PMM
City Council 7/8/25
RTC 25-457
Item 7
City of Community Development
Santa Clara Memorandum
The Center of What's Possible
Date: July 8, 2025
To: Honorable Mayor and Members of the City Council
From: Afshan Hamid, Director of Community Development
Subject: July 8, 2025 Council Meeting, Item 7 (RTC 25-457) Modification to Condition of Approval E2
After the posting of the agenda, staff discovered a minor change was necessary to one of the proposed conditions of approval for the Related City Place Project.
If the Council moves to approve the proposed rezoning to amend the approved Master Community Plan (MCP), then to ensure consistency between the DDA terms and the MCP Conditions of Approval, staff recommends that the motion include the following modification to Condition of Approval E2:
E2. Following approval of Tentative Maps and/or Vesting Tentative Maps by Council, the Developer shall file Final Maps for approval and recordation to the satisfaction of the Director of Public Works prior to the issuance of any certificate of occupancy for any building within the DAP. _ building permits for the DAp excapt-as fellewe
a. For DAP 1, a Tentative Map of Vesting Tentative Map-shall be approved-by Council prior to the issuance of building permite for buildings located on property evered by DAP 1 and a Final Map-approved to the satisfaction of the-Director-af Public-Werks-shall nave-been filed for-racerdatien covenng property on-which the eulding within-DAP 1
b. For DAP 2. a Tentative Map-or Vesting Tentative-Map shall be approved by Gouncil prior to-the issuance of building permits for buildings lecated on property covered by DAR 2 and a Final Map approved to the satisfaction of the Director of Public Worke shall have been filed fer recordation severing property on which the building is located prier to the issuance of any certificate of occupaney for any berld:agw4thin DAP 2.
7/8/25 Item #7
City of Santa Clara
City Council
CITY OF SAN
Item # 7 RTC 25-457
Related Santa Clara
1852 5155 Stars and Stripes Drive
THE MISSION CIN
July 8, 2025
1 Related Santa Clara City of
Santa Clara
The Coater of What Possible
Agenda
• Staff Presentation
- Introduction to the Team
- Project Site
- Master Community Plan (2016)/Existing Entitlements
- Proposed Entitlements- Scheme C
- Land Use Development Comparison
• Related Santa Clara Presentation
• Staff Presentation Continued
- Development Agreement
- Disposition and Development Agreement
- Market and Fiscal Analysis
• Council Questions
• Public Comment
• Council Deliberation
• Council Action
2 POST MEETING MATERIAL
1 7/8/25 Item #7
City of
Santa Clara
The Confer of Wit's Posgible
Staff Introductions
• City Manager's Office: Jovan Grogan, Elizabeth Klotz, Elycia Knight - Economic and Fiscal Consultant: David Doezema, KMA
• City Attorney's Office: Glen Googins, Alexander Abbe
- Outside Counsel: Anna Shimko and Eric Phillips, Burke, Williams and Sorensen
• Community Development: Afshan Hamid, Lesley Xavier, Sheldon Ah Sing, Nimisha Agrawal
- Environmental Consultant: Elizabeth Kanner and Jill Feyk-Mindy, ESA • Department of Public Works: Craig Mobeck, Michael Liw, Dave Staub, Steve Chan, Brian Lee
• Additional Departments: Fire Department, Parks and Recreation, Silicon Valley Power, Water and Sewer
3 Related Santa Clara City of
Santa Clara
The Coffee uf Whats Polible
Recommended Actions
1. Approve an Addendum to the City Place Santa Clara Environmental Impact Report and Mitigation Monitoring and Reporting Program.
2. Approve a General Plan Amendment to revise the permitted uses under the Urban Center/Entertainment District land use classification to include the proposed light industrial uses on Parcels 1 and 2.
3. Approve Zoning Code Amendments to revise the permitted uses within the Planned Development Master Community land use designation and to amend the Master Community Plan (MCP) to introduce a new Scheme C land use scenario for the Related Santa Clara Project located at 5155 Stars and Stripes Drive.
4. Introduce an ordinance to amend the Development Agreement that governs the property relationship between the City and the applicant concerning the project site.
5. Approve an amendment to Disposition and Development Agreement that governs the land transaction between the City and the developer. 4 4
2 7/8/25 Item #7
Related Santa Clara City of
Santa Clara
Project Site
• Site: 240 acres
• General Plan: Urban Center/Entertainment
District
• Zoning: Planned Development - Master
Community (PD-MC)
Existing Use: Mostly Vacant City Owned Parcels
North: SR 237 and City of San Jose
South: Tasman Drive, Levi's Stadium and Tasman East
residential development
East: Guadalupe River, City of San Jose
West: Great America Parkway, Office and Commercial uses 5 Related Santa Clara City of
Santa Clara
Thu Center of Whate Possiblu
Existing Parcels
(Master Community Plan 2016)
• On June 28, 2016, the City Council:
• Certified the EIR
• Approved General Plan Amendments, Parcel 3
Parcel 1
• Approved PD-MC Zoning and
accompanying MCP
Five development parcels Lafayette Street
Parcel 2
Great. America. Pkwy
Seven development phases 2
• Former Landfill Site / Golf Course (except
Parcel 5) Guadalupe River
• 9.16 Million gross square feet of development
Parcel 4
• vibrant urban district; mixed use
development 5
Parcet s Tasman Drive
• up to 1,680 residential units
6 7/8/25 Item #7
Related Santa Clara City of
Santa Clara
The Carter of What's Possible
Existing Planning Entitlements
Entitlement Approval Date
EIR Certified and General Plan
Amendment, Rezoning and June 28, 2016
accompanying MCP
First EIR Addendum and DAP 1 March 24, 2020
Second EIR Addendum and DAP 2 July 13, 2020
Third EIR Addenda for Soil and
July 2021
Earthwork
Comprehensive Sign Program for February 9, 2021
Parcels 4 and 5
Architectural Materials Review for
DAP 1 (administrative) February 26, 2022
Architectural Materials Review for
May 25. 2022
DAP 2 (administrative)
Vesting Tentative Subdivision Map November 15, 2022
for DAP 1
City of
Santa Clara
The Center of What's Possible
Existing Parcels vs. Phases
ette Street
Guadalupe River
Parcel 4
Tasman Drive:
7/8/25 Item #7
Related Santa Clara City of
Santa Clara
The Center of Whos Pugsible
Proposed Entitlements - New Scheme C
• January 2024: Application to amend
the MCP submitted- to introduce a
Scheme C: new industrial land use on
the Parcels 1 and 2
3 Similarities from 2016 approved
MCP
- Five development parcels
- Implemented in 7 phases
- 9.16 Million gross square feet of
development for all the parcels
- 1,680 residential units (same as
Scheme A)
Related Santa Clara City of
Santa Clara
The Center uf Whors Possible
Proposed Entitlements - New Scheme C
Key Differences from approved MCP
New Land Use:
Light industrial uses on Parcels 1 and 2
Change in Intensity:
Parcel 1
Increase in the intensity of approved office Parcel 3
uses allowed within the City Center- Parcel 4
• Modified site circulation, Lick Mill
Parcel 4
Boulevard Extension and Second Street Parcel 2
Bridge
• Added design guidelines for Light
Industrial uses, good neighbor gesture. Parcel 5
10 10
5 7/8/25 Item #7
Related Santa Clara City of
Santa Clara
Proposed Entitlements - New Scheme C
Permitted Light Industrial Uses
• Manufacturing and Processing plants and facilities
Research Laboratories
• Commercial Storage and Wholesale Distribution
Warehouse Parcel 1
• Small Power Plant Exemption (SPPE) Data Centers Parcel 3. • Incidental Uses:
• Retail, Restaurant, Personal Services, Offices Parcel 4 Parcel 2
• Accessory buildings supporting any permitted use
• Public and/or parks and open space
Minor Use Permit (Staff level approval)
Parcel 5
• Non-SPPE Data Centers
" • Ancillary Data Centers
11 Related Santa Clara City of
Santa Clara
The Center of Wies Possible
Site Plan Comparison: Original to Scheme C
Lick Mill Blvd
Lick Mill Bivd
12 Approved Site Plan Proposed Site Plan
12 6
7/8/25 Item #7
Related Santa Clara City of
Santa Clara
The Center of Whats Possible
Land Use Development Comparison
Difference Difference Scheme
Scheme A Scheme B Scheme C Scheme A to B to Scheme C
Scheme C
City Center Mixed Use (Parcels 4 and 5)
Office 1,372,400 2,852,400 4,517,400 +3,145,000 +1,665,000 800,000 - 800,000 -702,000 -702,000
Retall/Food and Beverage/Entertainment 800,000-1,502,000 1,502,000
1,680,000 200,000 1,680,000 +1,480,000
Residential (same number of
(1,680 units) (200 units) (1,680 units) (+1,480 units)
units)
578,000 -11,000 -11,000
578,000 567,000
Hotel (same number of (same number of
(700 rooms) (700 rooms) (700 rooms) rooms)
rooms)
Subtotal 5,132,400 5,132,400 7,564,400 +2,432,000 +2,432,000 Northeast Parcels (Parcels 1 and 2)
Office 4,032,000 3,832,000 4,032,000 -3,832,000
Retall 200,000 -200,000
Industrial/Warehouse 1,600,000 +1,600,000 +1,600,000
Subtotal 4,032,000 4,032,000 1,600,000 -2,432,000 -2,432,000 Total Project 9,164,400 9,164,400 9,164,400
de Sed Pe C Be Rp dctb c ran for the cil ne Santo clara bantable al 13 letusad SomacTara 20ss Elbsl Santa dana biauee Cummimty ISau stees Supelincet chronece 13 Related Santa Clara City of
Santa Clara
Thae Center of What's Possitle
Comparison to Other Shopping Centers
Shopping Center Retail Square Feet
Broadway Plaza 990,000 sf of retail
Downtown Wainut Creek within mixed-use downtown
Stanford Shopping Center 1.3 million sf of retail
Palo Alto
540,000 sf of retail
within mixed-use
Santana Row development that includes
San Jose 1.1 million sf office,
800+ units residential, 215
hotel rooms.
14 14
7 7/8/25 Item #7
Related Santa Clara City of
Santa Clara
Light Industrial Design Guidelines
Comprehensive list of guidelines for Scheme C:
• Introduce pedestrian and bicycle linkages between the light industrial campus, City Center and Tasman East.
• Provide significant vertical and horizontal offsets to reduce visual bulk. • New loading docks and power substations will be located at least 500 feet away from residential uses.
• Landscape buffer between Industrial and Residential.
• Truck routes will be approved at Development Area Plan (DAP). 15 15
Related Santa Clara City of
Santa Clara
The Center of Vitists Possible
Related Presentation
16 16
7/8/25 Item #7
Related Santa Clara City of
Santa Clara
The Ceter of Whaty Possible
Development Agreement
and
Disposition & Development Agreement
17 City of
Santa Clara
The Cester of What's Possible
Document Definitions and Purpose
Development Agreement:
• A voluntary, negotiated contract between the City and a developer • Provides the developer with vested rights to proceed under existing rules for a set period
• In return, the City may secure community benefits, infrastructure improvements, or other commitments
• Must be consistent with the General Plan and adopted by ordinance after a public hearing
• Offers certainty to both parties—the developer gets stability in regulations, and the City gains enforceable terms
• Helps manage long-term, phased projects by locking in terms and expectations over time
18 18
9 7/8/25 Item #7
City of
Santa Clara
The Cepter of Whats Possible
Document Definitions and Purpose Cont.
Disposition and Development Agreement
• A contract between the City and a developer for the sale or lease of public land for private development
• Outlines the terms of property transfer, including price, timing, and conditions • Specifies the developer's obligations-such as construction milestones, public improvements, or community benefits
• Allows the City to ensure public goals are met (e.g., affordable housing, economic development, infrastructure
• Often used for complex or phased developments on publicly owned land • Provides enforcement tools for the City, including default remedies if the developer fails to perform
19 City of
Santa Clara
Tise Criter of Whats Poseible
Document Definitions and Purpose Cont.
Force Majeure refers to events beyond the reasonable control of a party that prevent or delay performance under the agreement. Examples may include:
• Natural disasters (earthquakes, floods)
• War, terrorism, or civil unrest
• Governmental delays (e.g., permit processing not caused by the developer) • Pandemics or health emergencies
• Labor strikes or material shortages not caused by the developer • Certain performance milestones (e.g., construction start or completion) may be extended during the Force Majeure period
• Certain delays as a result of Material Adverse Economic Conditions are not a FM event but create an Excusable Delay
20 20
10 7/8/25 Item #7
Related Santa Clara City of
UB-A Santa Clara
The Center of Wiet Possible
Related Santa Clara Development
Agreement
Approved 2016 Development Agreement (DA):
• 30-year term for phased development
Vests the maximum density and intensity of uses; the maximum building heights and gross floor area of land uses; the permitted uses and administrative/Development Fees
• Development of a minimum of 200 housing units (10% affordable at 120% Area Median Income (AMI))
21 Related Santa Clara City of
Santa Clara
The Cecitera! Whats Poseille
Development Agreement Amendment
Proposed benefits of amendments to the DA require:
• 15% of the units must be affordable at 100% Area Median Income (AMI) (up to 222 AH units)
• Industrial uses to pay development impact fees and administrative fees at the levels as and when otherwise due, with no caps
• A regional traffic fee for industrial uses (similar to office uses) at $1 per square foot
22 22
7/8/25 Item #7
Related Santa Clara City of
Santa Clara
The Center of Whats Possible
Disposition and Development Agreement
• A Disposition and Development Agreement (DDA) approved in 2016:
• 7 phases of development over ~30 years
• Minimum development program to foster City Center
• Annual rent obligations beginning at take down, increasing at opening of Phase 1 and increasing over time
• Developer assumed costs for City services, such as park maintenance, street repair due to construction over landfill, and Fire Station construction • Contribution of funds for City park on Parcel 3
• Overall result: ~gM-$14M annual rent (in 2016 dollars) and annual tax benefits to General Fund exceeding $16M/year at buildout 23 23
City of
Santa Clara
The Center af Whats Platitle
DDA Amendments - Overview of Scheme C
Implementation
• Amendments support flexibility for early activation of Parcels 1 and 2 under Scheme C
Reflects current market conditions, including office sector slowdown
• Introduces new phasing requirements, rent provisions, and a bike and pedestrian infrastructure study
• Clarifies financial responsibilities related to landfill and subdivision requirements
24 24
12 7/8/25 Item #7
City of
Santa Clara
The Celifer of Whory Possible
New Scheme C - Schedule of Performance
• Developer must obtain City Council approval of a Development Area Plan (DAP) and ground lease for the first industrial phase within 3 years
• Construction must commence within 1 year thereafter
• Remaining Scheme C phases must be ground leased in 3-year intervals
• Unless Phase 2 is taken down, in which case the original Schedule of Performance resumes
• Developer may ground lease any of the three Scheme C phases (Parcels 1 and 2) before Phase 2 (Parcel 4)
25 25
City of
Santa Clara
Reversion Rights
If Developer fails to meet new deadlines:
• Scheme C phase may be removed from the DDA
• City may offer that parcel to another developer or pursue an alternative use
20 26
7/8/25 Item #7
City of
Santa Clara
The Center of Whats Possible
Data Center Use - Rent Adjustment
• Any land within Parcels 1 and 2 developed as a data center will be subject to 2x base ground rent
• Reflects high-value land use and ensures fiscal return for the City
27 27
City of
Santa Clara
The Center of Whats Fossille
Data Center Use - Rent Adjustment
Sample Ground Rent Calculation:
Assumes Base Year Unadjusted Rent for Parcel 2, with 10% of Parcel 2 Area Used for Data Centers Parcel 2 Base Parcel 2 90% of Base 10% of Base Total Base Annual Year Rent Area Year Rent Year Rent x2 Year Rent Increase in for Light for Data Assuming Base Year
Industrial Center Use 10% for Data Rent
Uses Center Use
$1.75M 60.9 acres $1.575M $350,000 $1.92M $175,000
28 28
14 7/8/25 Item #7
City of
Santa Clara
The Center ul Whath Possible
Lafayette Blvd. Pedestrian/Bicycle Bridge Feasibility
• Developer must prepare a feasibility
study and schematic designs for two
ped/bicycle bridge options
• Spanning Lafayette Blvd., connecting
Parcel 2 (industrial) to Parcel 4 (City
Center)
• Create link between Tasman East and City
Center
• Developer to reserve land for bridge
landings and path
• City responsible for approvals, funding,
and construction of the bridge
29 29
City of
Santa Clara
The cont wot Asble
Clarified Landfill Cost Sharing Formula
• Revised formula for
reimbursing City's landfill-
related costs:
• Pre-takedown Landfill Costs:
50/50 split of eligible costs if on
unused land (Parcels 1 & 2)
• Developer to pay 75% of eligible
past costs (pre-FY 2024-25) due
to previous billing ambiguities
30 30
15 7/8/25 Item #7
City of
Santa Clara
Thee Cunter of Wide Possible
Ground Lease Flexibility and Subdivision
Practices
• Developer may divide phases into multiple ground leases (for financing or phased development)
• Subject to City approval and clear criteria
• Formalizes existing practices:
• Tentative subdivision map before ground lease take-down • Final map before first certificate of occupancy in each phase • CC&Rs recorded before first certificate of occupancy in each phase 31 31
Related Santa Clara
Market Conditions, Ground Rent,
Fiscal Impacts
KEYSER MARSTON
32 32
16 7/8/25 Item #7
KEYSER MARSTOR
SO CATCA
Feasibility Challenging for Office, Retail, Multifamily, Hotel; Demand Stronger for Industrial and Data Center Uses
Hotel Industrial and
Ofice Retail Multifamily
Data Center
• Minimal new • Minimal retail • Few market • Hotel • 4 Million+ sf office development rate apartment development completed in development since projects are has largely 2024 and
occurring pandemic breaking halted 2025YTD in
• 24.7% Class A ground • Room rates, Silicon Valley
office vacancy • High interest ccupanc • Rapid growth in rate in silicon rates, evels we Al driving data
valley moderating below pre- center demand
• Tech users rents, higher pandemic • Demand fo
reduced office costs, reduced • Business travel nanufacturing footprints department market values is a key warehouse
• Market value of stores contributing to demand driver also strong but office space contracting slowdown and has not some recent has declined fully returned pullback
33 KEYSER MARSTON
ASSOCIATE!
Ground Rent
Parcel Initial Ground Rent
Parcel 1 and 2 (proposed industrial) $2.5 Million per year Parcel 5 (Tasman, mixed use) $1.5 Million per year in 4'h year ($750k currently; $1M at opening) Parcel 4 (City Center, mixed use) $3.5 Million per year Total Project $7.5 Million per year
Note: Parcels 2 and 4 include multiple phases.
• Increases over 99-year Term
• 3% annual increases for initial 45 years; then CPI up to 3% for Year 46 on • 10% increases: Years 25, 35, 53, 61, 80, 90 (+year 15 for parcels 1, 2, 4) • Fair market adjustments in Year 45 and 70 (+year 20 for Parcel 5), subject to cap and floor Proposal: No reduction in ground rent; rent doubles for land used for data center 34 34
17 7/8/25 Item #7
BY SER MARSTO
Key Considerations for Ground Rent
- Ground Rent Reflects Land Value in "As Is" Condition, Affected by Status as Former Landfill - Development Over Former Landfill Entails Extraordinary Costs ($900 M @ DDA; $1.3+ Billion today) • Special building foundation systems including deep piles driven below landfill waste • Structural slab on which all improvements are constructed; even streets and utilities to be constructed over pile- supported structural slab
• Existing ground water monitoring, leachate collection and removal system, and landfill gas collection and removal systems must be replaced and integrated into buildings in some cases. › "As is" Land Value reflected in Ground Rent is $115 Million (=$7.5 M ground rent / 6.5% lease rate) • "Effective Land Cost" far higher due to extraordinary landfill costs 35 35
KEYSER MARSTON
Ground Rent Equals or Exceeds Fair Market Value
Both in 2016 and Today
• Effective land
cost for project as of 2016 DDA 2025
Land value reflected in ground rent* $115 Million $115 Million exceeds market $906 Million $1.3 Billion**
Extraordinary landfill-related costs
value Total Effective Land cost $1.02 Billion $1.4 Billion Ground rent Effective Land Cost PSF of land*** $122/sf $167/sf equals or
exceeds fair Current Market Land Values (price psf land) market Large acreage Office $46 - $77/sf few comparable sales Hotel $83 - $157/sf few comparable sales
Residential $48 - $104/sf Most relevant -$80/sf
Large acreage Industrial / Data Center not applicable -$63 to $133/sf - scaled rom prior estimate, sed on ENR Construction Cost index ** Calculated based on 192-acre site area without City park and stormwater retention ponc 36 18
7/8/25 Item #7
KEYSER MARISTON
ASS
Effective Land Cost by Parcel
» Parcel 1 & 2 - Parcel 1 and 2 Parcel 4
Land value reflected in ground rent* $38 Million $54 Million Effective land cost at
high end of range for Extraordinary landfill-related costs* $511 Million $770 Million Total Effective Land cost $549 Million $824 Million
industrial and data Effective Land Cost PSF of land*** $129/sf $239/sf centers
Current Market Land Values (price psf land)
› Parcel 4 - Effective Large acreage Industrial / Data Center ~ $63 to $133/sf N/A land cost above most Residential N/A most relevant -$80/sf relevant residential Large acreage Office, hotel, retail N/A few comparable sales land sales. Few
comparable land
sales for hotel, office • Escalated ground entral be on ER Construction Cost ndex and retail uses * are are sie are -acre Parcel 1 and 2 site area without the stormwater retention pond and 37 KEYSER MARSION
$28.1 Million/Year Net General Fund Surplus
Scheme C, not including City Park
Revenue engrounarene Annual General Fund
Service Costs Upon Buildout
$36.5M $8.4M
Ground Rent Net
General Fund
Surplus:
Sales Tax
~ M Mat
Buildout with
Hotel Tax (TOT) Ground Rent;
~$20.6 M without
Ground Rent
Other Revenue
VLF ther Expens
ublic Work
Property Tax Fire/EMS
Police 38
38 19
7/8/25 Item #7
KEYSER MARSTON
A CEO C12
Scheme C Projected to Produce Similar Net
General Fund Positive as Scheme A
• Scheme C and A both have +/-
$28 Million Net Fiscal
Ground Rent
Positive assuming 800,000
square feet minimum retail
improvements under DDA in
both cases.
General Fund
Revenues, Except
> Development of full 1.5 million Ground Rent
square foot "best efforts" retail
under DDA increases net fiscal
positive by $4.5 million/year with
Social i Sents real i also Revenue Service Costs Revenue Service Costs Revenue Service Costs Scheme A. Full Retail Scheme A. Min. Retail Scheme C
$32.5 Million/yr $28 Million/yr 328.1 Million/y
net positive net positive net positive 39
39 KEYSER MARSTON
ASSOCHATES
Parcels 1 and 2 Fiscal Impacts Comparison
Parcel 1 and 2 Fiscal Impacts (SMillions)
Scheme C
Scheme Scheme with data
Ground Rent
A center*
Fiscal Revenue $5.2 $1.5 $2.9
Ground Rent $2.5 $2.5 $3.1*
Total Revenues $7.7 $4.0 $6.0 General Fund
Revenues, Except
Ground Rent
Expense ($2.2) ($0.7) ($0.4)
Net Fiscal Impact $5.5 $3.3 $5.6
corporates illustrative increase in ground rent assuming a data center use occupie Revenue Service Costs Revenue Service Costs Revenue Service Costs proximately 25% of site area and 50% of building area for Parcels 1 and 2. Assum SVP does not provide power to the data center: revenues would be higher if SVP Scheme A Scheme C Sch C. with Data Center supplies power. $5.5 Million/yr $3.3 Million/yr $5.6 Million/yr net positive net positive net positive
40 40
7/8/25 Item #7
KEYSER MAPSTON
Parcel 4 Fiscal Impacts Comparison
Parcel 4 Fiscal Impacts (Millions)
Ground Rent
Scheme Scheme
A Full A Minimum
Retail Retail Scheme C General Fund
Fiscal Revenue $20.4 615.2 $19.0 Revenues, Except
Ground Rent $3.5 $3.5 $3.5
Total Revenues $23.9 $18.7 $22.5
Expense ($6.3) ($5.4) ($6.8)
Net Fiscal Impact $17.6 $13.3 $15.7
Revenue Service Costs Revenue Service Costs Revenue Service Costs Scheme A, Full Retai Scheme A, Min Retail Scheme C
$17.6 Million/yr $13.3 Million/yr $15.7 Million/yr
net positive net positive net positive
al cents intring grounded 502 Myr not posive fiscal impact 41 41
KEYSER MARSTON
ROCIATES
Projected Cumulative City Revenues Over 99+ Years
Ground Rent $6 to $9 Billion
Net General Fund Fiscal Impact $8 Billion
Cumulative Projected City Revenues $14 to $17 Billion
over Term of Ground Leases
Assumptions
:
42 7/8/25 Item #7
Related Santa Clara City of
Santa Clara
Council Action
13 43
Related Santa Clara City of
Santa Clara
Public Outreach
• Community Meeting:
• Thursday, September 12, 2024, at
Northside Library
• Attended by 40 Community members
• Received five public comment letters
44 44
22 7/8/25 Item #7
Related Santa Clara City of
Santa Clara
The Center of Whats Possibl
Planning Commission Recommendation
Planning Commission Hearing: June 11, 2025
• 7-0 to recommend adoption of the Addendum
• 5-2 to recommend adoption of the General Plan Amendment • 7-0 to recommend adoption of the Zoning text amendment and MCP Scheme C supplement, with changes so that all data center uses are conditionally permitted subject to a conditional use permit approved by the Planning Commission
• 7-0 to recommend introduction and adoption of the ordinance amending 15 the DA
45 Related Santa Clara City of
Santa Clara
The Center of shore Pissible
CEQA
• An Addendum to the City Place Santa Clara Environmental Impact Report (EIR) 2016) was prepared for the project by the environmental consultant firm ESA, il iccordance with the California Environmental Quality Act (CEQA), and was posted o1 the City's website.
• The Addendum concluded that any potential environmental impacts associated with development of the project site under the proposed Scheme C were adequately analyzed and covered by the analysis in the 2016 EIR.
• The Scheme C total Project trips are reduced by 20% for the AM Peak hour, 24% for the PM Peak hour and 30% for daily trips compared to the number of trips generated by Scheme B evaluated in the 2016 EIR.
• Mitigation measures under the MMRP will continue to apply. • No further review or analysis under CEQA is required. 46 46
23 7/8/25 Item #7
Related Santa Clara City of
Santa Clara
The Conter of Wiety Porible
Staff Recommendation
1. Adopt a resolution for an Addendum to the City Place Santa Clara Environmental Impact Report (2016 EIR).
2. Adopt a resolution approving the General Plan Amendment to revise the permitted uses under the Urban Center/Entertainment District land use classification to include the proposed light industrial uses on Parcels 1 and 2 for the Related Santa Clara project at 5155 Stars and Stripes Drive ('Project").
3. Adopt a resolution approving a Rezone to Amend the approved Planned Development Master Community (PD-MC) to add a new Scheme C for the Project, with modified condition E2.
4. Waive first reading and introduce an ordinance to approve amending the Development Agreement to implement aspects of Scheme C for Project.
5. Adopt a resolution amending the Disposition and Development Agreement for Project.
Note: All resolutions, ordinances and agreements are attached for approval in substantial form, subject to such 47 minor corrections or non-substantive modifications as may be required or approved by the City Attorney. 47 City of
Santa Clara
The Genter of With Possilise
Council Questions
48 24
7/8/25 Item #7
City of Santa Clara
City Council
Item # 7 RTC 25-457
Related Santa Clara
1852 5155 Stars and Stripes Drive
THE MISSION GIN
July 8, 2025
49 25
7/8/25 Applicant Presentation Item #7
Related Santa Clara
City Council Meeting
Tuly 8. 2025
ARELATED
SANTA CLARA
POST MEETING MATERIAL
7/8/25 Applicant Presentation Item #7
The Grand
CA
PROPERTY TYPE
Mixed-Use
COMPLETION DATE
2022
PROPERTY SIZE
12 nuilion SF
USES
Residentiar 436 Units
Hotel - 309 Keys
Retail - 175,000 SE
Parking - 1,063 Spaces including Valet
ARCHITECT
Gehry Partners
3 HUDSON YARDS
EASTERN YARD
WESTERN YARD
7/8/25 Applicant Presentation Item #7
5 7/8/25 Applicant Presentation Item #7
0900 171111
7 Project Overview
As Approved
As envisioned in the approved
land use concept, Related Santa
Clara envisions a mixed-use,
transit-oriented development.
Lively public open spaces to eat,
drink, gather, and stroll with
friends and family are the
backbone of the Related Santa
Clara development.
Illustrative Plan
RELATED / Gehl
8 718/25 Applicant Presentation Item #7
@
Project Overview
As Approved
Parcel 3
Parcel 1
5.4 M SF
OFFICE
Parcel 2
1.5 M SF
RETAL
1,680 Units
RESIDENTIAL
DO8E
700 Rooms Parcel 4
HOTEL
"Parcel 5 Street Level Plan
RELATED ICch
Project Overview
Proposed
The Scheme C Variant alters
land uses in the northeast
campus, but retains the same
essential vision of a mixed-use,
transit-oriented development.
Related Santa Clara's Public
Realm Vision remains
unchanged in the Scheme C
Variant - it will be anchored by
lively public open spaces to eat,
drink, gather, and stroll with
friends and family.
#lustrative Plan
10 5
718/25 Applicant Presentation Item #7
Project Overview
Proposed
Parcel 3
- Parcel 1
4.5 M SF
OFFICE
800,000 SF - Parcel 2
TREAT
1,680 Units
RESIDENTIAL
700 Rooms
HOTEL Parcel 4
1.6 M SF
Parcel 5
Street Level Plan
11 Related Santa Clara's vision for a world-class City Center development remains unchanged, creating a destination-worthy, live-work-play environment rivaling best-in-class developments across the world. 12 6
7/8/25 Applicant Presentation Item #7
TR ATED"
SANT ICLAR
13 7