The next development chapter for a top-notch swath of Silicon Valley land under the Great America theme park might be a game-changer for Santa Clara that’s a decade — or just a few year…
SANTA CLARA — The next chapter for a prime plot of Silicon Valley land beneath the Great America amusement park in Santa Clara is poised to be a game-changer that might be a decade — or just a few years — in the making.
“This is a golden site,” said Dave Sandlin, an executive vice president with Colliers, a commercial real estate firm. “The door is wide open for that location.” “Residential would fit well there, office would fit well and retail would fit well there,” Sandlin said. “There is a lot of office space that’s empty in the Santa Clara market,” Mahoney said. “Until the office market is ironed out in Santa Clara, Prologis probably isn’t going to build office buildings” on the Great America site.
“Who knows what will happen with either of these projects,” Mahoney said. “When and until everything is ironed out with these two projects, Prologis will probably bide its time with the Great America site.”
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