Plans are progressing to replace a single-story commercial structure with nearly three dozen homes at 1655 South De Anza Boulevard in Cupertino, Santa Clara County. The city has published the Notice of Completion for the environmental review process for CEQA. Oceanpine Capital is the project sponsor.
The project will create four three-story structures. The 23 apartments will be divided between two buildings totaling 64,100 square feet. The townhomes will be included in a four-plex and a seven-plex spanning 23,380 square feet.
Along with the housing, the project will create 7,500 square feet of commercial space with a capacity for 17 employees. Parking will be included for 99 cars and 22 bicycles. Residents will have access to a rooftop deck and ground-level landscaping.
Dahlin Group is the project architect. The facade materials will include stucco, vertical longboard siding, and stone along the base. Walnut Creek-based Ripley Design Group is responsible for the landscape architecture, with Sandis consulting for civil engineering and FTF Engineering as the structural engineer.
1655 South De Anza will create 34 dwelling units, including 11 townhomes and 23 apartments. Five units will be designated as affordable housing, including three apartments priced as very low income, one apartment at low-income, and one townhome to be priced for a moderate-income household. By including affordable housing, the plan benefited from the State Density Bonus Program, increasing residential capacity by 35%.
Oceanpine Capital is an investment firm with headquarters in Beijing and offices in Hong Kong and Silicon Valley. The firm was founded in 2016 with a focus on technology.
Demolition will be required for the existing 11,650-square-foot commercial building and related surface parking. An estimated timeline for construction has not yet been established.