Samsung is Planning to Build Two Office Towers in San Jose

The good news train keeps on rolling. Samsung is expanding in San Jose, and they are deciding to build up instead of sprawl across a larger campus. They are going to tear down their current buildings and build two 10-story towers. The new development will total 650,000 sqft (i.e. these will be massive 10-story buildings) and allow Samsung to triple their workforce in San Jose to 900 employees.

Most of the office buildings in San Jose were built speculatively by developers and were not built to suit a specific company. Samsung will have a rare opportunity to really build something that will stand out in North San Jose and showcase their brand. I'm keeping my fingers crossed that they will decided to create something more unique than a box.

As for location, it couldn't be better for a dense building. They are right on the intersection of two Lightrail lines and minutes away from thousands of homes, hundreds of tech companies in the golden triangle, the @First development, and highways 237, 101, and 880. This is very exciting news indeed. Groundbreaking can happen as soon as mid 2013!

Source: The Merc

n1: North First Campus

This is easily the most impressive office project that is underway right now in Silicon Valley. n1 consists of 1.8 million square feet of office space, tons of outdoor spaces, new cafes, and impressive athletic facilities (check out those rooftop tennis courts in the second to last photo). The entire development is off of North 1st with Component Drive bisecting the project and providing access to parking. There will be a new street called campus way that looks almost like a little downtown street and connects all of the main entrances to each buildings and hopefully some retail. You can see this in the fifth photo. Everything is within a 10min walk to lightrail, providing easy access to Downtown and other companies on First St., Tasman, etc.

For a campus-style project, this is exceptional design and I can't wait to see who the tenants are going to be.

1 Million Square Foot Office Campus Coming to North First

Ellis Partners is planning to build a massive Class A office campus on Orchard Parkway called 101 Tech. Currently Atmel is headquartered here in a two story building, which they are vacating in June. The plan is the renovate that building and then build 3 new 6 story buildings and a 1500 space parking garage. The total size of usable space is 956,000 sqft, making it one of the largest office developments in the Bay Area.

This location has immediate access to Light-rail, SJC, 101, and 87 and is surrounded by flagship offices for some of the largest tech companies in the world.

Source: SJBJ

Chick-fil-A Officially Coming to San Jose! PART 2

I have some additional updates from an event today regarding the Chick-fil-A coming to @First on July 26th. It's going to be the first restaurant in San Jose to be LEED certified (extremely energy efficient). They also are already planning another restaurant this year in Walnut Creek and are shooting for 3-5 new Bay Area restaurants a year.

Lastly, they have an interesting event tied to the launch where 100 people will get a year's supply of Chick-fil-A.  Details below:

Chick-fil-A will celebrate the grand opening of the new San Jose restaurant by giving away a one-year supply of free Chick-fil-A meals (52 certificates) to the first 100 adults in line on opening day. The “First 100” celebration draws Chick-fil-A raving fans up to 24 hours in advance. They arrive with tents, air beds, TVs, lap top computers, gaming systems and other activities to pass the time while camping out overnight. Since the event began in October 2003, Chick-fil-A has given away more than $16 million in free food. 

The new restaurant is one of 92 locations the chain plans to open across the country in 2012, creating nearly 7,000 new jobs. Despite the challenging economy, Chick-fil-A continued to grow in 2011, reporting record-setting annual sales of more than $4 billion, representing a 13 percent increase over 2010 and the 44^th consecutive year of sales growth since the company began in 1967.

Chick-fil-A topped large chain category in Zagat’s 2011 National Fast Food Restaurant Survey that measured the opinions of 6,000 consumers covering 103 chains. With each chain being rated on its quality of food, service and facilities, the survey scored Chick-fil-A first in service and the chargrilled sandwich categories; and second in the areas of food, best drive-thru, most child friendly, and facilities. In 2011, Chick-fil-A also received Consumer Reports Top Chicken Chain for food and service.

New San Jose Marriott Hotel(s)!

Finally, a new major construction project! Barry Swenson is planning to break ground on an 8 story building that encompasses two different Marriott hotels, SpringHill Suites (146 rooms) and Residence Inn (175 rooms). The building will be located on the corner of Airport and North First and should be ready for prime time by summer 2014. I'm hoping they'll add at least a restaurant that is easily accessible from the street.

The market for hotel financing is brutal right now, so that fact that this project is a go bodes well for the San Jose region. For more info, click here.

Sweet Tomatoes Grand Opening and Charity Fundraiser

Sweet Tomatoes will be the 5th restaurant to open up at the new @First project bordering 237 and North First Street (Five Guys, Chipotle, Panda Express, and Panera are already open). On November 1st they will  have their official grand opening; however, they have a great concept for a "soft opening" this weekend. On Oct 28th, 29th, and 30th they will be charging only $5 for the buffet. The best part is 100% of that money will go to the American Red Cross Silicon Valley Chapter. It's a promotion where everybody wins! Diners get a substantial discount, money goes to a great cause, and new employees get trained before the grand opening.

I have always been a fan of Sweet Tomatoes. There are on my very short list of favorite chain restaurants and the only buffet I'll eat at outside of Vegas. The @First location is the most upscale I've seen (like most other things in @First... I thought the Panera was going to be a high-end restaurant before the sign went up). Even if you are closer to the Coleman, South San Jose, or Sunnyvale locations, this one is worth checking out. Full details on the fundraiser below:

Sweet Tomatoes Offers Sweet Deal:  $5 All-You-Care-To-Eat at New

North San Jose Location on October 28 – 30

Pre-opening “fun-raiser” to benefit American Red Cross Silicon Valley Chapter

(SAN JOSE) October 21, 2011 – The newest Sweet Tomatoes, located at 4180 N. First St. in the @First Shopping Center is scheduled to open on Tuesday, November 1. To celebrate the grand opening, Sweet Tomatoes has partnered with American Red Cross Silicon Valley Chapter to host a preview fundraiser event on the following dates:

• Friday, October 28, from 11:00 a.m. to 2:00 p.m. and 5:00 p.m. to 7:00 p.m.
• Saturday, October 29, from 11:00 a.m. to 2:00 p.m. and 5:00 p.m. to 7:00 p.m.
• Sunday, October 30 from 11:00 a.m. to 3:00 p.m.

For only $5.00 (five dollars), guests can enjoy Sweet Tomatoes’ 45-foot salad bar full of fresh, seasonal vegetables and tossed salads, made-from-scratch soups and hand-crafted muffins, focaccia, breads and desserts. Sweet Tomatoes will donate 100 percent of the proceeds to the American Red Cross Silicon Valley Chapter, a non-profit, humanitarian organization that depends on the generous contributions of time and money from local Santa Clara County residents and companies to provide services and programs that help our community prevent, prepare for and respond to emergencies.

Sweet Tomatoes seeks to be a vital and contributing part of each community in which it operates. To reach this goal, restaurants offer a “Fun-Raiser” program through which charities, churches, schools, athletic teams, scout troops and other non-profit organizations may raise funds by hosting in-store events. The restaurants assist in marketing the non-profit’s event by creating master flyers for distribution and promotion.

Sweet Tomatoes, named one of America’s “Best Chain Restaurants” byParents Magazine, offers a rotating menu of more than 100 original, made fresh dailyrecipes featuring signature salads, soups, bakery goods and hot pasta sauces, at an all-you-care-to-eat price.  All food is prepared without the use of artificial flavors, colors, additives or artificial trans fats. 

Sweet Tomatoes in North San Jose will be open daily from 11:00 a.m. – 9:00 p.m. on weekdays, 11:00 a.m.-10:00 p.m. on Friday and Saturday and 9:00 a.m. – 9:00 p.m. on Sundays beginning on November 1.  For more information visitwww.sweettomatoes.com or call (408) 526-0200. For more information on American Red Cross visit www.siliconvalley-redcross.org.       

About Sweet Tomatoes

Sweet Tomatoes was founded in 1978 in San Diego and currently operates 121 salad buffet-style restaurants across the western, southern and eastern portions of the United States. Sweet Tomatoes cares about what comes out of guests’ wallets and into their bodies by creating an exceptional, all-you-care-to-eat dining experience with a daily selection of made-from-scratch soups and salads and hand-crafted muffins, focaccia, breads and tasty desserts. By combining high-quality, farm-fresh and scratch-made foods for a fixed price, the restaurants provide guests with the freedom to create their own wholesome meals. The restaurant concept is built around fresh prepared, great-tasting recipes with a salad bar full of seasonal vegetables and tossed salads prepared exhibition-style every 20 minutes. Sweet Tomatoes restaurants are open daily for lunch and dinner. For more information, visitwww.sweettomatoes.com.

About American Red Cross Silicon Valley Chapter :

Founded in January 2009 with the merger of the Palo Alto Area and Santa Clara Valley chapters, the American Red Cross Silicon Valley Chapter is a non-profit, humanitarian organization that depends on the generous contributions of time and money from local Santa Clara County residents and companies to provide services and programs that help our community prevent, prepare for and respond to emergencies. Led by volunteers and supported by community donations, your American Red Cross Silicon Valley Chapter is part of a nationwide network of approximately 710 locally supported chapters dedicated to saving lives and helping people prevent, prepare for and respond to emergencies.

Netflix is Moving Some Operations to San Jose

Netflix is dividing up operations into two different divisions, one that will focus on streaming video and another that will focus on their traditional DVD and Bluray mail-based rentals. Well, it just so turns out that DVD operations are moving to San Jose in North First Street. 225 engineers are expected to make the move, along with a substantial amount of sales tax dollars. 

Netflix is a company that is expanding very quickly and desperately needs more space. Los Gatos has been a difficult partner in accommodating their growth needs, and I have a feeling that they are testing the waters in San Jose. If they continue to grow at their existing rate and things work out well in the San Jose office, perhaps they will choose to also relocate their streaming operations at some point.

For more info on the Netflix move, click here.