Three aging buildings at Boston Properties' North First Business Park are being cleared to make way for a brand new tech campus that could have up to 1.5 million SQFT of office space across seven buildings between 5-11 stories. However, it looks like these will likely not be built speculatively. Boston Properties is waiting for an anchor tenant before beginning construction.
There would be some retail included as part of the project along North First and some of the parking will be underground. The new campus will either be built in two or three phases depending on how large that first anchor tenant is. More details in the source link below.
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SVBJ
Looks like a miniature version of the new Samsung building which is a little further up North 1st. Would be nice to see something actually get built in that area ... there are 3 or 4 big projects being talked about but there doesn't seem to be much "real" action. For some reason, apart from Samsung, SJ has missed the boat in this current boom. Plus Micron's old building is totally empty next door to this and the corner of Zanker & Montague has 3 out of 4 buildings just sitting there, even after a nice rehab. I honestly don;t get it...are Santa Clara, Sunnyvale, Mountain View THAT much more desirable than SJ.
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