Developer Submits Formal Entitlements for State of the Art Campus at Highways 101, 87 and San Jose International Airport
San Jose, CA – Ellis Partners LLC announced today that it has submitted formal entitlements to develop the 101 Tech campus located near the San Jose Airport. Once constructed, the complex can host three six-story Class A office buildings totaling 665,000 square feet and a gathering hall that can house a private food court and fitness center. The project will bring much needed “new generation” office space to the Highway 101 & 87 corridor in North San Jose. Ellis is targeting to complete the entitlement process by September.
“I thank Ellis Partners for its investments and for pursuing a plan to build a new world-class campus in North San Jose where global technology companies like Cisco, eBay, Brocade, Cadence, Novellus and Altera are headquartered,” Mayor Chuck Reed said. “The City of San Jose is committed to moving at the speed of business and we will work with Ellis Partners to meet its development timelines.”
Ellis Partners, a San Francisco based developer, acquired the property in August of 2011 from the Atmel Corporation. It consists of 12.9 acres of vacant land and a two-story, 291,000 square corporate headquarters building that will be vacated in June of this year. Ellis Partners also plans to commence a major renovation of the existing building as soon as Atmel Corporation moves out. The buildings are master-planned such that all four buildings create a campus environment, of approximately 1 million square feet, with unparalleled visibility from Highway 101 and 87. 101 Tech represents one of the last remaining places in Silicon Valley that can accommodate a campus requirement of this scale.
“101 Tech demonstrates our long history of providing environments that cater to technology based companies. We have taken what we have learned with our many tech-focused, urban infill projects such as Emerytech in Emeryville and 303 Second Street in San Francisco’s SOMA district to create a working environment that is unique in the San Jose market area. We believe this is an ideal location to establish such a cutting edge project,” said Dean Rubinson, Senior Vice President of Development at Ellis Partners. “We look forward to accommodating companies that seek a creative campus setting in a convenient location at the heart of the greatest technology cluster in the world,” he added.
In addition to great visibility and access to Highway 101 and Highway 87, the 101 Tech site is directly across Highway 101 from the San Jose Airport and is within walking distance from VTA light-rail’s Component Station.
Construction on the property can begin after formal approval by San Jose authorities. The project is being marketed by Phil Mahoney, John Yandle, and Michael Saign of Cornish and Carey. Renderings and site plans are available upon request.