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MOUNTAIN VIEW, CA-As GlobeSt.com reported this morning, the Village at San Antonio Center, a signature gateway to Mountain View offering an exciting new place to live, work and shop, recently revised plans for Phase II of the $500-million development, complementing the Phase I component that is nearly complete.
And according to San Francisco industry expert Greg Martin, national real estate and hospitality practice leader of Moss Adams LLP, “These types of developments, which are close to transit (in this case a rail station), is where the developer wants to be, but, most importantly, where residents, shoppers and workers want to be as well.”
Martin explains that “Mountain View is an example of a Peninsula city that is demonstrating their commitment to maintaining the quality of life in a community, while, at the same time, placing housing and jobs close to transit to better accommodate growth and economic vitality. To me, that is smart.”
And David Hiebert, an EVP and managing partner at Cassidy Turley—who is involved in marketing the property—tells GlobeSt.com that “Companies today are looking for urban, transit-oriented office locations like the Village at San Antonio Center, one of the few true urban locations in Silicon Valley.” According to Hiebert, companies large and small, local and regional, will want to locate here because it's the “ideal environment.”
He points out that it is a five-minute walk to Caltrain, has “great accessibility and great facilities for bicycle commuters, and within a pedestrian-oriented development with retail, cafes and parks.” He points out that the firm “expects a fair number of employees will actually live in the apartments too—no car needed.”
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