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Home My WebLink AboutCC 04-07-2026 Item No. 11 Harvest Proporties_Written CommunicationsCC 4-07-2026 #11 Harvest Proporties Written Communications From:Shelby Maples To:Lauren Sapudar; City Clerk Subject:Applicant presentation - Harvest Date:Monday, April 6, 2026 3:25:11 PM Attachments:260407_SCB_CC Approval Hearing.pdf 260407_SCB_CC Approval Hearing 1.pptx Good afternoon, Please see the attached applicant presentation for tomorrow's hearing. Thank you! Shelby Maples Senior Planner Community Development ShelbyM@cupertino.gov (408)777-1333 HARVEST PROPERTIES 1 The Canopies 20807-20883 STEVENS CREEK BLVD HARVEST PROPERTIES 2 Agenda Introductions Ownership Overview Project Introduction Project Timeline What We Have Heard Why Residential/The Opportunity Project Information HARVEST PROPERTIES 3 Introductions J. Blair Volckmann – Partner Blair joined Harvest Properties in 2010 and is responsible for the sourcing and acquisition of new investments. He works in all aspects of operating and expanding the firm’s portfolio, including investment selection, financings, dispositions and capital relations. He co-heads the entitlement and development team with Preston O’Connell and oversees acquisitions at Harvest. Prior to joining Harvest, Blair spent three years in Eastdil Secured’s San Francisco office underwriting more than $4 billion of office, retail and industrial transactions. Blair holds a Bachelor’s degree from Vanderbilt University and serves on the board of NAIOP Silicon Valley and City of Hope. Kevin Choy, P.E. – Director Kevin joined Harvest Properties in July 2022. At Harvest, Kevin is responsible for supporting all aspects of the development and construction process across a variety of commercial, multi-family and mixed-use projects that range from building repositionings and capital improvements to entitlement and ground-up development. Prior to Harvest, Kevin served as Development Project Manager for Lendlease leading the initial feasibility, design and early entitlement components of a Mountain View-based commercial project in partnership with Google. Kevin holds a Bachelor’s degree in architectural engineering from California Polytechnic State University, San Luis Obispo. He is a member of the Urban Land Institute’s Young Leaders Group Advisory Committee and currently co-chairs the Ventures in the Vineyards event series for ULI YLG. HARVEST PROPERTIES 4 Project Location De Anza College Apple HQ Sam Lawson Middle School Whole Foods William Faria Elem. School 280 85 Garden Gate Elem. School Project Address: 20807-20883 Steven’s Creek Blvd HARVEST PROPERTIES 5 Project Location Stevens Creek Blvd N S t e l l i n g R d Sa i c h W a y Alves Dr HARVEST PROPERTIES 6 Project Timeline Ownership has diligently processed this housing project for the past one and half years and engaged with Staff, the Community, and elected officials to present today’s project. ACTIONWHEN Submitted Project’s SB330 ApplicationApril ‘24 Submitted Project’s Major ApplicationSeptember ‘24 1st Community MeetingNovember ’24 Major Application Deemed CompleteFebruary ’25 2nd Community MeetingMarch ‘25 Planning Commission and City Council Engagement & FeedbackMarch & April ‘25 Alternate Design InvestigationsMarch – July ’25 Major Application Consistency ReviewFeb ‘25 – Jan ’26 HARVEST PROPERTIES 7 What We Have Heard The project is preserving the existing pear trees along Steven’s Creek Blvd. The project has completed a traffic study, which has been peer reviewed by City Staff and their Traffic Consultant. That traffic study shows a ~40% net decrease of trips to the site. The project is proposing to remove the Retail to allow for new homes. Ownership commits to working with both Panera and Voyager Coffee to assist in finding a new location in Cupertino. The project provides 32,000 sq. ft. of open space onsite via the linear park at the center of the site + paseos between groupings of units. This is greater than the city requirement. How did we solve it:What did we hear: The Team has hosted two community meetings with the public, met with Planning Commissioners and City Council members, and met with other members of the public and business community. In those meetings we have heard the following themes and responded accordingly. The onsite trees are worth preserving Will this project exacerbate traffic issues in the area? What will happen to the Retail onsite? What open space is being provided? HARVEST PROPERTIES 8 Project Introduction - Opportunity Re-Entitlement Thesis & Strategy Project’s Guiding Principles: •For Sale Housing: Production of for-sale housing in the last cycle was minimal at best. Rental product is denser, has been produced historically, and doesn’t pencil •Demographics are changing: As Millennials age and have kids, they are looking for places to put down roots and form a home •Appropriate Density: Look to reduce visual impacts by reducing density/size/scale of the development •Consider City Tax Revenue: For-sale housing produces more property tax revenue to the City than apartments •Respect the surrounding neighborhood’s character: Respect the scale of development, single- family neighborhood, to the project’s north •Engage the Stakeholders: Engage with and elicit feedback from the project’s stakeholders •Utilize State Housing Laws:Utilize the various State Laws that promote housing to produce the maximum reasonably achieved homes on this site Why Redevelop: •Buildings are at the End of their Useful Life: Buildings are over 40 years old •Apple is Vacating: Apple occupies 65% of the project and has notified us that they are vacating •Office Demand has Changed: Office demand has fundamentally changed. There are millions of square feet that are vacant in the valley •Lenders & Capital Markets have Devalued Office: Financing for office is almost unavailable due to current interest rates + where lenders value office when compared to pre-Covid 20807 – 20883 Stevens Creek Blvd | Cupertino, CA Project Plan: ~117,500 sf | 6, 1-2-story older commercial bldgs. Convert older existing bldgs. to 122 residential units Size | Description : HARVEST PROPERTIES 9 Project Benefits 122 for-sale homes proposed >51 planned within HE 20% Affordable = 24 BMR Homes ~$10M in Impact Fees Paid ~$160k/yr in net additional City General Funds Consistent with General Plan and Zoning Reduction in trip count by ~40% HARVEST PROPERTIES 10 Rendering – Stevens Creek Blvd Entrance HARVEST PROPERTIES 11 Project Introduction – Site Plan HARVEST PROPERTIES 12 Landscape Site Plan HARVEST PROPERTIES 13 Renderings – Internal Linear Park HARVEST PROPERTIES 14 Renderings – Townhome on Stevens Creek HARVEST PROPERTIES 15 Renderings – SFDs on Alves HARVEST PROPERTIES 16 Thank you From:Jeffrey Herdman To:City Clerk Subject:Support New Family Housing at 20807-20883 Stevens Creek Blvd! Date:Thursday, April 2, 2026 6:52:22 PM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Clerk Council Clerk, Dear Cupertino City Council members, I am writing to strongly urge you to recommend approval for the proposed residential project at 20807-20883 Stevens Creek Boulevard. This development represents a rare and vital opportunity to create 122 for-sale townhomes in our city, providing the high-quality, family-sized housing that Cupertino desperately needs. By building 100% three- and four-bedroom units and including a significant 20% on-site affordable component, this project ensures that both growing families and our local workforce have a path to homeownership. This is a smart, logical conversion of an underutilized commercial site that will actually benefit the surrounding neighborhood by reducing net daily traffic by 40%. Furthermore, the project team’s commitment to preserving the historic pear trees and creating a new public linear park shows a clear dedication to enhancing our community’s character and green space. Cupertino must approve thoughtful infill projects like this to meet our housing goals and remain a welcoming city for families of all income levels. I respectfully ask that you vote yes and approve this project! Jeffrey Herdman jherdman123@gmail.com San Jose, California 95129 From:Neil Park-McClintick To:City Clerk Subject:Support New Family Housing at 20807-20883 Stevens Creek Blvd! Date:Thursday, April 2, 2026 5:16:57 PM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Clerk Council Clerk, Dear Cupertino City Council members, I am writing to strongly urge you to recommend approval for the proposed residential project at 20807-20883 Stevens Creek Boulevard. This development represents a rare and vital opportunity to create 122 for-sale townhomes in our city, providing the high-quality, family-sized housing that Cupertino desperately needs. By building 100% three- and four-bedroom units and including a significant 20% on-site affordable component, this project ensures that both growing families and our local workforce have a path to homeownership. This is a smart, logical conversion of an underutilized commercial site that will actually benefit the surrounding neighborhood by reducing net daily traffic by 40%. Furthermore, the project team’s commitment to preserving the historic pear trees and creating a new public linear park shows a clear dedication to enhancing our community’s character and green space. Cupertino must approve thoughtful infill projects like this to meet our housing goals and remain a welcoming city for families of all income levels. I respectfully ask that you vote yes and approve this project! Neil Park-McClintick neil.parkmcclintick@gmail.com San Jose, California 95126