Top Story
Location: San Jose, California, United States
Developer: Federal Realty Investment Trust, (NYSE:FRT)
Designer: SB Architects, MBH Architects, 3DI/Parsons, Russell Davis Architects, Good Fulton & Farrell Architects, BAR Architects, The SWA Group, Studios Architecture, Ankrom Moisan, WRNS Studio
Site Size: 42 Acres
Federal Realty, which helped spearhead the interest among developers in urban Main Street mixed-use environments opened one of the most ambitious projects of its kind in the United States when it developed the 42-acre mixed use village-within-a-city, Santana Row. Santana Row is a residential, office, shopping, dining, and entertainment district built at the apex of a main corridor in San Jose, California. Strategically located at the crossroads of three major South Bay freeways and across the street from one of the top shopping malls in the country, Santana Row is an inspired amalgam of residential homes and office space atop a vibrant array of retail stores and restaurants overlooking active main and side streets. Santana Row is firmly established as a thriving shopping and dining destination, combined with state-of-the-art office, residential and a 5-star hotel. Santana Row attracts 30,000 people daily and 12 million annually, both locally and globally, and has created a sense of place in Silicon Valley. It includes 50 shops, 30 restaurants, a 215-room boutique Hotel Valencia, two parks with outdoor seating and free Wi-Fi, 615 rental homes and 219 privately owned condos.
When Splunk Inc. snatched up 500 Santana Row in 2015, the 234,500-square-foot office building that anchors the south-west portion of the development, it became clear that Santana Row is as coveted of an address for dynamic tech companies as it is for retailers and San Jose residents. Federal Realty Investment Trust announced in November of 2016, the start of construction on 700 Santana Row, a 284,000 square-foot office building set on a signature plaza with a sweeping design inclusive of a 6,000SF rooftop terrace. Together 500 Santana Row, the under construction 700 Santana Row, and future adjacent office space offer the best value proposition to deliver worker productivity and retention, as well as measurable employee recruiting advantages. Federal Realty has developed the ultimate neighborhood to live, work and play and the community has embraced this concept for both economic and social reasons.
Publications: The ULI Global Awards for Excellence 2017 Winners and Finalists