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Correspondence STATE OF CALIFORNIA-BUSWESS. CONSUf GFRVirFS AN�HnIISING ACENGY EDM�ND G. BR�WN JR_. Govemor DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT . DIVISION OF HOUSING POLICY DEVELOPMENT � 2020 W.EI Camino Avenue,Suite 500 `' •�,��;; ' Sacramento,CA 95833 ''16)263-2911 /FAX(916)263-7453 �nr.hcd.ca.gov _ �' February 5, 2015 Ms. Aarti Shrivastava, Assistant City Manager City of Cupertino 10300 Torre Avenue Cupertino, CA 95014 Dear Ms. Shrivastava: RE: City of Cupertino's 5th Cycle (2015-2023) Draft Housing Element Thank you for submitting the City of Cupertino's draft housing element update that was received for review on December 12, 2014, along with revisions received on January 21 and 30, 2015 and February 4, 2015. Pursuant to Government Code (GC) Section 65585(b), the Department is reporting the results of its review. In addition, the Department considered comments from the Law Foundation of Silicon Valley pursuant to GC Section 65585(c). The draft element with revisions meets the statutory requirements of State housing element law. The element will comply with State housing element law (GC, Article 10.6) when adopted and submitted to the Department, in accordance with GC Section 65585(g). Our review was facilitated by various communications, including a conversation on January 15, 2015 with you, Piu Ghosh, Senior Planner, Christopher Valenzuela, Senior Housing Planner, the City's consultants, Genevieve Sharrow and Veronica Tam and special counsel, Barbara Kautz. The Department conducted a streamlined review of the draft housing element based on the City meeting all eligibility criteria detailed in the Department's Housing Element Update Guidance. The City also utilized ABAG's pre- .approved housing element data. To remain on an eight year planning cycle, pursuant to Senate Bill 375 (Chapter 728, Statutes of 2008) the City must adopt its housing element within 120 calendar days from the statutory due date of January 31, 2015 for ABAG localities. If adopted after this date, GC Section 65588(e)(4) requires the housing element be revised every four years until adopting at least two consecutive revisions by the statutory deadline. For more information on housing element adoption requirements, please visit our Department's website at: http�//www hcd ca qov/hpd/hrc/plan/he/he review adoptionsteps110812.pdf. HCD Review of Cupertino's Housing Element February 5, 2015 Page 2 of 2 Public participation in the development, adoption and implementation of the housing element is essential to effective housing planning. Throughout the housing element process, the City must continue to engage the community, including organizations that represent lower-income and special needs households, by making information regularly available and considering and incorporating comments where appropriate. The Department appreciates the hard work and dedication of the housing element update team and looks forward to receiving Cupertino's adopted housing element. If you have any questions or need additional technical assistance, please contact Hilda Sousa, of our staff, at (916) 263-1784. Sincerely, � � Paul McDougall Housing Policy Manager Piu Ghosh From: Christopher Valenzuela Sent: Monday,August 25, 2014 3:06 PM To: Piu Ghosh Cc: Aarti Shrivastava Subject: FW:Aug. 28 Housing Commission Meeting Hi Piu, see Barbara Roger's comments below. Thank you. Christopher"C.J."Valenzuela,Senior Housing Planner City Hall Community Development Department 10300 Torre Ave Cupertino, CA 95014 408-777-3251 (Phone) christopherv@cupertino.or� (E-mail) www.cupertino.or� (Website) -----Original Message----- From: Barbara Rogers [mailto:barbsbucket@comcast.net] Sent: Monday, August 25, 2014 3:04 PM To: Christopher Valenzuela Subject: Re:Aug. 28 Housing Commission Meeting Hi, C.J. and thanks for your courtesy. I'm sorry I didn't see reference to senior housing in the staff report. But glad it was there--and not surprised that it would have been included. As the City is fortunate to have excellent members of staff. Please accept my apologies for not reading well enough to find the staff reference. And extend my apologies, as appropriate. Thnx, again, C.J. Love, BR On Aug 25, 2014, at 2:08 PM, Christopher Valenzuela <ChristopherV@cupertino.or�>wrote: > Hi Barbara, I have forwarded your comment below to the Housing Commission as I didn't see the Housing Commission included on your prior e-mail. Thank you. > > >Christopher"C.J." Valenzuela, Senior Housing Planner City Hall >Community Development Department > 10300 Torre Ave >Cupertino, CA 95014 >408-777-3251 (Phone) >christopherv@cupertino.or� (E-mail) >www.cupertino.or�(Website) i > > > >-----Original Message----- > From: Barbara Rogers [mailto:barbsbucket@comcast.net] >Sent: Monday,August 25, 2014 1:03 PM >To: Christopher Valenzuela; City of Cupertino Fine Arts >Cc: Gary Chao; Aarti Shrivastava >Subject: Aug. 28 Housing Commission Meeting > >To: Housing Commission Chair Raman and Members Wilson, Barnett, Chu, and Maroko-- > > I am very sorry to not be able to attend your meeting this Thurs.Aug. 28 at 9:00. > I have a conflict on 2nd and also on 4th Thurs. mornings, unfortunately. > >Therefore, I'm emailing my input which I hope you will adopt in some form in your recommendations to the Planning Commission. >Specifically, I look at the Housing Element section of the staff report for your meeting this Thurs. morning. > > I find no reference to older adult (senior) housing an the need for it. > Perhaps I may have overlooked something in the long, well-written report. > I did testify at several of the workshops where it seemed to me that my comments were welcomed and would be included. > > I ask that you include some reference to the need for older adult housing in Cupertino, as well as housing for all segments of the population, in your recommendations to the Planning Commission. >And not just below-market-rate and subsidized housing but also for-profit units. >There is ample documentation of this need which exists all over the country and is growing. > I've made available to staff material relative to successful for-profit and subsized senior housing projects constructed in the Bay Area, across the U.S. and world-wide. > >This need for senior housing, both government-assisted and also for profit, is growing in Cupertino, as elsewhere, as the senior demographic is burgeoning. > I hope that in recognizing this need in Cupertino you will recommend for the City of Cupertino to increase the housing available in Cupertino for older adults. > >Thanks, again,for all you do to benefit our community and its residents--that you care enough to give of your time and expertise and make a difference for the better. > > I look forward to welcoming you to the Sept. 30 Forum Aging-in-Place. >Thnx, again, Love, BR > > z D r� c� � uvc . ,�Ilen Won� MAR — 4 2014 P.O. Box 70Q005 � San Jose, CA 95170 T'el: (408) 996-2$29/Fax: (408) 725-1221 CUPERTIND CITY CLERK March 4, 2014 �C �� � ' '� . #� � Dear Gity of Cupertino, My nanle.is Allen Woi�g and I an� the land owner of 10921 Maxine Ave and ]0931 Maxine Drive, Cupertino, CA 950'14. Tha:nk you for your consideration of tliese properties for fh�e I-{ousing Element study. I would like to formally withdraw my prop�;i•ty at 109Z1 Maxine and 10931 Maxine Ave for the Housing Element stucly. I look for����ird in the future to workin�g with t�he City in a future ti�ne. Sincerely, � Allen Wong Owner of 10921 Maxine r•ive and 10931 Pvlaxine Drive, Cirpertino, CA 95014 � ` Arcadia Development LLC 4546B-10 El Camino Real, #351 Los Altos, CA 94022 March 5, 2014 City of Cupertino Department of Community Development Planning Division 10300 Torre Avenue Cupertino, CA 95014-3255 Attn: Piu Ghosh Re: 1.9450 Stevens Creek Blvd., Cupertino, CA APN: 375-01-022 To Piu Ghosh: In response to your letter dated February 14, 2014, please be informed that we DO NOT wish to have this property included in the Housing Site Inventory list. Please remove this property from the Housing Site Inventory list. Thank you for your assistance in this matter. Sincerely, ��— �� Arcadia D elopment LLC DEPARTMENT OF COIUIMUNI7Y DEVELOPMEN7 PLANNIP�G DfVISfOtJ �` CITY HALL 10300 TORRE AVENUE • CUPERTINO, CA 95014-3255 �����-�.��� (408)777-3251 � FAX(408)777-3333 February 14, 2014 ARCADIA DEVELOPMENT LLC 530 SHOWERS DR UNIT 7-261 MOUNTAIN VIEW CA 94040 IZe: City of Cupertino Housing Element Update 2015-2023 Dear Sir/Madam, The City of Cupertulo, Iike many jurisdictions across Califorrua, is uz the process of updatuzg its Housing Element of the General Plan. State law requires that the Housing Element Ue updated every eight years. The City must adopt a California Department of Housing and Cominunity Development certified Housing Element by January 31, 2015. Among other thuzgs, the Housing Element is required to provide an inventory of land adequately zoned or plaruzed to be zoned to accoininodate its fair sllare of housing allocation. The Association of Bay Area Goven-tments' (ABAG) Regional Housulg Needs Allocation (RHNA) indicates that the City inust plan to accommodate 1064 units for t11e upcomulg Housuzg Element Update. As a part of the Housing Element Update process, the City will review several sites withuz the city liznits for ulclusion in the Housing Sites Inventory list u1 the 2015-2023 Housing Element. Your property located at I" '�� �`�`T��,TTEL��: ���� - �� '�'�, CuC�,�� t,' �� '`�� 4 ( - �`I"�1; 3��`5 �"1 �2�^2 has Ueen identified as one of the potential sites. Please note that ulclusion uz the Housuzg Sites Inventory list does not prevent the existing uses on fhe site, require that housing Ue constructed (only that appropriate residential zonuzg Ue uz place) or trigger a reassessznent of the property value. If you do not wish to have this property be included u1 the Housulg Sites Inventory list, please let us lazow. In addition, the City invites you to participate in the follo��uzg upcoznuzg Housuzg Element Update public workshops and ineetulgs: 0 Planning Commission Study Session Feb 19, 2014, 6:30 p.in., Cupertuzo Cominunity Hall Housuzg policy and sites discussion and General Plan Amendment Concept Alternatives Report presentation and discussion. ■ City Council Workshop and Study Session Mar 4, 2014, 3:00 p.m., Cupertuzo Community Hall Housing policy and sites discussion and General Plan Amendinent Concept Alternatives Report. ■ Environmental Scoping Meeting Mar 11,2014,5:00 to 6:00 p.m., Cupertuzo Cominunity Hall Environmental scoping discussion for Housuzg Element and General Plan Ainendnlent Environmental Impact Report. Please check the project website, �nTww.cu�ertino�a.org, to confirm meetuzgs dates and times sulce the dates listed above are tentative. Visit the project website to sign up to receive notices and updates on the project, get answers to frequently asked ques"rions or provide coinments. You may also contact me at�iva@cuvertulo.org or by phone at(408) 777-3277. Su-�cerely, ��=,�.�--.� �� Piu Ghosh, AICP Senior Planner � �:. F Piu Ghosh From: Myron Crawford <Mcrawford@bergvc.com> Sent: Tuesday, March 04, 2014 12:03 PM To: Piu Ghosh Subject: Housing Elements Update - 20605 20705 Valley Green APN 326-10-046 BERG � BERG DEVELOPERS, INC. 10050 B�mdley Drive Cupertisao, CA 95014-2.185 P/: (408) 725-0700 Frrx(408) 725-I626 mcrawford r(�,bergvc.com 3/4/14 Piu Ghosh Senior City Planner City of Cupertino 10300 Torre Avenue Cupertino, CA 95014 Tel: 408-777-3308 Dir 408-777-3277; Fax: 408-777-3333 Eaaail: piu�(�a,cupertino.or� Reference: Housing Elements Update Subject: 20605 20705 Valley Green APN 326-10-046 Piu, Please note that Berg and Berg aka Berg Family Partners, LP is desirous of having the above property remain on the site inventory for future potential housing. Thank you, Myron Crawford 1 Piu Ghosh From: Ducote, Michael <MDucote@prometheusreg.com> Sent: Friday, February 07, 2014 3:17 PM To: Piu Ghosh Subject: FW: GPA in Cupertino Piu, We are currently working with the Bill Cooper who is the property owner of 1471-1505 South De Anza Boulevard to provide you with the language below in a formal letter. Bill is currently recovering from back surgery and unable to attend to this matter. He is being assisted by his Real Estate Broker. We anticipate being able to have a signed letter with the language below to the city by the middle of next week. Please use this email and the email below and place us on the agenda for the Housing Commission to review this site as a possible Housing Element location. Feel free to contact me should you have any questions. MICIIAEL DUCOTE,SENIOR DEVELOPMENT MANAGER PROMETHEUS R�AL ESTAT�GROiJP 1�)00;i<)L;`1'I I NU13I�<.).11<S7'. S'17?. 750 �:\\ ;�f:\"1`l�,O,t.,:\9�403 I'I i(Ji��Es:650.)37.3�1,' l�i\_\: GSQ.)_31.3ti�? V(N(�W.PROMI�THEUS1tIJG.0 OM PROl.'I:�it l"�'1i:1ti:\C�I�.�f(::N'1'((_?i1'Il?.\Nl'(lI 11f1:�:,Y 1?��lt,2U1O��2UL .1'i\f11� 1'RC)P:k:�,:1211'i'�'Cr.�i�':�C:;f�1(l:,iV'I'(,()_h:Cl:''1NY O1 I'1II�.�!,,�R,2U1( f31'i�`.1_[_1F3 From: Calihan, Pat Sent: Friday, February 07, 2014 3:11 PM To: Ducote, Michael Subject: FW: GPA in Cupertino Below is the latest update from Bill Cooper on the 1471-1505 South De Anza Boulevard site in Cupertino From: Guterman, Alan [mailto:Alan.GutermanCalcassidyturley.com] Sent: Thursday, February 06, 2014 1:56 PM To: Bill Cooper (wcsc1961@msn.com) (wcsc1961@msn.com) Cc: Feichtmeir, Colin Subject: GPA in Cupertino Here you go with the new language. We aim to please,,, Let me know if you need anything else or when you have forwarded the letter. We appreciate your efforts. <please forward onto Bill, added language towards the end of the letter> City of Cupertino 10300 Torre Avenue Cupertino, CA 95014 Attn: Piu Ghosh Re: Housing Element Site Dear Ms. Ghosh, 1 As the owner of property located at 1471-1505 South De Anza Boulevard I am interested in the possibility of redeveloping my site as part of the city's Housing Element program. I understand the Planning Department is currently in the process of updating their current Housing Element site allocation for the city. The zoning for my site currently allows for 15 units per acre and the proposed Housing Element program requires a minimum of 20 units per acre. For this particular site I feel it would be appropriate to study the feasibility of 25 to 45 units to the acre. In addition, I would like to mal<e it very clear that I have existing tenants onsite. I will require that any future changes to the General Plan or Zoning will allow for my current tenants to remain onsite and operational with no required changes or modification to the current condition of the property. Please accept this letter as a formal request to have my site included as part of the proposed Housing Element program. Please feel free to contact me should you have any questions or require any further information Thanks Alan Guterman Senior Vice President, Principal Cassidy Turley 300 Santana Row, Fifth Floor San Jose, CA 95128 T 408-615-3414 C 408-888-0881 F 408-615-3444 AIan.Guterman@cassidyturley.com www.cassidyturley.com CA License#00884495 Follow Cassidy Turley Linkedln � Facebook � Twitter � YouTube � Gooqle+ � Instaqram Cassidy Ttirle� ��� If you need to send me a file larger than 10MB please use this link This e-mail and attachments{if any)is intended only for the addressee(s)and is subject to copyright.This email contains information which may be confidential or privilsged. If you are not the intended recipient please advise the sender by return email,do not use or disclose the contents and delete the message and any attachments from your system. Unless specifically stated,this email does not constitute formal advice or commitment by the sender or Cassidy Turley. �,, From: Calihan, Pat [mailto:PCalihanCa�prometheusreg.com] Sent: Thursday, February 06, 2014 1:41 PM To: Guterman, Alan Subject: RE: GPA in Cupertino <please forward onto Bill, added language towards the end of the letter> City of Cupertino 10300 Torre Avenue Cupertino, CA 95014 Attn: Piu Ghosh Re: Housing Element Site Dear Ms. Ghosh, As the owner of property located at 1471-1505 South De Anza Boulevard I am interested in the possibility of redeveloping my site as part of the city's Housing Element program. I understand the Planning Department is currently in the process of updating their current Housing Element site allocation for the city. The zoning for my site currently 2 allows for 15 units per acre and the proposed Housing Element program requires a minimum of 20 units per acre. For this particular site I feel it would be appropriate to study the feasibility of 25 to 45 units to the acre. In addition, I would like to make it very clear that I have existing tenants onsite. I will require that any future changes to the General Plan or Zoning will allow for my current tenants to remain onsite and operational with no required changes or modification to the current condition of the property. Please accept this letter as a formal request to have my site included as part of the proposed Housing Element program. Please feel free to contact me should you have any questions or require any further information Pat PATRICK P.CALII IAN VICE PRESIDENT OI'ACQUISITIONS I?itOi�ii;1'r-n.t.Js�r,�r.,I;S'I"�1"IT GROUI',TNC. 1900 SOUTH NORI'OLK,SUITE 150 � SAN MATEO,CA 94403 650.931.3400(MAIN) � 650.931.3460(DIRECI� � 650.245.7582(CELL) PCt1LII-I��N�P120i�iETE-iEUSRI�G.COM � HTTP://INVEST'OIt.PRO1��I13TII1JUS1t1=�G.CO1��I CONFIDENTIALITY NOTICE This communication and any accompanying document(s) are confidential and may be privileged. They are intended for the sole use of the addressee. If you received this transmission in error, you are advised that any disclosure, copying, distribution, or the taking of any action in reliance upon the communication is strictly prohibited. Moreover, any such inadvertent disclosure shall not compromise or waive the attorney-client privilege as to this communication or otherwise. If you have received this communication in error, please contact me at the above Internet address or by telephone at 650-931-3400. Thank you. CONFIDENTIALITY NOTICE This communication and any accompanying document(s) are confidential and may be privileged. They are intended for the sole use of the addressee. If you received this transmission in error, you are advised that any disclosure, copying, distribution, or the taking of any action in reliance upon the communication is strictly prohibited. Moreover, any such inadvertent disclosure shall not compromise or waive the attorney-client privilege as to this communication or otherwise. If you have received this communication in error, please contact me at the above Internet address or by telephone at 650-931-3400. Thank you. CONFIDENTIALITY NOTICE This communication and any accompanying document(s) are confidential and may be privileged. They are intended for the sole use of the addressee. If you received this transmission in error, you are advised that any disclosure, copying, distribution, or the taking of any action in reliance upon the communication is strictly prohibited. Moreover, any such inadvertent disclosure shall not compromise or waive the attorney-client privilege as to this communication or otherwise. If you have received this communication in error,please contact me at the above Internet address or by telephone at 650-931-3400. Thank you. 3 ,� . _ . a Tom L. Hall or Eleane Hall in trust As Co-trustees of the "Hall Family 1992 Trust" 13410 Old Oak Way Saratoga, CA 95070 (408) 867-6923 Fag (408) 872-1653 j� �'������ E-mail tom(a�tomhallcpa.net ���� - OCT 2 4 2014 � October 23, 2014 . �� � Department of Community Development Planning Division Piu Ghosh, AICP Senior Planner City Hall 10300 Torre Avenue Cupertino, CA 95014-3255 � � Re: 19220 Stevens Creek Blvd. (APN: 375-06-007) Piu Ghosh This letter is to say NO we do not want the referenced property included in the City's Housing Element Update 2014-2022. It is included in the heart of the city general plan and should sta.y there. There is currently Retail/Commercial located on the property and is should stay that way. � I)O NOT include this property as Housing Element Update 2014-2022. Thank yo . `._..�' � w� � �r �� �a l Co-Trustee - ��-�-- ��/� � Eleane Hall. Co-Trustee , `�i � . � �� DEPAf�TMENT OF COMMUNITY DEa/ELOPMENT PLANNING DIVISIOM CITY HALL 10300 TORRE AVENUE•CUPERTINO,CA 95014-3255 �����--�-��� (408)777-3251 • FAX(408)777-3333 October 8, 2014 HALL TOM L AND ELEANE TRUSTEE 13410 OLD OAK WAY Saratoga, CA 95070 _ _ ,_ _ _ _Re: City of Cupertino Housing,Element Update 2014-2022 �__ _ _ _� _ __ �__ ^_ _ 19220 Stevens Creek Blvd(APN:375-Q6-007) � Dear Sir/Madam: The City of Cupertino is in the process of updating its Housing Element of the General Plan. The Housing Element is required to provide an inventory of land adequately zoned or planned to be zoned to accommodate its fair share of housing allocation. The Association of Bay Area Governments' (ABAG} Regional Housing Needs Allocation (RHNA) indicates that the City must plan to accommodate 1,064 units for the upcoming Housing Element Update. The City must adopt a California Departrnent of Housing and Community Development(HCD) certified Housing Element, which includes the Housing Sites Inventory, by January 31, 2015 (with an additiona1120=day grace period). As part of fihe process, the City has reviewed several sites within the city Iimits for residential potential.Your property Iocated at 1922Q Stevens Creek Blvd, Cupertino, CA 95014(APN:375-06- 007)has been identified as one of the potential sites. An Environmental Impact Report (EIR), available online at www.cu�ertulog�a.org, has been prepared analyzing the environmental effects of residentiai development at the potential sites. An earlier letter was sent to you indicating the selection of this property as a site for inclusion in the EIR and provided you an opportunity to request removal of your property as a potential Housing Element site. Your receipt of this letter confirrns your continued interest and the potential inclusion of the listed property in the Housing Sites Inventory list.If you do not wish to have this property be included in the Housing Sites Inventory list, please send written communication indicating your request for removal of the site by Friday,October 31,2014. You are invited to attend the following upcoming Housing Element meetings where the Final EIR will be discussed and the P1aiu1-u1g Commission and the Ciiy Council will consider including this J OHN F. WARDA, J R. Certified Public Accountant October 17, 2014 . Piu Ghosh, AICP, Senior Planner Department of Community Development Planning Division City Hall 10300 Torre Avenue Cupertino, CA 95014-3255 SUBJECT: City of Cupertino �Iousing Element Update 2014-2022 20021 Stevens Creek Boulevard (APN: 316-23-033) Dear Piu Ghosh: I am the trustee of the above subject property. I am in receipt of your letter dated October 8, 2014. Kindly remove the above subject property/site from the Housing Sites Inventory list. Please call the undersigned if you should have any questions. Ver . y yo s, . . John . Warda, Jr. Via nited States Certified Mail #7013-3020-0001-4260-7028 114 Sansome Street,Suite 820 • San Francisco,Califoxnia 94104 • Tel 415-398-1512 • Fas 415-398-3075 �sy IRVINE COMP��NY Since 1864 September 4, 2014 Ms. Piu Ghosh, Senior Planner City of Cupertino 10300 Torre Avenue Cupertino,CA 95014 Dear�Is. Ghosh, The intent of this letter is to reinforce that The Irvine Company(TIC)has a strong desire to plan the future redevelopment of the Hamptons in full cooperation with Apple, including but not limited to security, height, landscape buffering, and amenities that could serve possible future Apple employees that may choose to reside within close proximity of their employment. From the beginning of our dialogue with Apple,we were encouraged that providing additional housing near the Apple Campus 2 (AC2)would create an opportunity to reduce auto trips for employees living � within walking and bicycling distance to AC2. In fact,the AC2 EIR includes a mitigation measure, which requires Apple to expand the Transportation Demand Management(TDM)Program to reduce traffic impacts. This TDM Program expansion requires implementation of TDM measures that increase Apple's non-single occupant vehicle mode to 34%at full occupancy of the site.The GPA's proposed increase of housing units for the Hamptons site will provide a significant increase in housing within a short walking/bicycling distance to AC2,helping Apple achieve this TDM requirement. Recently,management at TIC were surprised to read the letter Apple sent to the City, since prior to that, the two companies had an otherwise amicable and cooperative relationship over the years. That cooperation began with a significant amount of coordination between TIC and Apple during the period in which the AC2 DEIR was being prepared, circulated for public comment, and certified by the City of Cupertino. This coordination took place between 2011 and 2013 and culminated with the execution of two separate agreements between Apple and TIC(a Land Swap Agreement and a- Construction Impact Mitigation Agreement). During the winter of 2011,Apple approached TIC regarding the expected need to mitigate the traffic impacts associated with development of AC2. They expected that EIR mitigation for the project would include the widening of North Wolfe Road between Pruneridge Avenue and I-280, requiring right of way from the Hamptons. In addition,their proposed AC2 development included the closure of Pruneridge Avenue between the Hampton's access and North Tantau Avenue.Apple communicated to the Company that it was their desire, as well as the City of Cupertino's,that the Company and Apple reach agreement on this North Wolfe Road widening and Pruneridge Avenue closure prior to the City Council's approval of the AC2 project and certification of their project EIR. 690 N. McCarthy Blvd., Suite 100 � Milpitas, CA 95035 Over the course of nearly two years,Apple and TIC resolved a number of issues to address the impacts associated with the North Wolfe Road widening and the vacation of Pruneridge Avenue. These included the design parameters of the North Wolfe roadway widening(i.e. number and width of lanes),the design parameters of that portion of Pruneridge Avenue that would remain between the Hamptons access and North Wolfe Road, review of future landscaping plans for the edge conditions surrounding the Hamptons,trail and sidewalk requirements,and right of way compensation. These discussions concluded with execution of a Land Swap Agreement between the parties in November 2013 and eliminated any need for the City of Cupertino to use its powers of eminent domain to acquire the needed right of way along North Wolfe Road. In the end,TIC agreed to dedicate access to Apple, Inc. in a Land Swap for the price of$100. Our cooperation also went beyond the issue of required access. In May 2013,the DEIR for AC2 was circulated to the public. After TIC's review of the DEIR,we believed that a number of environmental issues had not been adequately addressed. TIC informed Apple of our concerns three weeks prior to the close of the DEIR review period.Apple requested that TIC and Apple execute a side agreement to address our concerns in lieu of submitting a formal DEIR comment letter to the City of Cupertino. Over the next three weeks,we engaged in a series of communications with Apple to discuss our issues. This coordination culminated in the execution of a Construction Impact Mitigation Agreement between the parties in July 2013. This Agreement dealt with a number of issues including: • Commitment by TIC to not write a DEIR comment letter • Spillover parking into Hamptons • Maintaining emergency access to the Hamptons site at all time • Uses pertnitted in nearby Landscape Maintenance Building on AC2 site • Noise limits from Centr.al Plant • Limitations on use of Pruneridge for construction traffic • Weekend construction impacts,Dust control • Design of temporary noise wall and Lighting shields Despite TIC's general concern about the increased traffic associated with the AC2 project and the impacts associated with reduced accessibility to the Hamptons site caused by the closure of a section of Pruneridge,TIC was willing to work with Apple to eliminate the need to raise concerns during the DEIR and hearing process. Even though our residents are inconvenienced on a daily basis by the noise,truck traffic, dust, and general inconvenience of the construction,we have honored all prior agreements. Now,as we explore future redevelopment of our site,and prior to filing plans for a specific project, Apple has expressed concern in writing to the City, and also testified against redevelopment of our site at a recent Housing Commission meeting. We wish to assure the City that TIC is willing to reduce heights to 60 feet along the Apple boundary and will design the future proposal within a 60 to 75 foot range with taller heights along the freeway and stepping down the heights on Wolfe Road and along Apple's boundary. With respect to Apple's privacy concerns,TIC is committed to incorporating appropriate setbacks, landscape buffering, and design features into the design of the Hamptons redevelopment, in order to respect the privacy of AC2. In fact,we have already engaged Apple's landscape architect, Olin, with Apple's pertnission,to assure Apple that we would plant adequate trees and foliage to screen and buffer views from AC2 to the Hamptons site and vice versa. Regarding traffic, it is worth noting, a positive community benefit of redevelopment of the Hamptons, is related to Section 3.14 of the Apple Development Agreement. This section requires their payment of $1,000,000 towards a transportation study of Wolfe Road between Homestead and Stevens Creek including widening of the Wolfe Road overcrossing at I-280. (Apple told us that they had already paid the City this study funding). However, subject to the outcome of the study,the City and Apple are to determine funding options to implement the recommended improvements from this transportation study. One of those funding options is recognized in Section 3.14 to be a Mello-Roos Community Facilities District(CFD). Further, Section 3.14 gives the City sole discretion in making the findings with the study and the funding mechanisms. In light of this requirement, any development in the Wolfe corridor, including redevelopment of the Hamptons will necessitate the preparation of the Wolfe interchange study and will kick off the process for forming the potential funding mechanism for the improvements in this area.This is a positive benefit for the community as the Wolfe interchange is in need of study. TIC recognizes that our project, should it move forward,would be subject to an appropriate contribution to this funding district. Our goal is to continue to work with Apple on a myriad of issues that require cooperation between our two adjacent properly owners, and to do so in a professional manner. We appreciate the considerable efforts of the City to develop the General Plan Amendment,Housing Element update, related zoning changes, and EIR, as well as your consideration of the facts presented in this letter. Please do not hesitate to contact me should you require additional information. Sincerely, �['/'r/�����,�'-`�� Carlene Matchniff Vice President Entitlements&Public Affairs The Irvine Company cc: Mayor and City Council of Cupertino David Brandt, City Manager Aarti Shrivastava,Assistant City Manager&Director of Community Development / � P R 0 P E R T I E S December 1, 2014 Mayor Gilbert Wong Honorable Members of the Cupertino City Council 10300 Torre Avenue Cupertino CA 95014-3255 This letter is sent in advance of the December 2, 2014 Council Meeting at which you will make decisions on the General Plan Amendment,the 2014-2022 Housing Element, and other related issues. KT Properties, Inc. is in escrow for the purchase of The Oaks Shopping Center, located at 21267 Stevens Creek Blvd., City of Cupertino.We expect to close on the property in early January. We appreciate the fact the Council is most concerned with focusing on the mandates of the Housing Element at this time. With this in mind, KT Properties, Inc. asks that you strongly consider following the Staff recommendation that The Oaks Shopping Center should be the Priority#1 Housing Site with Capacity of 235-276 Dwelling Units(Balanced Plan and Alternatives B and C). Our firm is prepared to construct a minimum of 235 units of housing on The Oaks site. The location of The Oaks on Cupertino's West side and next to Highway 85 reduces its impact on the city's older neighborhoods. Its proximity to the Mary Avenue Bicycle Bridge means that residents could use alternative transportation. Finally, we believe that the distribution of housing sites throughout the community will alleviate the concerns of those who see too much construction in the Wolfe Road area. We are looking forward to working with the City of Cupertino to repurpose The Oaks Shopping Center. With this in mind we are interfacing with future users for the balance of the property, and look forward to discussions with City Staff as our planning process continues. At this time, however, our focus is on the important role of housing, and we ask that the Council approve the Staff recommendation for our site. With my best regar , �� � Mark Tersini, Principal KT PROPERTIES 21110 Steuens Creek Bouleuard,Suite 200,Cupertina,California 95014 408/251-21 DO•Fax:408/255-8620 �; IRVINE COMP Since 1864 �ECEIVED February 3, 2014 FEE3 X 3 2013 BY: Ms. Aarti Shrivastava, Planning Director Department of Community Development City of Cupertino 10300 Torre Avenue Cupertino, CA 95014-3202 RE: Request to consider 19500 Prunerid�e Avenue in 2014—2022 Housin� Element Site Selection Process Dear Ms. Shrivastava: On behalf of the Irvine Company, we would like to submit our property located at 19500 Pruneridge Avenue in Cupertino for consideration in the site selection process for inclusion in the City's 2014—2022 Housing Element. Founded in 1864, Irvine Company is a privately held diversified real estate company, internationally renowned for its award-winning, master planned communities,vast portfolio of high-quality investment properties, commitment to reinvestment and leadership in conservation. The Company's growing real estate portfolio exceeds 100 million square feet and encompasses office, apartment, retail and resort holdings located throughout California's premier coastal markets, including assets in Silicon Valley, Los Angeles, Orange County and San Diego. For more than 15 years,the Irvine Company has been Silicon Valley's premier provider of high- performance workspaces, resort-style apartments and retail shopping. Our legacy as master planners has uniquely positioned us to grow along with the community, anticipating the needs of each of the communities we serve. Irvine Company entered the multi-family apartment industry in 1969 when it built and opened Mariner Square Apartment Homes in Orange County, which it owns and operates to this day. Over the past 45 years,the Company has become one of America's largest and most successful developer/owners of luxury apartment communities. Today,the Company's portfolio totals nearly 130 apartment communities. The Hamptons The Hamptons is a 342 unit apartment home community located at 19500 Pruneridge Avenue in Cupertino. Situated on 12.4 acres at an overall density of 27.5 units per acre,the project was built in 1998 by Irvine Company Apartment Communities. The site layout includes a leasing center and 10 separate, 3 story on-grade complexes with surface parking and carports. A few of the buildings have 690 N. McCarthy Blvd., Suite 100 � Milpitas, CA 95035 19500 Pruneridge,Page 2 tuck-under parking. Unit sizes range from 753—1,387 sq.ft., including one and two bedroom units, and two and three bedroom town home style units. The Hamptons site is in close proximity to The Quinlan Community Center/Memorial Park, and is located within walking distance of a wide variety of local restaurants and stores.The site has convenient access to Hwy 85 and the I-280 and i-880 freeways, and to the Lawrence,San Tomas and Central Expressways. The property is also convenient to Vallco Fashion Park and Cupertino Village. The property is located within the Santa Clara Unified School District.The community currently serves approximately 55%singles and 35%couples; approximately 31% of residents have children. Many of our tenants work at nearby Stanford University, Kaiser, HP, Google, Fujitsu America and Cisco. About 20% of our tenants work at Apple Computer. Directly across the street from The Hamptons on Pruneridge Avenue and along Wolfe Road,Apple plans to build a sustainably designed,state-of-the-art office, research and development facility known as Apple Campus 2. The 176 acre plan includes a main campus of 2.8 million square feet and an additional 600,000 square feet in a second campus located immediately adjacent and to the east of The Hamptons. Apple Campus 2 will house over 14,200 employees. The plan incorporates a range of TDM measures, including reduced on-site parking(a total of 10,980 parking spaces,for a parking ratio of 1.29), a comprehensive shuttle service program, and an extensive pedestrian and bike network. Land Use Framework The property is designated High Density Residential in the Cupertino General Plan,with an allowable density of 20—35 units per acre. The site is zoned P (Res)-70/PD. The maximum building height allowed is 60 feet. The General Plan identifies this area as "Special Center--Vallco Park North".The Vallco Park North planning area is approximately 240-acres bounded by Homestead Road,Tantau Avenue, I-280 and Wolfe Road. It includes the 100-acre Hewlett Packard campus, 50 acres owned by Apple Computer, Cupertino Village shopping center, and other hotel, residential and office developments. Vallco Park North currently has an allocation of 851 housing units.To date, including The Hamptons, 554 of the 851 units have been built (65%), leaving 297 units remaining. The Opportunity The Hamptons is a modest size community given the scale of the property on which it sits. We feel that the property is somewhat underutilized and therefore lends itself to consideration for greater intensification through redevelopment. Moreover,the proximity of the site to the new Apple campus affords an extraordinary opportunity to place new housing near a keyjob center, as well as to create a signature project that complements and enhances the City's vision for the area. A new community on the Hamptons site would be a highly desirable choice for Apple employees to live. The site is perfectly situated to bolster Apple's robust TDM program by offering immediate bike access, walkability and convenience. The attached images from Apple's development plans show the un- paralleled location of the Hamptons to Apple Campus 2 and highlight the unique opportunity to create a socially and environmentally integrated neighborhood.At its closest point,the Hamptons site is just 200 feet from the Campus. 19500 Pruneridge,Page 3 Housing Density and Intensity In order to warrant redevelopment of the site,we would need to achieve a minimum density of 65 units per acre. However,our preference would be to go as high as 110 units per acre to maximize our ability to meet the needs of Apple and other nearby employers. We would accommodate this density through well-executed wrap or podium construction. Irvine Company planners will ensure that the architecture has integrity, is appropriate and complementary to the surroundings. • 65 to 110 du/acre • 806 —1,364 total units(464 to 1,022 net new units) • 5—8 stories • Height limit of 85 feet,with flexibility to go higher after the project is further defined, as appropriate to the site and neighboring uses We propose to address the affordability needs of the community either through onsite BMR units or an in-lieu fee as agreed to by the City at the time we redevelop the site. Design Compatibility Irvine Company adheres to the principles of classical architecture,which gives our communities a sense of timelessness,ensuring they age gracefully and never become outdated.As an owner who invests in its properties for the long-term,we place tremendous importance on enduring quality, innovation and sustainability. Our new home communities offer rich amenities, resort-style living and a strong sense of place. We recognize and appreciate the unique architectural and ecological concepts represented in the new Apple campus. In the proposed redevelopment of our site, it is our intention to develop an aesthetic that is visually compatible and does not overly detract. Though it is premature to discuss specifics related to style, materials and color,we would discuss a variety of design approaches with the City and community to ensure an overa(I holistic vision for the area. For background information purposes,we have attached some imagery from a few of our recent projects in North San Jose,as well as an overview of the Irvine Company. Thank you for the opportunity to present The Hamptons site for your consideration in the 2014—2022 Housing Element site selection process. Please feel free to contact me at 408-957-1226 if you have any questions or require additional information. Very truly yours, The Irvine Company , a . 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Business Center and (5) Swimming � ����'��.�� �„`ti::��--� Pools rw _......._._--..__...--._------------- }�'�* _' - Mdf� Crescent Village _ � "� �.1 a{_ '�t 4� F � x "� �.� � �' ',;� � � : ,,�a + , � � /� \ `� � � 5��.: �s����'���,. [ � k 1 �'��.CY"�.dE�^��iM��.' 11�1�ti,`Y^. . �� �' � � �-."* ^ .��: � _.�_.�'� tt� I 7 p�.�� '..` �,.ti�4�b�� �wt�+s awry. i� . .g.�,� +�cti..Y, �'r. �� .� � a ���. . � � ,, _ � � , i��,��� � ��, ��. .� � � � � �' i ii , .. , . � t � ,� �m� , . 0 � ..i _ X�u . .°' �� :• .. �- .. C: � Y4 � t! --T .. ; _. . .-�;..: . E t ,�' , l.�. �j; w '1" t��i � „ .� : ... , �� �.....t4�►�:. "'-� ; i:„�. �� ' ,, �� AY t�... .i 4�. - �. Y .�. 1... ... ;q� Yi'ii R�3�1"� i � � �� ¢�*.. . . _...: .L ��_ ��31C��y.:r''2:i�c .eMf.'i ...�� ��!,�,,. � . £�r�.:��=�='�'` � �� �# �� '� r —�---. �` �.,� ,���,��,��,i�� �{:z�Y i �S�i.�i, � �� p`•� �"�^'1r_ .:. r i .� . "�'�. -��; •���e,Jk '� ,�s�i.w.u•*d} - \� �,�.....,� l�'{�'�r�`��� �'������Y`t i �m�. -----,_. _ _ ___ _._ __ ... . __ �,��,� Crescent Village �� � �� � � _ . _�,. ,�_,_. �� � � _:�� �H .,� ao[]C7t � _�-� _ '.��� _.�- � z� � '�N�.�—�`_� . ,�� t� :�. . � �r I � �` "�r• f � � ,. � i „. M�: . ��� ,1 S � ��..e�+� �"'�+�������� �� .�,� �� "Ts== �+� �. � ,'" �_ �"� �'� � ,"�-. Amenity Spaces �',�,� ` � ��;� , d 4 �a `� `i�r - - — '�si Crescent Village — River Oaks Park �� l „y t V�1. � 4 .-.'. ��� v� ���d . ,, Z'tt. �'y . �.. ... .�v � ) 4� �,��,i, `e �� ''F ' '?{� ' . �i �`�,� Yr'r. }� rL.+! � Ci'�='w,�3 ,: 4 �-�-4 —° � : � `� � '..,�� M .� :a��y ��., � y� ._ � �`.� t �•);.q ? m�y��.n {' ���� r �G� Y cp ? .�.. ���' ,!r _,�.��. 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'� �'� ,n� , r >n a� t� '4" r' � ��� � ��` ,' � � +�s: �S „�`,j � � � yV rY � Y i:! � '� .., t ia� '� ys �f'� �,(�,Fµ r.si'.. i'.N"'Yi'�..f5 Y� T � y+�tti�c�'a�4 a `b �'' � � y�,"''�t"e rP.��'��` .�,a �.�._ � � ; *;�5� w '4 t . n� * �., 4, � y �R_'� k 0 �- �-. c.h"�;D � ' �i4. .Y.,.�'fn. �- �._ .a.�$.b.r ..�.Y3, � M "' +�� t Verona (River Oaks) — Project Information �?p��' �� , .. • Acres: 8.1 acres ���:�� • Number of units: 438 °; � • Density: 54 du/acre �= _ ��"� �,�,, � • ��_� , �'� W • Amenities: Clubhouse, Internet Cafe, # �� ;;��,,� Fitness Room, Wine Room, Yoga !� � ��'�� :�'� Room and (2) Swimming Pools `'� ;�� ,,,,� • Start date of construction: 10/2012 .��,'�--'' � ��.�'�. ;�; • Estimated completion date: 05/2015 � � < �j' :, .,�,� �, . � `a4 �+•riit. r'" . .;�� �-� � 'r',� ����.:� .. ------------ — -- .,,. .,;� Verona — Site Elevations . _ _��_. . �. ��, �+ '' iI �� �� � � %■ 1� [k � � � �� �� � � � � �� � � Q �� � � � �L � �� � �� �� � �� a ■ ■ � ���.,_��,� � ■ ._ � � i�� �f� fi� �1 �t -� 1' `� �� � �� � � � �fi - _____. .�..,,,,, ll � 8 � ip�� 1� ,. : � H ` H n ���� � �� � s � � l��r �� � n ' i� � � � � � �d ii ��' � � � '�� ,� � � .mm_.�._■ n ' n � �[e `� � � � ' ii _'�' �� �` ' 1�` �C�'�� i�! � �c��� ,. - — •a:� Brandon Park — Project Information •Acres: 26.8 acres including the park ����'� '�',,.""""""',�"`'�`�" "};t;, ��p 6 � � 1��`, 'j.�, �Mdl'i: � and streets ; _ �r ', y-; ,_ ti • � �, ,��� „F�.:,-. :rw '''i ,a��vG',,. � . ��Y ,.. `j�. i,'f^�r%. •Number of units: 1,308 � y�� ;, s �a.� �y . ...�. .!tr....i�r4-,�+.�� ��.._ - �} •Density: 87 du/acre �'Z� �':iiu3�3:��::� '3::i:l:,:i:;::�ii: . �_, �� �.N'l�f�Y{�I�f �.ti 14a ���,4�4���f��♦ •Retail square footage: 25,000 gsf � �"";, a � '�"' � �• . .. •, �.._� y K + :n��y �� •Amenities: Amenity Retail, Club Room, ''��� : i. ,". ' �� ;4 Wine Room, Yoga and Spin Room and �;� : K , i, •;:t :4 . .� _ ., (5)Swimming Pools �'� ,: �,•,;w�; '�535�539��+ S 1 �i�Nlitnyll iiii •Park acreage and amenities: 5.2 .�' '"�' I; .. . , � •Start date of construction: 12/2012 •+��• •*�•4. ; +:_... ',...J; . •Estimated completion date: 03/2016 �; .. .;,. ----- -- - ----- - �.�' Brandon Park — Site Elevations ► Parcel 1 - Street View �,-= n��� ������� .:�� � �� ,{ ���. �—_ ,.,, � � �j .. 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CALI FORN IA'S PREM I ER REAL ESTATE COM PANY �,�,�� ���'�I",'i � „ . ,., ,, COMPANY BACKGROUND ��.�� - �.��.;� � �.�� ,� ;�>a s, - � . , ,. � , �., �. ::, ..�� � . �, . ,, .�.. , •:, •�,.+ a�, "`�� °x�" ',� . . G ylwv T�`'W � � . ., „ � � .. . .. �:�.:, .w,g.• sT. "`W�. . 'e?� . „. .w" µ . . . , �..� . .c. . ' '�y, � � , . �f�. . . � ..:.a. i ,.a { �'� ..�'':by � 4':�y� � . . ��' � h� � • . .,n �,� � y t�.. .. n ..I^,.. 'r � n ' �� S. s �.._^� .� '�c � -t. + ,r_ ''I �_ � . •_, � r�,�1rtii��11 �� ,,,�'��"'c yw^�. �,., � .� -n^ .,• � � _ {""'y"�.�m L�'" s�i1�� + _.- ..�x�� ,�"�.� 'r.�. ti-� 4»�.,^ >.�+&d.. �3rt. t ".M",� .y s.t.��"��.,C ' �z�r-'c � tc,,.;5� i �,� � -_� '. �" �. � ..' _. � ,cr v..i..� -ar � Y�a...r ..,,� + � >� K, `� ��'� � di�, .�..,.+y'_ . •` ����=�#'�,�,. ..i � � �' :�ac. � �,� i �rJ-�6yr,.he i: f;� � ".� '��"��� p6:i.. 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' _ v'r" b7� .. ,�. ^.-- . a �+��_.._� �. ^ ..A.� , > '�+�1 �� ��x�".�3�� _ »u� . �• � . . �i��� • __.�«..._ � ..�'C TS � .�„ , ..,. .�► . - �-��' e�,'��� ��a ,� ��, � ,. , � - _ �y�� � , ,. � � . . , , _ . ,�4 _ • ,,� � � .c .e^'',lL�K .'�.... . .�ai��:. ; �'�� «'" � ` t'«``��� l 1.N e���{� . r c. , .� � ,. . � , ' �� J�i�� y ���= ..��� r � ` � .,., .,_ a., .. • ' . �� , ::� - ---- � . �- , �- _«......... ' .'^ l " , �. _ . ,_.__.....`. _ . _�.. . .__._ � . . - � .. , � :: _ ..:� - -__ - . � `�'Y n.... M S .�i�� .a � + �• . 4 �a�1�Yi����� � r ��' ��;,��."Y"A }i� �"��� '� ."t*���.: n �.. it .l.. , ' y�.sr. °1 �. :�j%�..+t_,����.�.���� '�� � �g. +�:6 ;; ` „���-�s�,t���'��� u,��'' t} �f.��_�t �-.� .� re,.�.t'"��s'�+Sf r�,��'�. ;��'r�'��'�� .a�r�.', r jt�''.d ' �j�NS."'�"� �Y'�r s�,' � ..� � d ������j�N'""'�.���',. a1���:�.-° �;A.. • ,*t.,"�,� �...� *��a�is�o-'ti�nl,��-s:��� ,�.y ,F �������� . �y� r ��t � . . j •3'4 �� ,�.� » . . A �. ,�r" -�"s.�.�. . j Irvine Compam is an intemationally renowned real estate development company known for its award-winning master-planned communities, its vast portfolio of high-quality investment properties and its leadership in conservation and natural resource management. The Company's growing real estate portfolio exceeds 100 million square feet and encompasses office,apartment, retail and resort holdings located throughout California's premier coastal markets,including assets in San Diego,Orange,and Los Angeles counties, and Silicon Valley. � . ... �' '������`�L���" �`'v ,....,, �� �r�:��' �� , , � "`� •�M1�';- i�j�'i�� 4w:.kaaM� . ��r � �". � ' .M�. � � }, r.� .. i �� '- ', �`��+t7. �r° �'� t � �,� .,�_. �.;- a� � %:' � . . 1 �t ,, . . ' V � rY i�'-' a}'��r r�.�`_ �# a R���`#: �' � �� 4�p',�•' .a �,�� ,���.��� �,�L.�. �a��� � � ;i _ . � :� ,�'-:�r=5�' � _ {. i N J. � v l 1 41 � � � � h��R�, .g�. ' +�J � .. t� i.` !f 1 .��� ..,������ 1-/ . .. � .t'. • � � } . � t° • w . . , . � . � ��,, t. � ?�,__ � � .. �. .. , �__ . .. ! '`,�.. �: � , . . '�"��a�` �w �y � a�,*ks'�"fi �.y.'Y� •t . . �i� � .. .. . � 5 k� t t,. :f' . ' y� � . ti(i. .� ���� • .F � � . ..�' ���I P � , � x . A ���, � c.. , „y ' ' "'�� � .. � ����1,�+i��_, �x,c:k,c c+�� - �. a-" . �� � � - �� � �� � . , . `�!'fy .� Y �_ � ., " �_�-. r ..�' � , " �.�+�4.��as : � ' !y�`'� }'��' :i. ' 1"� r. . 4l }"�L�� '� --a L, '".". ��:� � �-��, � j *.R � ���'V��`�,�t`. , �� ' � �� �'�'�., �� �'4',�� ',' - F�°'�'S`° ` , � � .,� i ,m � �rr,�. -�f �: .."'�,� t' . _ � i � �*' � ,µ :a"�"LL M a *� ���.:� � y�� ��} �i' ! s�: . w�9.�;"���3`1�3��� Y.,�2"fL '�.., 'l���H� �YvT.:T���4�':.���41CYIft%���1l�. .... �� I iGILIFORNIA'S PREMIER REAL ESTATE COMPANY � 3 � �����k�1 ��7����k�:��. PREMIER COASTAL MARKETS �����������`�.���� �� a�,K �,�. . 'i: xr.T'.. . .N' �t �f.r s'»'Hlenel9"�F'.� �` . ' : / p . fd,l,�,. � f� �'��. / ^��-r'�✓ : � � � _� �� ���'' , � �� ��;; � _��� � � ,� 1 � �.•., � i S �4�P 1 ^q� V� y 4 �- �� ' yj�1 ��' �1'�] I •; .._.. a��� ;� � � ..�ry� ..� ��+ , F . j ! � �` 3�. � � � f , � � � ���� � i � ;� , : ` ' � ,� � --- � -9 � `� 'f ���� � � � �-� � .°� :�:►��. � �x � , � � , p ,�.j , .......� ._.. ,�,�;� ._.�.: � ,.` m.ar-9�i�R � b w � �y x� . e...,. � 9F� � �� i !Y� ,t``'�� � {�� ��� `""'h � �';. -. `:. '.^�S...e .....�w � .�� J j ,.r L.��. �. �ta�a< -�. �'. : ._. ,,,__'_...�..�-._�_, k t ' ... � ��E'�`��1�x:a�i�i•w..-�� r. > F���� �.. � ,��` °� ' �.- .._ M • ����� � ».ww .�. ,•,�?��*- ., _.�;.� � �* .�,.�� �,��It « �•w,,t� � '�,b � W . , ��� ,, �',�. � ..._ v: . f��, �� ` �:N �� :. �, � �` �- - ,d�'" �� . ���� w�" ;�,�,�': � � � ��� � i��..,�., ..... - ,�� v�.,� :�`�'"`��� _ .� ��� _r� ��;, � �.�...� � �� �� :�:�. � . „-- � ,, ��I� y � .� � ` ��'� l �, 'i+'�n'Y"'°`r'�y'y-'r3"�=;-�;.,,. l... -- �� _..m [1[.::�'�l i.�� �k�'�� � � ,. .�`"^�'i..r,.^.'",� �r.,, . . . . ... .. . �-_- ---�-1 � � '�- � _ .. ��, ---� ; �..`, �- � µ, � .� � _ i t� � � .. .` i � �� - .snK irv����d�; � _ _ _ � �:. _ w, , _ � e - ; -: �l � ,p .. ��� . � ' ...Ji �� m � � � t` _ .:� ^_�' __ „�^ ���, � ��r---'� (}\ \ Orange County rtit_ Silicon ValleN y�� \ ..y 4 Although the Irvine Company portfolio spans from San Diego to Silicon Valley,the heart of this coastal California Company resides within The Irvine Ranch�—the Company's triumph of master-planning. �1 i \ Encompassing nearly 1/3 of Orange County, �� L the 93,000-acre Ranch stretches from the �,. `tr* � edge of the Cleveland National Forest to the ����.$e�_-�;1 S Nacific Ocean,and includes a finely balanced F,r� t�M community of residential villages,vibrant job Orange.Co�nty "�-� � � centers,attractive retail centers, outstanding � �rR schools,abundant parks,and 50,000-acres of SB�DIegO �i�� ��-�� protected open space. � � L CALIFORNIA'S PREMIER REAL ESTATE COMPANY � 5 I � ...n*++..e GUIDING PRINCIPLES ,,—� � ��'., t � � ;� ^ ^��^ �� -� �. . mm ,, a ;� r � *��,� � , . � P : , � �et �� �` ��;* � � >d:`�t���i x-;`,,. _ �� �.`�t �� ��' �y� � :�k � � ' �� b,; — � r ` � a !'� 1 , � �; " ����. �i s ���! 1 : '�,� .� ..... � � � � � . oa � ,� '�pi e� - r 1 y . ���: � �';� �� �£'� � F;, �l � �.'� . . �`.�.� 1;,.� . .._ a . sf�Y ��'�: , .r, '�'�'. �;:�, T� � �,h � � , ` �� ,� . � r' � i� .��.i �' .�. �g � £ -... . .._ . __ . . 9 �, . ��. v� .� F H `,: a ��� � � �� � � � . t w �,� , _ `��', i��i � ;, �� r ��,�. . . � �'' , ' , �. ., x +�� ��x� '�'� ������:� .� ��� ������� ��t: � �:�� ��>�+ << ,,�� �`� �� �� � �� L� ��_ �"� ¢t����r� �� q '� � ,<�.�: �, .�'� � � �� � �' � '�5 di�, t��Sn {i` 4�j�� �� � r� ♦�a 9 ; � t r� m � �Mt- � �,, � �;�" # �� � '� ��"`��",� ��r �t1��� � yy � }� k' '+! � � �e�r.'4 "� i� .e� r i Y � 3..�i� �.�, f r , t �` �Y� i a. /Yii,!� � ��* i t, �' � �1 3� �".�;4 r��� ,�f '�4�� A� ����t,- � ` ,` 'i ,� '� � ,y � y "�F`'- ';� ti ,'-. � �, ' . � � ` f !�� �' ,�, ��� � �.��� :r�, -k a cr t �t +.� ��� d � � �`•. k�d =;,` `�ti. � :'L���•: ��,�'t a;����=Y $: � `,,,m�C ��a- � 0.��,�''.. L }� � � ���' ,a,* � � ,�� � +�Y , �oY '�,�� �' $�,'^ ,� �,.s � � � � ' `� ��' � k« � X{*'��,m���e r` y� `� �'- �;��� �, � �� .�; *i �R i': � � 't ��.� ��� ,�av.e. � � ��`�' � '���: ��;, w � � . ♦� ; �,y � ' ��� :y.r., } 2. 4 ! .y-s¢i�� . .,.. �1 � .�._ �. a, �'9 . ��q ;.+v:� F^A�r�:- . � , } "A."��� . . . - r.j,. � � .. " e 't �� "` _��'C7 ��� r '"4 ���� � � ; � , t �. � { � . ,, r . . �� . . 1 ,c'. �� � 1lPMY'k�:"� e � i '�,ws,« '�`i ~�y� ri�� s kw� t`�� , ( �+� _ 'Y.s�"B: �`��aL�� `d� t�` ��' �I� o� � � � �� ` ��bi Y� '�}:� €�'��1�y�}�*^ .i». ,. ._.,.�""�Pu,.,.� , s$..,•i.i :• � {�' ���:�� 'C S�cY, \ � f� � ! � �r ri� V ti � . .��i� ¢.'� � ..'''°.v ..itlfllfl�': + • , '.,Y : � M,,� � �,�� -s._� � ��,��� ,�. . ;"' c�%?';,"- ��,'e tocus on long-term master planning and attending to � � � � '��"*�,� �� ��' ��' � every detail. *�; p + . � � �� ��� � x,;# ��i.; ��� �� �`�t��� �a� "` a � '�' � �' :�;�•�' '�., 'a�� �' '�"' '�,� ',nti;;httul�tt��t�u,Eii�iE�� r ,�� ; �� • �-, t We care for the land both that which is developed and ' �;'�� }� y that which is conserved.We svive to build and operate our ` � �� ' �.' , , properties in a sustainable,environmentally sensitive way. _ � �.��#,'t � • �ri�� �n Traditiu�i�. � +�,�:�� ; We appreciate the heritage ofThe Irvine Ranch`�,history �R, � of the company and the land it owns,and carry those �'�'�'°��r- �- �.� `'�;�,"�ria'� traditions forward in the operation of the company. ' tig;lw:�p.i_. � t '���-t . �,.'t� �����;`��i°�� �` qlii�,�l CuriducM: I ° � � �^� ;�-"�`^ +"- ���`�>� We are honest in our actions and follow through on our �` '�' commitments.We make good decisions based on long- � � "'�'fi��� .<,Y;;, - term goals rether than short-term gains. •���"5 � �r��� �� � '�p � . n � yceptiu��a[5ere�ice: � • ` ��,+".;�' � /! � We strive to exceed customer's expectations and provide �' ' � :� `y�s;� � � a;,, �� the best service possible. � ���� � .,. � ,( �,,, �, � .� �' '1 � � ��� -.>��r �;1 � ' �� ��II��h�ir�iii�.i�CiPirtr��l,��;> ,;,,��,� ��� � �� `:'� We are acUve,involved members of our communities �r--- yP"f`},' •�� ', .%� and strive to work with stakeholders to address key public I �;� � �1° � � � ; }.k; �.} R b 7�' � policy issues and to meet critical needs through our � � � -`�►]," � �' �`:'� •'� +r:� philanthropy. i CALIFORNIA'S PREMIER REAL ESTATE COMPANY � 7 � � _ PLANNING PHILOSOPHY � �-�- -. - .�. - � �x. -.w �rc�... � �,.� �- _ � �� �� � s , � � �� ��� �� � � � � � "'�`' ��� �. ��; { , ,. . �t- � ' �� �' LL� � � ,,�,�,�� � � �, , �: ° � fi �? '! s � �. '�� ;' ' < � � ��Y � , � s ^ ` � � . . b y ' a.�.�- • k ^;1;1 � } 3 i�: � � �y�-._....._. .... �� .,��: � j: ,� � � .�S i ' �� F`�',.` �i��ee �. ; �'� � :� '� :,:�„� __ ! � _ ;' �v � � _ � A. ;a ;� � 1`�4�m .,� .% . �l •c�: ���;� �4 �- f� +� �.��.,�,.�' ��� . _— - ��'� � i s i,--, `�"'_-` '� � n.� � �� � � �,� � � — � � F S :T;::. ( < /.. . . � __-�._ � .. t f " �� `. �,f�, � _ �' + � � ��,� _ �.�, ... ,� � � a t , ,�� v�,, �. . , . r �� —�__, �.. .�, _._-___�____�___�< ``� k �,.�� ��� , � n , ` �, .,_ '� ��' " ,� -- _ �,�;� �` �����t � �.�'` �;.,< , .,��: 4„ '��' `��j # . � , y �� ��y�� } �4g�b `�wf S��,,� �'` 1 � ,,. . . .. . . . :/;i�: �°..�i� A ;� ,'��t��,�°t _...e� . j� , ,�..:t�,:: �a , �tz�,�1�t� ,,���. ��z� ,.. _ �� �::a� • Focus on premier markets in California. i°"+3?�'4!0.'"� �:.l�f"�,.�d.�w� :n: �am� F�w,;,v.j, 'w' { '��-`��-,,�y�,y, ;-:.�•;� . • Diversified product types to fit the distinct needs of customers. 3'�s'I�►�.c.,t stK.�i_,,�i�/tl1/�"....'� •r^w.�IM'. �'' ;a�p��, :�, ,•� •„•� • Innovative floor plan designs based on consumer research and t ���{ r_!'��v�;,,;. ' �r� ;� market trend analysis. =�'e _'� ,� � �6.�.ds �tiy �� � • World-class customer experience and service. � ;..- �i�'�'c4ry � y.�. ff u. �.:.:. �`` n � '+ � , � ,��r ; ,� �� . +�r11t11tlill���-Cl`tllfllil� ti`d.� � ��,,��,�. 'r�":y►' yf �.��,�;�. s �,�',�„� ,'4'_'�•.�^" ""�����v • All projects are designed to complement the community and 4.;:�' � '' i+ r ��",t reflect a balance between site planning,civil engineering, ,+�• ,.��' 'a��� ;� '+ ��,�, " 7 landscape and architecture. • Residential areas are planned as diversified"villages"with � �. + distinct character and identity,offering a variety of housing ,p�:Ft � types and recreational areas. ♦ k � �w ''� `�� • By design,the communities include a ful)range of housing, ''� 4�►,. . , , -,',� , where residents can conveniendy walk or commute to nearby � + ,�r t� " �`^� ^, retail sho p pin g amenities,work centers and recreational �c,�r _ . r.� � ;�,` ,�;�-,�� ��, �� �� ��' activities. . F ` ° ,."' � "�' `� �� � � ��,� �.; Lon;;-Term t'i,i�in � � «, ���j� ��"��w • Provide balanced,sustainable communities through thoughtful � �4.� �����,� ��� � • planning and development. ;r %���, '" � ,jy�a Proactive ongoing reinvestment plans. . ��D� ' w i ��,� ������� � �r • Leadership focus in conservation,education and public policy „ ' � _��' r� in the markets seroed. CALIFORNIA'S PREMIER REAL ESTATE COMPANY � 9 . . aae�-s asr�-„�,,..�.c�tt�a�..R-r...�-.�.,,-�.�.�,...�_�,a. .,. ,. ..,�,.�,:�._..�r�W.. .. . . .. . . . j ..... ... �_ 71 �!�� IRVINE COMPA,NY � �. f �,�` RETAIL PROPERTIES �. � '� "�`C :1-',.s � ,J � «y �,�., .��...:.-�.,..._..4�.; C �\ .�l--'`C�� ' , . . � "-' � ���T���� '� ��� ' � � r . t l �+' Y+•��� -'�a-r � � -i '�`..���,�..^'i;yw 1 .:,�, � .r'� . 1� -...� /y�� . ^ �-: � y , � • ' ' ' -. .:� - i. i�+ _ , _ : i. .. : , . , �- , ,� _ _� - a ,.� ; .�I ,���r ,:� �� � � � ,.. , , ` ,__. ._�`-� �. � .. ,: �,a�c�;�. _w.. �� � ...�,� ,a; .� � a; f � �, - :;... ��r � . ��d����� ` `�ti,t �'� r �* � � 1�i1� �� �,� � J �-�- " .: I� d- ��,. �� ,�- � `4 .���,�� ''� I . Ir� I � ���i ,v1 �y`Y ��� st��qr �"Y., �`• ..a ���p"`�'-��" �� � � i � �i ,�,� i ..i2 ..:�lt � t ' _ w; .� �•�.,,� "�"_ .�cr� .. 7'� .,. : : �r � ?a: 1 � ��' -�,,. ----- t" � � - � �. �, . �p; � �E;; �' �� �"�" ��'�� \ " J� „� ['.�: +, .,�,i.,i y �; s. �r �., N �.T�w� � '�i y f�����'� �,' _. _-', _ y „�,. ` . � , •.., .�-� ... . ,in .�,d. . w;�.J��� _ . t. . .}.n x� �:; � :: �qi- 7' ��.,, , ���9 . .. ��' N..:. .. ... .. Y��y7 �.. `�.�,�S�` 1 `��,�r i� . . �a . .t. }�1[ �� .. '- y4� r� ., i ° y 7 , M�,f�' .. � :� r,_ Ft �:I ,�,�,r._ c � a �-: , �.�' �I �4. �� • �, «� t � . y� _. _ � - � � Fashion Island`�named "The Best Shopping Center in Southern California." - Los Ange/es Times. With forward-thinking retail and service mixes,Irvine Company Retail Properties bring new dimension to the open-air shopping experience. • Three Regional Shopping Centers with more than 43 Million SQF of space. • Over 36 Neighborhood and Community Shopping Centers strategically located to support the communities they serve. Irvine retail spending per household is nearly fc�ur times above the U.S.national average. ��` iF ,/'' ..� � � :.-- , ����F 1' � '� � - ��„�s�� .=. ..1., ~-•�' 'f �.4.._ 7 � ~` ,� 1"ti ( . � '`�V , . � +..5�,�-.'-�>.«r-- � ��,J �[%° � a t. 1 `� � I �'�� � �� .. ��� ., rl.� .Y.` ;er�' �,�s��� 'l � �.rd► .�'4 ai.a �+, ��,� � k,i- ,; . � . e '.z.- J`�.,'s3� �. � �,. ��..., , a �„-:� . _"� � � 1��Ai J`IAA11i1f��.{��i: "�.� �`-��� ��y���� � ',� ���� �� �3 n�iwr �. .ci �1'�. .,�`",�j►� �, \ �� _ _ - - r� .��•;;,y"'� ,�, .~F� r� �. t �` �r.��. � . , { • � . .w� �� i ��� �. ��. �r� F i�.', v f � ` �r i� �°� i h 'M I r,:. �- �" .� . » � . . -�y� . ��"�^`�, �-���• �• "� � 'S� ,,. _.. .` • ;.j F,.��A'r.�'�;��— b nI��� �„�„ '�+ ` �I��''�'h'`� . `� , �" �•- � . `�...� . � �.:.t��k''�� _ -� � y� ,�a ��j �1�."��_.�C.,� a ( � �` _ . -"` � '"'�: '. . - � -.:�_.���_ �i CALIFORNIA'S PREMIER REAL ESTATE COMPANY � 11 ,- _._.._.._.... , . �°, ��,5�, IRVINE COMPANY ` S� APARTMENT COMMUNITIES _ u ����,�� � a �„� a ��I� �r.� �.r. �� �' � ' �� 1� �.�t:�' �' � �3��'t D ._ � �►� �-�� �R���� ��'�;�� ' E`�� ��� _.� � 1`e','� yI�':t� ������ � e p� �ea ,� � �-^' ^ S �'S fJ�t..i�f W* �!'#'�'7� `\, '���5��',., ,��`� ( � a. ���.�t��a-;. G,,� ! �, ..�_���* � .....i � Y. �l � 7�.. �� z 9�k 1 �; � ��: � � � �t� �����. `� �;. � �\ ���� ,� �,• ;���� (��� � ,-�� �. � �-��. r a �`�'� , �, t�' , �:.� � ;, . � ' . �_ � �� ��, � � � �,; �,� . �� a ��y�►,} ,\ �, �- �� �'t�'�:� '"1� ��-- ! '�: � . '.. �,., ;� � .�. �. +i6'�+:.,ii� .a. �•�' �; _ `"� �' '� � + � '� a *�.1� �! t�- : l" t ',".,,a'-� R c +�� _, -� .. '� . g -..�r Q� =� v�� r� �...'._ - , o- . . • ` �.� r��ltlli .- V�� I �+l S "• , _�s... � s.piafay,� 1� ���J' .. � � � _ �� � � �.' "-/-- ��, Fy� 1- �:,.;: '� _ � � �� ��:�, � ..�.�.. _ . `� �'�'�.--r _-�"'���� —z�`� ` � .: w� �, _ `" ,,�` - - �' . _. �� � , , .� � �, _ �. � , , �.,,_ �e ,m,. • . — .. � "`.� .- y�� �� " y � ,- :� ,�-. ,:. � ..,.- ,i � ,rz. � '"��� ;a.u""� � �� � a �. ,.,. , '"` * �,'..Ri�� g}�F 7 FI }�h L ! ' -F` , �. _ .. '� si i��q � '1 � 4 `'�' "�.-� ., a,,.r`-"- '- ?_; � �'�. � . tt ° ,�::•. �'�Y '�. . ._..._... � ..,' y �4�t .. . . . � .. - _ , � . . � ;.;Y.:.. .. . . "�__ � � �' s i . .. -... . .. . . . . ... _.. . _.. . ..�� . � z�.. .. . .. �-v.'+r.u�" ��Pillars of the Industry Award�� - The National Association of Home Builders(NAHB)Awards Irvine Company Apartment Communities offers exceptional living spaces set within reach of office, retail and recreational activities. With resort-style amenities and an unparalleled commitment to customer service, Irvine Company defines the new apartment living experience. • Over 47,000 apartment homes in 122 communities in California. • More than 100,000 residents throughout California. • On average,23,000 new residents move into an Irvine Company Apartment Community every year. ��� �� q�; �,.u�d "p�`�":,� . . .fe�.� � _ � ,� � � :3� � .... � . X � � � . .: �* i'�`^.�.� � . ` ' ....w� �� !': ����... ••1:.'� '�.. � 1�.� L � *���p �� �" � ��� A X� � .T �y��JC. �'_y�f�� �'7J�!9+ J 1 ���,1.� � �.....-,� R•� ,P d ..! � ,�irw37�,�l � � ��� � �'�,� �:: ��`.s , y� '"__I _ �.�+� i1r -� .lc:.i _..�., ;.i .� `'` ..�+^.a,�-+ _� .. M. .. �. �J,Y �r;y� ,��+r7� d'!� �s.&�'q-� ,�� �_ �'� ". ;�° �.t R � �'.`..+ �.�,�" , . �:.. �"" � ,:.', ` ■ ' S / " �., _ ' ....- ' � !� $ ��.,._,�, ..nc...:... � _ ....+�yw _.,.. .:...�..� � ���� �Ird' . . �� ,��..� __ . _ -� �.. a G=� y` .,�. �� �,. � / �. ,`.�—:, "'�,`.w`_ - � ;�° /` � r + � • � � � ''� ;� �, , !- '?1 , , '� � Y�. .4_ M���1 � . � ^'�j� � � � � I� ��j a�s�" ��-�';!"�.: 4�_j, j�' � '°`. 'r!�'�" 3 ` �cG� � � Y�i ^�' i:�, �.,. � !t'��'1 t��tlr� ► �£�j le� �Ci 1 1 �' ; � + ;�" ,. �t .s�t��1Y '��� w ���� � `�_„��'}) s Z.r �� ,�Y' ' ��}��• , � y �,� �s._ `r F`�� � w�- �� �.,.T �i��`�!` �<'� •� 1L�� i ' 1!If �,' �x� �� !`,�� �� ". J'.. ..-..�.anwF+.�if r. M . , ..._ .�aa:. � ,y, .. p�c,y'.....s^_,.s�.;, `�� . .. ,. . �c-_,�_. . ►�#r�lY►.. . . . , CALIFORNIA'S PREMIER REAL ESTATE COMPANY � 13 s�'�1�� I tr � IRVINE COMPANY � ��ie'".. j� � r . �r'_ ���' OFFICE PROPERTIES ,� �'�' , � ' �'''�� ��,. , �, r ,, ` � ' ,,. ,�� . -._.�.f� -�";-- -�` �� �: a y � y+'��..i. --f� �. ,� �y.- `-� ',z�,� „ ,�-i�,�" �� T T _�� . S� "` __�T'��y�.�^- .�`i.'.�RVa ry��; �f�w��y�,'^�b'��f,��K�4,, �" � ��7`, � 1 h •s �! ` i i- � . � �� ��J ��� Y .- � 4� '.�fi ` . r � s . i;. � 1 � ��i..+ \ f f"� �" � . . �. .�t I� : • .� �,Z. � � R X � }r _ ^-^' ;.. � � .... ,I� J.� '�1, ,� . s . ��''�'c^+�w � �,����DI����� �:-e i.�'v r.- �. �r i - -�`"� r�ft� ! � t�ir�-�.� • �11��I1u � - . � , zra- .�� =q�� . f'"-rg}�� , � ` � "wl;',�. R �. ; a,� d,ti , .. },�4y�,: � ��v �; ,� 3 '. �, +w�,�� t� _. �'� ��, ___�Iw�:w�'�-.'.'� ��� '� + � � $:��`'�'��� ,�c. --�-_.__.�r r � .� '�'u��` . ; « �'�► �?' ` k -''� t },,,t' _�t r� �• � ... [R �, � ��'� ��:�'���,-�;, •. _ �� 'i� �1� � ���,��r'���- �� F.,r� ��4 y, ��►�' �� '`"�-^ �i _ s t � i. � , ��M hr '� �, Y'�� � �j /: �:1 ��� � #�'�'� �v��� t� ni�.�.L� . �,., ��,��� vli "'_ .'t.:�.., �'l�.� d e./Je.q, •`�}� �. � �,��!'� � �' �� y� 4�A°` jet '�''�.�� fh(✓'I' � `�v.� � � ��.•��� r � "} '��::' s.� � X,r�� _ s� ��. 1 W:� �d '3r�" ' !���'�`�� ` '� '`f��� y "''�a� ,'�,�, '.*r ' - .� �. t'�� I�,t a` + �y �>,r,. 'g��� � �'�,-' ;�� ' ,�. � •� '�� " ,,.'���J�, ¢:�-� �.�; ' � ���1� �` +�t �` �.,.,�..;n- �� y b .. ��� A' -^'� d � ' �) ' �i2.4. ��� �i. �' k , � _. ..__ � �, �,. �. .- � � �� i. � - n , � •� - . '+ : . . __, � i . �:�....z�� �_. �- - { . :�T � '; �'--- - �'� r�� :..::�. . t_ . ..,_— : � :�.-- ; - k_ . _ . _.. ��� . . , � � � �� � , .� -r .� �� �� :� �;�= � �ti 4 ��`��. - �,_y. . i "Developer of the Year, 20�2�� - Silicon Valley Business/ournal Developments of Irvine Company Office Properties are designed to create a sVong sense of place,with architecture that has a timeless quality and meets objectives of design integrity,quality and compatibility with the surrounding area. Today, Irvine Company Office Properties is proud to be called "home" by some of the most prestigious corporate brands in ; the United States. • 40 Million Square Feet of space in Orange County,San Diego,Los Angeles and Silicon Valley. I • 482 office properties throughout Califomia. Over 3,500 companies have chosen Irvin��Companv Office Properti�s as th<�ir c�>rnorato a<I�IrFss. a}� � _ � i�' A �. ' ( � �,. � ���,�.. �� �✓ 1� _- � .. r +�� . ..,..�ail' .Jp:... y�,�;...J � h.` � � �A.,��. 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I�..� ��;�k.....a:x�-�;:1� The City of Irvine named as one of the��BE'St PIdCE'S t0 LIVe�� - CNN Money Magazine Irvine Company's unique approach to master planning and building gives all the Villages of Irvine�a distinct charactec The Villages provide the feeling and safety of a small town,but with easy access to all the amenities that an urban neighborhood has to offer. • Each of the residential village has it own unique identity-similar to the distinct neighborhoods found in mature cities like San Francisco and Boston • To minimize travel time between work and home,commercial and employment centers are strategically located close to villages • Shopping centers are planned and built in three levels.Neighborhood centers are the smallest as integral part to serve the daily needs of the residents.Community centers and regional retail centers are bigger and are located within commercial and employment districts • Educational institutions,including major universities,local community colleges,elementary and high schools are all located in close proximity to the residential villages ^ Since 2010,over 2,600 homes have been sold in thc Villages of Irvine � ..� . ,�, . � _ �, ,, , F , � � s ,' � s���! � aa � � '��� , �-_ .��,` . . .:,�� ; e '' ��•.�,.� :� l_ � �� ; �`}�� f � � � �"° � ��k�`�,�`�}#f��r��► # �A, +� . 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The Resort at Pelican Hill� Named"#1 U.S. Resort and #1 Golf Resort in the World" - Conde Nast Treveler Magazine Irvine Company is known for its growing portfolio of high-quality resort properties,including five-diamond hotels,world-famous golf courses,beautiful marinas and The Resort at Pelican Hill,a stunning destination golf resort overlooking the Pacific Ocean at Newport Coast�. Open since November 2008, Pelican Hill is an extraordinary destination resort that offers guests the finesi amenities and accommodations including: • 204 bungalows and 128 villas • Five unique dining experiences � • 36 holes of championship golf course designed by Tom Fazio u A spa of unequaled indulgence,named as the A1 Spa in Southem California by Conde Nast TracPle�r,ti1agizinc ��2','��� � ` .... � � . ,, « �s'"�'�' _. .,w....+�6�..� ,. :"� ,�, Yr F� �, f..� ArM�.MYa`���j�,�. I �� €`` '� f , ��.. �"i� � . �"-_ 1 y ' � � f� � . ��"�,� °�-�� .�� �.l i"�e°�� °' . ` �:�iPr� �^+'- � � *� �� . r. • . � �. 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S �� � '"� �: ��•�:� �� .2y TM�.... �, a \.�.. � ° �r . \� J--- i � �� .��- t. ���i.v � . .�{e, ���e. � . •� r.• ' . ���+i b,..b��.'.. ..` ��i�aF�,.'F.a�arr �� w""�� .. �'\ =� i i I ,��, Recent accolades include: � "Developer of the Year 2012"- Silicon Valley Business Journal ;��, � "Builder of the Year 2013"-Association of Silicon Valley Brokers � � r� � � �p ge A*%'�a � ,ax I � �� � �� ��f � ' ����.q.,�.. � Sx,+ 7,200 apartment homes in 11 distind communities i ' ! ,�` 3 Million SQF of office space ,� 58,000 SQF of retail space ,�,`��; I ! CAIIFORNIA'S PREMIER REAL ESTATE COMPANY � 27 I ``r� IRVINE COMPANY r jp� Since 1864 �Thc Irvinc ComNany,LLC 2013.All Righis Rescrved.Nothing in this publ�ication may be reproduced without wri�ten permission of copyright owncr. g�C�I'�TED Allen Wong FEB —6 2014 P.O. Box 700005 San Jose, CA 95170 Tel: (408)996-2829/Fax(408)725-1221 BY' February 6, 2014 Dear City of Cupertino, My name is Allen Wong and I am the land owner of 10921 Maxine Drive and 10931 Maxine Drive, Cupertino, CA 95014. Please submit my property 10921 Maxine Drive and 10931 Maxine Drive, Cupertino, CA 95014 for consideration for the City of Cupertino Housing Element. I would like to request the City of Cupertino to study 20 to 25 units per acre. Thank you for your consideration. Sincerely, Allen Wong Owner of 10921 Maxine Drive and 10931 Maxine Drive, Cupertino, CA 95014 - -����V�� FE� -6 2014 ��; ---- EVERSHINE VI, LP 19620 Stevens Creek Boulevard,Suite 200, Cupertino, California 95014 February 6, 2014 Mr, Gary Chao . Planning Depariment � City of Cupertino 10300 Torre Avenue Cupertino, CA 95014 Dear Gary: . On behalf of Evershine VI,L.P.,the owner of Marketplace Shopping Center Assessors Parcel Numbers (API�369-06-008 and 369-06-012,we are applying for the overlay of the Housing Element that is being considered for the General Plan Amendment. We would like to be considered for an allocation of 25-35 units per acre. We appreciate your consideration. Please let us know if you need additional information. :.............. Sincerely: �• �.,_ �`',, J/Yn �_��±- - �/ y�''� �' �w� 0�IQI February 6, 2014 City of Cupertino �� 10300 Torre Avenue �=�i,^���'-��� Cupertino, Ca. 95014 �Eg s 6 2p14 Planning Department Diana Pancholi, Assistance Planner ';: �..�.1• ��.:�.� '" Re; City of Cupertino Housing Element As the owner's of 10625 & 10629-10637 So. Foothill Blvd., APN # 342-16-087 we are requesting our site be considered as one of the Housing Element sites in the update to the Cities General Plan Amendment. We would be proposing a density of 20 to 25 units per acre. I would also like to receive all updates on the Housing Element as per future sites and meetings. Thank You s .-- Barre B es barrebarnes(a�mac.com 2175 De La Cruz Blvd. Suite "C" Santa Clara, Ca. 95050 408-234-9061 s s :1 � 5- l� _ _ , -- �.QGrI �i ?�.� /�,�p � �. � �� � ���� �� __ _ , . � ' .��� ..�: a � .�G�,r� .r.�e � . :: __ ..?'�G ��� o� o?a� ..�%Ye�ti L� � -- ,�.�ir� C �/� - 3'�2 l� g G� -t�s%l,l�� .�rs _ � -..�o � - o�n ,a� � -� Gs� , _ -- ' : ,.�0 4 " .e.� a..u� �e_ c�. �p,a.�� - _ ,:_ _ _ _ D� �� � �ui.s.w.� L�vo� _ _ �'°�- 2✓ � ���� � � , _-- -: - - - - �� � � -�� � _ : � � __ _ _ _ _ _ , � ` � �C�IV�D �+- �'��� .�� FEB _ � 2014 gY: � � . -- ,-� �` i 1 Piu Ghosh From: Anthony Ho <anthonyslho@gmail.com> Sent: Tuesday, February 04, 2014 9:51 PM To: Piu Ghosh Cc: . Diana Pancholi Subject: Re: Marina Food site Yes that's correct. Thank you, Piu. '-Anthony On Tue, Feb 4, 2014 at 9:33 PM, Piu Ghosh<PiuG(c�cupertino.org>wrote: Anthony We will proceed with the understanding that the property owners desire to develop the property with a maximum density of 40 units per acre. Would that be accurate to state? Thanks Piu Sent from my iPhone On Feb 4, 2014, at 9:22 PM, "Anthony Ho" <anthon sY lho(�a,gmail.com<mailto:anthonyslho(a�gmail.com» wrote: Hi Piu: The property owners have a recent discussion with Mayor Wong. Mayor Wong had told them he would consider somewhere between 25-40 u/a, which he thinks is appropriate to the site. The property owners would like to head in that direction. Tha.nks. Regards, Anthony On Tue, Feb 4, 2014 at 1:47 PM, Piu Ghosh<PiuG�a�,cupertino.org<mailto:PiuG(a�cupertino.or�»wrote: Anthony In your email below you indicate that the property owners are interested in redeveloping the site with a high density residential-retail mixed use development. Could you please let us know what density you are looking to redevelop this site at? The current density on this site is: 25 DU/gr. ac. Regards, Piu From: Diana Pancholi i Sent: Tuesday, February 04, 2014 7:38 AM To: Piu Ghosh Subject: FW: Marina Food site FYI! From: Anthony Ho [mailto:anthonvslhonn,ginail.com] Sent: Tuesday, February 04, 2014 5:43 AM To: Diana Pancholi Subject: Marina Food site Dear Diana: Thanks for your phone call on 2/3/14. Yes, the land owners of the Marina Food site (De Anza& Stevens Creek) are still very much interested in participating in the Housing Element consideration. We look forward to more staff support to make the site work as high density residential-retail mixed use. Thank you very much. Regards, Anthony Ho LPMD Architects 408-859-2845<te1:408-859-2845> 2 �� j , Piu Ghosh From: Diana Pancholi Sent: Tuesday, February 04, 2014 8:45 AM To: Piu Ghosh Subject: FW: Housing Element Site FYI! From: Barre Barnes [mailto:barrebarnes@mac.com] Sent: Tuesday, February 04, 2014 8:43 AM To: Diana Pancholi Subject: Re: Housing Element Site Yes Diana I would like Cupertino to consider our site as a possible site for the Housing Element. Barre Barnes � Piu Ghosh From: Blair Volckmann <bvolckmann@harvestproperties.net> Sent: Wednesday, February 05, 2014 9:08 AM To: Piu Ghosh Cc: George Schroeder Subject: RE: Stevens Creek Office & Retail Center- Housing Thanks Piu. -----Original Message----- From: Piu Ghosh [mailto:PiuG@cupertino.or�] Sent:Tuesday, February 04, 2014 9:24 PM To: Blair Volckmann Cc: George Schroeder Subject: Re: Stevens Creek Office & Retail Center- Housing Thank you, Blair. We'll add your proposal to the list of property owners interested in having their properties be considered for the Housing Element. Look forward to seeing you at the Public meetings. Regards Piu Sent from my iPhone On Feb 4, 2014, at 4:36 PM, "Blair Volckmann" <bvolckmann@harvestproperties.net<mailto:bvolckmannC�harvestproperties.net»wrote: Piu- Thanks again for taking the time to speak earlier. Per this email, we would like our property to be considered for a "Housing Element" site. Based on an initial analysis, we would be looking for a minimum of 35/units per acre to justify the redevelopment of the current office project. We very much appreciate being included in the process,as well as everyone's time. Please let us know the next steps. Regards, Blair J. Blair Volckmann � Project Director Harvest Properties, Inc i 6425 Christie Avenue � Suite 220 � Emeryville, CA 94608 Tel: 510.808.5205 � Fax: 510.594.2049 bvolckmann@harvestproperties.net<mailto:bvolckmann@harvestproperties.net> � www.harvestproperties.net<http://www.harvestproperties.net/> 2 � ��� _ , f Piu Ghosh From: George Schroeder Sent: Tuesday, February 04, 2014 6:06 PM To: Piu Ghosh;Aarti Shrivastava; Gary Chao; Diana Pancholi Subject: FW: Cupertino Housing Element participation - Sand Hill Property Company FYI From: Reed Moulds [mailto:rmoulds@shpco.com] Sent: Tuesday, February 04, 2014 6:05 PM To: George Schroeder Subject: Cupertino Housing Element participation - Sand Hill Property Company George,this email serves to indicate Sand Hill Property Company's interest in participating in the City's Housing Element process. As you know we are in contract to acquire one or more of the Vallco Shopping Mall parcels and would like the ability to develop at least 800 market-rate residential units, without age restriction, at the property. Reed Moulds Managing Director Sand Hill Property Company 203 Redwood Shores Parkway,Suite 200 rZedwood City,CA 94065 650-344-1500 x110 1 Housing Element Communitywide Workshop Sign-In Sheet February 12, 2014 � Cupertino Community Hall Name Email Address Address Phone Number J�!S h!� C I'1�;�� s� %s�i i�cl��1/a vt,� h 6 ' J ,c��•►-, c or 6 s� ,e.t'c��✓� �F�g-_�1�.- ��23 , �; � c �Q..i z,i,I� U�. '�- �0144 �l��A�T� �'��{�- �-i�(� Ci.�.' @� W�J CO�nn►nn l,t,v�.� S-��%/lCt.� � ���)ZS�=�-�u� �` � .��� � .� � � � _ ��- �%�o� I � � � �, Q,� � ,�;� S A�� �. /J�P ZQ 5 �p _ i ��� 5' � ��r� � �-�z 5� � I � � � y . � �. �/ �� ����.�c� ,�, �, �.�� ���2 ��,� � � ���-�� -��P �� �(/���0 U� �S ( bU,�<�,i���?s C�'���<y Sv�er��,�bu���-.� �,�� � �SL� c,+�, �/ 5�,,..%te��%I2 �:v�j �0 5 y� c / Housing Element Communitywide Workshop Sign-In Sheet February 12, 2014 � Cupertino Community Hall Phone Number ._/ Z2� ��v � � �� f� �z 2b��"�-�-`"f-�"�"� � -7 � � - �1� �� IRVINE C4MPA�JY Since 1864 C?ecembcr S, 2014 Ms. Piu Ghosh, Senior Pianner City of Cupertino 10300 Torre Avenue Cupertino,CA 95014 _ ., �, ��u c�i�rt9inu.ur�, ��_arii�in�_V l ____ Dear Ms. Ghosh, The intent of this letter is to reinforce that The lrvine Company has a strong desire and financial capabilities to plan the future redevelopment of the liamptons, in fuU cooperation with the City of Cupertino.The Hamptons is located at 195Q0 Pruneridge Avenue in Cupertino,situated on 12.4 acres, with 342 existing Apartments,plus the propased allocation of 600 additional units makes this site feasible for redevelopment into a first class apartment home project. The redevelopment of this site is strategically located next to tlie Apple Campus 2 providing a logical location for an increase in density and a sustainable smart �;rowth plan. Plcase do not hesitate to contact me stiould you require additional informatian. Sincerely, "' �f./��-L�'^-����.G��� f % Carlene Matchniff f �� Vice President Entitlement�& Public Affairs The [rvine Company cc: David Brandt,City :Vianager Aarti Shrivastava, Assistant City Manager& Uirector of Community De��elopment 690 N. McCarthy Blvd., Suite 100 � Milpitas, CA 95035 / � P R 0 P E R T I E S December 5, 2014 City of Cupertino Planning Department Attention: Piu Ghosh 10300 Torre Avenue Cupertino CA 95014-3255 Dear Piu: My firm, KT Properties, Inc. is currently in escrow for the purchase of The Oaks Shopping Center, 21267 Stevens Creek Blvd., Cupertino, CA 95014. We will close on the property in lanuary 2015. This letter documents that I, as a principal,of KT Properties, Inc., was in attendance at both the December 3 and December 4, 2014 meetings of the Cupertino City Council. At that time the Council made decisions regarding the city's submission of its Draft 2014-2022 Housing Element to the California Department of Housing and Community Development. KT Properties, Inc. understands and agrees with the decisions of the Cupertino City Council designating The Oaks Shopping Center,as a Priority Housing Site, and granting allocations for 200-235 units of housing to be built on the property. • The Oaks Shopping Center Site comprises 7.9 acres, which will provide a density of 25 du/ac for 200 units, and 30 du/ac if 235 units were built; • KT Properties, Inc. agrees to construct at (east 200 units of housing at The Oaks; • Further, if granted approval, KT Properties, Inc. is also open to constructing 35 additional units of market rate Senior Housing on the site. The Oaks Shopping Center is envisioned as an integral part of the Cupertino Community by providing a mixed-use site that will include housing, office space and retail along with ample open space and potential underground parking. Additional building heights will be necessary in order to make it possible to build attractive retail and provide an inviting and pedestrian-friendly environment. KI PROPERTIES 2171U Steuens Creek Boule�ard,Sui[e 200,Cupertino,Califnmia 95014 4�8/251�?100•Faz 4�8%155 8620 KT Properties, Inc. looks forward to its participation with the Cupertino City Staff to move forward as quickly as possible with plans to construct housing on the City's west side so that those who work in the City of Cupertino will also be able to call the community home. With my best regards, f. � . Mark E.Tersini, Principal �� 12/3/2014 �--I��-m ��- REGIONAL HOUSING NEED ALLOCATION (2014-2022) ABAG# City Submit# % Submit Date ype Campbell 933 1,218 31% 9/15/2014 Draft C��;�rt�r���. Gilroy 1,088 4,525 316% 8/22/2014 Draft Los Altos 477 Los Altos Hills 121 Los Gatos 619 Mil itas 3,29 Monte Sereno 61 61 0% 10/13/2014 Draft Morgan Hill 928 ✓;--v�. � ��, 5,:2�jx;j1:< 9:�raft 14�"� 7/9/2014 Draft �:,�ics:1 35,�, 0% ?t�>3;?014 Draft Santa Clara 4,093 5,876 44� 9/4/2014 Draft �39 �'xt3 9°/ Draft , 5,452 : x-3�P 7°�; ; x�3 Draft Housing Elements and Regional Housing Need Allocation nc%;�_ N.v,v i.a go�!hod�hr�pian he! Cupertino Housing Very Low �OW Moderate Above Units 0-50% Income 80-120% Moderate 51%-SO% 120%+ 1988-98 Allocate 3,174 508 444 635 1,587 Result 2,267 97 52 4 2,11 71% 19% 12% 1% 133% 1999-06 Allocate 2,720 412 198 644 1,466 Result 1,339 36 12 79 1,212 49% 9% 6% 12% 83% 2007-14 Allocate 1,170 341 229 243 357 Result 547 22 16 58 451 47% 6% 7% 24% 126% 2014-22 Allocate 1,064 356 207 231 270 Result http.�[wNw.aba .ca_gov�pl��nnmg�housin research.html 1 12/3/2014 :t " , . ,, � ` F � ;, i , .n ti ,. , . . nu (i; . � v',��;. : � ��� � _���� We fts o North ' '::v ...��t,c ;� .____`—.___.— n,��, _ a � Vallco Gateway" �j� ��Hamptons" + i' ��G "Stelling Gateway" & � H `-_- ._180Tts ,� 570 Units ' �` "N De Anza Gateway" ' * � � � � � � � � � �� `——180 Units— J ` 'w (� :. ,//' Li ; "Rose Bowl"& , 0� "Main St"& � ' �,.--'`� �� "Biltmore° � --�' � 394 Units �?`r � _ �h..�� ' Bk��ckto�l West"North De Anza Corridor" West"Heart of the City Corridor" West of"South De Anza Corridor" ' � 172 Units �� ;���:,.. ... . Oi+.�a4w^n d'� . Pn��;��,�. . a•m t n 7am.': � J�.p::ir.u�� Cupertino 2014-2022 Residential Allocation R Units M C H F "Rose Bowl" 204 Existing 0 204 0 0 "Main St"+"Biltmore" 190 Existing 0 190 0 0 "Stelling Gateway" & Plan to "N De Anza Gateway" 180 Meet 0 0 180 0 BAG est of"North Vallco Plan to Gateway" 180 Meet 0 0 0 180 BAG Plan to "Hamptons" 570 Meet 0 0 0 0 BAG W"Heart of the City Corridor" p�an to "North De Anza Corridor"W 172 Meet 172 0 0 0 of"South De Anza Corridor" gAG 1,102 172 394 180 180 2 12/3/2014 Adva ntage • Meet ABAG 2014-2022 Housing Allocation number • Consistent with General Plan • Better new housing development plan across whole Cupertino • Balance the traffic • Balance new housing units for each high school z�oo �_as�o .� 2500 _"� 25�3 ��Q�� 25.�7g,�#88�02 _ ��418 2389 "�� 2343 2300 2270 2271 2244 2276 2310 2229 -� Cupertino 2100 � _ _ . _ . _ _ __ -.. Monta Vista � 2057 Homestead _��"u '`r �"1964� ---Fremont 1900 :_. _ _..._ _ � _ ;�89 �. ,✓1813 1700 r_�.-ggg..:1700 •1604 � 1546 1500 2006 2007 2008 2009 2010 2011 2012 2013 3