Grand Opening at Assembly at North First in San Jose This Week

Assembly at North First, San Jose, LAM Research Campus, ProspectHill Group, SKS Partners, Invesco Real Estate, BART, Gensler, LAM Research, XL Construction Corp, Colliers International

San Jose, Calif. (October 15, 2018) – The completion of Assembly at North First, the first phase of an ambitious redevelopment project in North San José, will be celebrated with a ceremonial ribboncutting, at 12:30 pm, Wednesday, October 17, 2018, at 3930 North First Street, San José. Mayor Sam Liccardo will attend the event which includes an Open House, 11:30 am – 1 pm.

Phase 1 of the redevelopment of the 27-acre former LAM Research Campus included renovation of four buildings, two of which are being combined into a single 100,000 square-foot building. The three buildings represent about 300,000 square feet of open, airy interiors that are designed to appeal to today’s technology workforce. Partners in the project are ProspectHill Group and SKS Partners with Invesco Real Estate.

“We are thrilled to welcome Assembly at North First to North San Jose, and we want to thank ProspectHill Group, SKS Partners and Invesco Real Estate for their significant investment in repurposing this existing property into a beautiful, state-of-the-art development,” said San José Mayor Sam Liccardo.

Assembly at North First is located at the intersection of North First and Headquarters Drive, directly across the street from North San Jose’s thriving retail center @First. The development is within walking distance of housing, light rail, a community park, restaurants and retail amenities, and with easy access to 101, 237, 880 and the new Milpitas BART station.

Gensler, the project architects, have transformed the buildings which were built in the 1980s and ‘90s. Interiors and exteriors feature panels of decorative siding made of strips of garapa, a sustainable, South American hardwood, along with exposed beams and polished concrete floors. The project, which was constructed to LEED Gold standards, has a completely contemporary vibe and would be unrecognizable to the previous tenants.

“Our idea was to transform this campus into a thoughtfully designed transit-oriented project that can accommodate several smaller companies or a single organization requiring multiple buildings,” said Dan Kingsley, Managing Partner of SKS Partners. “Not every company can or even wants to locate in a new high rise, so our idea was to turn the R&D campuses of the Valley’s past into lifestyle-enhancing places where people can actually enjoy working.”

Assembly at North First includes amenities that speak to today’s workers, such as a huge indoor-outdoor fitness center with locker rooms and showers, and The Grove, a full acre of outdoor living and working space complete with wood-fired pizza ovens, comfortable seating areas, games and a fire pit. The campus layout is designed to face outwards as well as inwards, offering easy visual and walkable access to First Street light rail and to the shops and restaurants of North San José’s leading retail center, @First. Assembly at North First is the fourth venture undertaken by ProspectHill Group and SKS.

The second phase of Assembly at North First includes approximately 200,000 square feet in three buildings also from the 1980s and ‘90s. Novellus occupied the campus when it was acquired by LAM Research several years ago. Gensler is the project architect and XL Construction Corp. is the general contractor. Hart Howerton is the landscape architect. Colliers International Executive Vice President Craig Fordyce and Director Michael Rosendin and Vice President Shane Minnis will market the office space. See the Assembly at North First website for details.

About the Office of Economic Development
The San José Office of Economic Development (OED) is committed to a vital, competitive San José economy that increases prosperity for people and companies. OED guides the city’s economic strategy, provides assistance for business success, connects employers with trained workers, and provides art and cultural resources to our community. For more information, visit our website.

About the City of San José
With more than one million residents, San José is one of the most diverse large cities in the United States and is Northern California’s largest city and the 10th largest city in the nation. San José’s transformation into a global innovation center has resulted in one of the largest concentrations of technology companies and expertise in the world. In 2011, the City adopted Envision San José 2040, a long-term growth plan that sets forth a vision and a comprehensive road map to guide the City’s anticipated growth through the year 2040

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