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Sand Hill Property Company filed an application with the City of Cupertino on March 27, 2018 entitled "Vallco Town Center Project Application pursuant to SB 35." The California Legislature passed new housing legislation, known as SB 35 and signed by Governor Brown on September 29, 2017, that changes some aspects of local review. The law authorizes a property owner to submit an application for a housing development that is not subject to a conditional-use permit and is permitted a streamlined ministerial approval process, so long as the development satisfies specified planning objective standards.

Sand Hill Property Company's proposal includes approximately 1.8 million square feet of office space, 400,000 square feet of retail, and 2,402 units of housing. Fifty percent of the housing units are proposed to be affordable. A new AMC theatre, bowling alley, and ice rink are also included in the plan. The City of Cupertino is committed to a review that is compliant with state housing law.