with a total of about i9,000 square feet. Those spots would be
ideal for restaurants, Machado said.
The center's facade will also be refreshed with an updated look, aa ording to Kelly Kline, redevelopment and economic development
manager for the city of Cupertino. Two entrances into the center's acpansive parking lot from Homestead Road will be enhanced to
become tree-lined thoroughfares.
Kline said she can't di�vlge sales tax revenue from individual retai: centers, but Cupertino generated a total of $i2 million in sales tax
revenue during fiscal 2oo9-io, with the majority of it coming from business-to-business sales.
"We definitely have room for growth in sales tax on the retail side," Kline said. "Homestead Square has been a solid performer for many
years, and we feel the redevelopment will only improve revenue generation.°
David Taxin, partner at the San Jose retail brokerage firm Meach:un Oppenheimer Inc., said large neighborhood centers in bus}�
_._...._... __ ...................
locations like Homestead Square fare well in today's economy.
"Homestead Square is a good location, especially for grocery store:,," Ta�cin said. "Even wzth the slow economy, this center is a strong one
and redevelopment will only make it better."
According to Colliers International, the population w�thin a 3-mile radius of Homestead Square in Cupertino and neighboring Sunnyvale
is about 200,000, with a tnedian household income of $i29,000. �.verage daily traffic counts on De Anza Boulevard at the center are
49,000, with 22,000 on Homestead Road.
Dauid Goll can be reached at 4���• or dgoll@bizjournals.com.
All contents of this site OO American City Business Joumals Inc. All rights reserv �d.
http://sanjose.bizjournals.com/sanjose/stories/201()/07/12/story4.html?t=printable 7/9/2010
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City budget
balanced with selective hiring freeze, use
of reserves
By Matt Wilson
mwilsonCa�community-newspaoers.com
Posted: 06/03/2010 08:05:55 PM PDT
While the recession has left many California municipalities scrambi ng to close budget deficits, the city of Cupertino's financial situation
remains relatively light on drama.
"I think will be able to get by this year, and we have not anticipated any layoffs and any noticeable cuts in service to the community," said
city manager David Knapp.
The city is deliberating its budget for 2010-11 fiscal year and will rot need to lay off employees, initiate staff fur�oughs, cut services or
take many drastic measures to keep the city operating in the black.
Carol Atwood, city director of administrative services, said she recc�ntly attended a local meeting of assistant city managers, and her
valley counterparts asked her why Cupertino is so different from ot her cities that are struggling.
"We are different. We are in a lot better shape than other cities, b��t that does not mean we didn't have a hard time balancing [the city
budget] this time," Atwood said during a city council budget study session on May 24.
The city is estimating a revenue loss of about $1.8 million during each of the next two years due to the recession but is weathering the
shortfall through a selective hiring freeze, deferring some mainten��nce and creative funding of capital projects. Eight positions are
currently on hold, and new vacancies will be reviewed for necessit� .
"An accumulation of a lot of good effort has put us where we are a:, but we are by no means flush with money," said Atwood.
City revenue is about $67.3 million and expenditures are about $7? million. The city is covering the imbalance by funding some capital
projects with reserve funds.
Since May 2006, the city has had a fiscal strategic plan, which wor<s to counterbalance economic uncertainties and plan for recessions
and the ups and downs of economic cycles. Cupertino has also been fortunate to not see a decline in residential home values due to the
popularity of the high-performing schools in the area, Atwood said
The city has a projected balanced budget for the next four years but expects to dip below its targeted general fund reserve policy limit
beginning in 2011-12 and into 2014-15. The city's policy is to have about $13.9 million in reserves. The city will start the 2010-11 fiscal
year with $16.4 million in reserve.
The city is heavily dependent on Apple Inc., Hewlett-Packard and Insight for its sales tax, as the three companies account for 57 percent
of such revenue. A goal of the city is to diversify its revenue soura�s.
To boost revenue and keep from dipping too far into reserves, the city is looking to enhance its retail sector, particufarly at Cupertino
Square Shopping Mall, which is home to one-third of the city's retzil space. The city also wants to nurture completion of major retail
projects such as the Main Street Cupertino project. The city is also considering increasing its environmental storm drain fees with a ballot
initiative in November 2011.
Budget highlights include funding for the Cupertino Library to keeF it open seven days a week, and for school resource officers, a
streetlight and irrigation retrofit project and a contribution of fund�� to the De Anza College Euphrat Museum and Deer Hollow Farm.
Major capital projects include updating the Monta Vista storm drair�age system, phase 2 of the Stevens Creek Corridor project, a possible
temporary dog park along Mary Avenue, installation of a sport cou t at the Sports Center and fixing the dormant ponds at Linda Vista
Park.
The final budget hearing will be June 9 at Cupertino Community H��II 10350 Torre Ave beginning at 6:45 p.m.
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Nearly a dozen new sites to be protected under Cupertino's preservation
policy
By Matt Wilson
mwilson@community-news�aaers.com
Posted: 06/10/2010 08:06:22 PM PDT
Cupertino added nearly a dozen sites to its historical im entory June 1 when the council unanimously approved the
city's first historical preservation policy.
The new ordinance, which has been in the works since ::007, is intended to help the city be more active in
preserving buildings with historical merit.
An Historical Preservation Advisory Committee worked for more than two years on the city policy, which
recommends how to honor and deal with historic sites vrhen changes are made to its structure and surrounding
area. The committee released a recommended list of 3C sites of historical importance to the council earlier this
year.
Committee members evaluated dozens of sites, looking at each one's aesthetic, historic, social, cultural and
economic merit. The committee also analyzed each site through an architectural lens to see if the design reflected
a particular era or master craftsmanship. The proposed guidelines also offer recommendations on how to best
preserve each structure if it needs removal or updating.
A number of historical sites are already included in the ��eneral Plan, but until now, there had been no official
policy on how to best preserve such sites. The city prev ously made decisions about historical sites on a case-by-
case basis, according to city staff.
A small historical list had been crafted in 1997. Sites already identified by the city as historical included Baer
Blacksmith shop, the gazebo trim at
Memorial Park, Nathan Hall Tank House and Cupertino [)e Oro Club, which was once Collins School. Other sites
include the Stocklmeir Farmhouse, Le Petit Trianon and the former site of the Woelffel Cannery on Imperial
Avenue.
The new preservation policy includes 11 new sites, sucr as the Glenndenning Barn on the Hewlett-Packard
campus, the intersection of De Anza and Stevens Creek boulevards, Hazel Goldstone Variety Store, the first Apple
Inc. building on Bubb Road and Paul and Eddie's bar, w iich used to be Engles Grocery.
Sites with great historic significance are being given the full treatment of the secretary of interior's standard for
treatment of historic properties, which puts parameters on renovation or redevelopment. Some sites were given
commemorative status and will be encouraged to display plaques, reader boards and other educational
supplements. The city is encouraging public access for {�ublic sites with historical merit.
The city also prepared a list of honorable mention sites for places of historical significance just beyond the city
borders. The Woodhills Estate in the Midpeninsula Open Space District and Picchetti Brothers Winery on Montebello
Road were added to the list.
City-owned sites deemed historical could someday be r��stored to retain their historical significance and be open to
public access for educational opportunities.
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Cupertino gets 'taste' of city's mE:nu offerings for first time in nearly
a decade
By Matt Wilson
mwilson@communitv-newspapers.com
Posted: 06/24/2010 08:00:26 PM PDT
It is easy to see what Cupertino looks like, but wl�at does it taste like? The Cupertino Chamber of
Commerce is inviting the public to find out ]une � 6 when it resurrects its Taste of Cupertino event
after nearly a decade of inactivity.
The Chamber is sponsoring its Savory Summer Nights food-tasting event, which will feature an
evening of food, music, raffle prizes and networking opportunities. The event takes place at Vallco
Shopping Mall from 4:30 to 7:30 p.m.
A number of tasting stations will be seet up near the AMC Movie Theater at 10123 N. Wolfe Road.
Participating Cupertino restaurants include Arya (�lobal Cuisine, Baja Fresh, B]'s Brewhouse, Bonjour
Crepe Company, Cupertino Bakery, Dynasty Rest3urant, Fresh Choice, Park Place, Rio Adobe, Strike,
Tatami Seafood Buffet, and TGI Fridays.
"This will help bring a little more awareness to th �se restaurants. It helps expose people to those
places that they wouldn't normally go to or maybe they even forgot it was here. This is a chance to
get re-exposed to the food offerings in Cupertino " said Mike Rohde, general manager of Vallco
Shopping Mall and a Chamber board member.
The event has not been held in at least eight yea - s and used to be paired with a now defunct arts and
wine festival, according to Alice ]acob, a Chamber spokesperson. The event's return is as an effort to
jump-start restaurant business during a recessiori and during a seasonal time when residents are
dining out more.
The goal is to get people talking about Cupertino dining options.
"It is a good kickoff for summer and to get the restaurants noticed. We'll see how this one goes, and
maybe it will be the start for something bigger ar�d better as we proceed down the road in later
years," said Rohde.
For $25 guests can try a diverse selection of foo� and drink. Attendees will have a chance to win one
of 15 raffle baskets offering different types of pri:�es.
For more information and tickets call the Cupertiiio Chamber of Commerce at 408.252.7054 or visit
www.cupertino-chamber.or4.
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Cupertino turns to smart phone for locating problems in community
By Matt Wilson
mwilsonC�community-news�apers.com
Posted: 06/24/2010 08:02:35 PM PDT
Cupertino leaders are hoping that a picture really is worth a thousand words. With the help of neighborhood
representatives, the city recently launched a new application that lets residents alert city hall to flooded
intersections, downed trees, road hazards and other prc►blems using photographs sent in real time from their smart
phones.
The city-designed application also identifies the location of the problem with GPS coordinates so the city can assess
and respond to issues faster.
Rick Kitson, city public affairs coordinator, said the new program will help residents give the city more detailed
information.
The visual nature of the application can help city hall deduce the seriousness of a problem, Kitson said.
"It comes down to that ancient truism of a picture beinc� worth a thousand words," he added.
The city often has trouble locating problem areas because staff receives vague reports from residents about a
pothole's location and the like, Kitson said.
"Rather than send someone out to fix something, we w��re sometimes sending out a search party," he added.
The application can be used on such mobile Apple prod�icts as the iPad, iPhone and iTouch.
The application augments Access Cupertino, a customei� management system that already operates through the
city website, and can be downloaded through the city website at no charge. The city designed the application with
Comcate, a San Francisco business that designed the web version of Access Cupertino.
Kitson said local governments need to adapt to a world where sending an e-mail is too slow and when more and
more phone calls, text messages and e-mails are being sent while people are mobile.
"E-mail has become essentially what a written letter us��d to be," Kitson said. "We want people to communicate
with city hall about issues that matter to them wherever they may be. People communicate remotely these days,
and we want people to do the same thing with city hall in regards to the issues they care about."
The city worked with Cupertino neighborhood block leaciers in May to test the application and work out any
glitches.
The city could expand services to other models of smar: phones and mobile devices.
"Ultimately, communication is a core function of repres��ntative government. Our community takes that issue very
seriously," said Kitson.
For more information or to get the free application, visi : www.cupertino.ora or call 408.777.3262.
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Rotating shelter program faces budgE:t ax
By Matt Wilson
mwilsonC�communitv-newspapers.com
Posted: 06/03/2010 08:00:35 PM PDT
For nearly 20 years, the Faith in Action board and West Valley Community Services have worked hand in hand to help homeless
men in need find monthly shelter in local houses of worship.
On May 27, the board received a CREST (Cupertino Recognize�: Extra Steps Taken) Award from the city of Cupertino for the extra
steps its volunteer members have taken over the years to helF those men.
However, come July that rotating shelter program could end a�; the nonprofit West Vailey Community Services faces
unprecedented budget cuts from the city of San Jose and Sant3 Clara County.
"I take the words 'Love your neighbor as yourself' very seriously, as do all the Faith in Action members," said longtime board
member Mary Ellen Hening. "Every one of us in Faith in Action will say that we've received more than we've given. I have been
continually astounded by the generosity, ingenious planning arid hard work of everyone on the Faith in Action board. We spur one
another on to continue and to grow."
Faith in Action organizes the monthly transition of a rotating slielter between 11 local churches and one synagogue, which open
up their doors to house homeless men. The shelter moves to a different site each month. Members of the congregations and local
community groups such as Rotary, Kiwanis and various local r��staurants take turns contributing meals.
The program serves about 200 to 250 men every year. In 200 �, the rotating shelter provided 16,200 meals,
5,400 nightly beds for more than 100 homeless men and was �upported by more than 3,285 volunteer hours, according to
WVCS.
"For many of those men, it was truly a lifeline when they were at the end of their rope," Hennig said.
The city of San )ose, which traditionally provides a large porticn of the funding for WVCS, has to close an estimated $116 million
shortfall in the city's general fund budget. WVCS is expecting ��bout a$150,000 total drop in funding as a result of budget cuts
from San Jose and Santa Clara County.
"That would spell the end of the rotating shelter program," sai�i Hennig.
The ongoing passion of the volunteers is assured, but WVCS p�ovides the administrative and professional side of the shelter
program, said executive director Naomi Nakano-Matsumoto.
Shelter applicants are carefully screened and sign a contract which defines their responsibilities and rights within the program.
Case workers provided by WVCS counsel each guest in preparing resumes and job searching. The nonprofit also provides a paid
overnight supervisor, who is able to work closely with each gu��st on a daily basis. Other WVCS provided services include bus
passes and passes to the local YMCA for showers.
"We need that professional expertise to do the intake and asse ssment of each man so we know that they're not coming in with a
violent history and that they do not have sexual offenses," Nal:ano-Matsumoto said.
She estimates that shelter graduates get back on their feet 80 percent of the time, due to the success of the program and the
behind the scenes work of the case workers.
"It would really be a shame if we lost the administrative side cf the program. It would be kind of like turning off the light for
having people involved in this," said Cathey Edwards a longtirr e board volunteer and now coordinator for Sunnyvale Presbyterian
Church, which hosts the men in April. "It's hard to really imagine losing [WVCS] because we would then have to become a social
service agency instead of a collaboration of churches, and that sadly is just not what we are."
WVCS is expecting to hear its budgetary fate by June 30. The �onprofit serves Cupertino, Los Gatos, Monte Sereno, Saratoga,
West San Jose and some unincorporated areas.
"We are working toward the best-case scenario, though we ha�e to plan for the worst. We are working for a positive outcome so
we can provide the services that are vital and crucial," Nakanc-Matsumoto said.
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HP to close Cupertino campus
Bv Brandon Bailey
bbailey�la mercurynews.com
Posted: 07/15/2010 07:59:52 PM PDT
Computer giant Hewlett-Packard said Thursday that it plans to close its longtime campus in Cupertino, while
transferring several thousand workers to its Palo Alto hE�adquarters over the next two years.
The announcement is a blow to the city of Cupertino, s� id Mayor Kris Wang, who added that the city gets tax
revenue from HP's operations in her city.
The 100-acre campus has been home to some of HP's personal computer division as well as some of HP's
commercial software and hardware units. It's also the s te of a high-tech "customer briefing center," where HP
holds meetings and shows off some of its wares to corp�rate clients.
"Closing the Cupertino site is a big change, and we reccgnize that the transition will touch all Bay Area employees
in some way," said Pete Bocian, HP's chief administrati�e officer, in a memo sent to employees Thursday.
By consolidating operations in Palo Alto, he added, HP "will create a more productive, flexible, ecological and highly
energized work environment."
HP, which has more than 300,000 employees worldwide�, has gone through several waves of consolidation and has
laid off thousands of employees in recent years, while adding others through new hiring and acquisitions of other
tech companies.
Bocian's memo said the Palo Alto and Cupertino campu�;es are each about 60 percent occupied, and that HP hopes
to reach 90 percent capacity in Palo Alto after the consc�lidation is completed. The transition will occur over two
years.
HP declined to say how many employees work at the C�ipertino campus, but Cupertino City Councilman Barry
Chang estimated the number at 3,000 to 3,500. Wang ��greed that it is probably "several thousand."
"It's bad news, no doubt about it," Chang said.
Wang said she believes HP is the biggest corporate lancowner in Cupertino, and probably the most prominent
business in the city after Apple, whose world headquart�rs is located nearby.
She said HP notified the city of its plans Thursday and cfficials had not yet calculated the financial impact. But she
added that she's optimistic the city will find another tec� company to move onto the HP site.
"We're sure that we can work with their real estate tearn to position the land for future revenue generation," she
said.
Some of the HP buildings at both campuses are decade:; old. Bocian said in his memo that HP will make
"substantial investment" to improve several buildings ir Palo Alto.
In a brief statement Thursday night, HP said the move is part of a broader strategy "to improve efficiency across
the company. This effort allows HP to better use space, continue to reduce our carbon footprint and provide
employees with a more collaborative work environment."