Sares Regis Group to Serve as Development Manager for NVIDIA’s New $300 Million – 500,000 Square Foot HQ and Parking Structure
500,000-Square-Foot Office Building Planned for 24-Acre Site
SANTA CLARA, CA – Feb. 20, 2013 – SRGNC CRES, LLC, a division of Sares Regis Group of Northern California, will serve as development manager for NVIDIA’s iconic, innovative and sustainable new headquarters building in Santa Clara. The project, part of NVIDIA’s campus expansion in Santa Clara, will be developed in two phases of 500,000 square feet.
Phase 1 of the project anticipates constructing a single 500,000 square foot building, beginning in June 2013, with two levels of office and lab space, accommodating up to 2,500 people. Phase 2 will occur when NVIDIA’s growth requires it. The development site is situated on the south side of a 24-acre parcel, purchased by NVIDIA in 2008. The property is located west of San Tomas Expressway and bordered by Central Expressway and Walsh Avenue.
“We are excited to develop an inspiring and productive workplace for NVIDIA,” said Jeff Birdwell, president of commercial development at SRGNC. “Our specialized team is committed to incorporating innovation and high energy into the work environment to reflect NVIDIA’s collaborative, energetic culture.”
The Phase 1 office building will be an addition to NVIDIA’s existing 12-building campus that currently totals one million square feet. NVIDIA’s Santa Clara campus is currently home to approximately 3,300 employees, contractors and vendors, with total capacity of 4,000. NVIDIA has more than 7,500 employees worldwide.
SRGNC will oversee the project and Gensler will serve as the project architect. Webcor will serve as the general contractor. Other members of the development team will be determined soon. Construction is scheduled to begin in June 2013 with projected occupancy in May 2015.
For more information on NVIDIA, and its plans for this new iconic building, please go here.
About Sares Regis Group of Northern California
Sares Regis Group of Northern California and its affiliates, Regis Homes Bay Area and Regis Contractors Bay Area, are regional companies based in San Mateo, California, and are affiliated with Irvine-based SARES•REGIS Group. As leading developers and managers of commercial and residential real estate in the western United States, the companies have more than 6.5 million square feet of commercial properties valued at $500 million and over 2,800 residential units under development.
Sares Regis Group has a combined portfolio of property and fee-based assets under management valued at more than $4 billion, including 14,000 rental apartments and 15 million square feet of commercial and industrial space. Since its inception, the company has acquired or developed approximately 46 million square feet of commercial properties and 20,000 multifamily and residential housing units. For more information, please visist: www.SRGNC.com.