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Office Project Sells to Housing Developer at 3896 Stevens Creek Boulevard, San Jose

Holland Partner Group has agreed to purchase 3896 Stevens Creek Boulevard in San Jose. Since 2019, the multi-acre property has been the focus of a commercial redevelopment proposal by Cypress Equities. The developer planned to add new office space above retail, but the shifting market has stalled the project.

The now-dead plans by Cypress Equities would have redeveloped 3896 Stevens Creek Boulevard with a 12-story office tower and a four-story fitness center. Alongside nearly half a million square feet of parking, the project was to build over 300,000 square feet of office space, 151,000 square feet for the Lifetime Health Club, and 15,000 square feet for ground-level retail. HKS Architects was responsible for the design.

3896 Stevens Creek Boulevard, image via Google Satellite

3896 Stevens Creek Boulevard, image via Google Satellite

Holland Partner Group is a Washington-based developer responsible for several major residential projects across the Bay Area. In Oakland, the developer opened the 24-story tower at 2016 Telegraph Avenue, an 18-story complex at 277 27th Street, and is finishing up work on a 16-story development next door at 2359 Harrison Street. In Santa Clara, Holland has overseen the opening of housing at Gateway Crossing by the city’s Caltrain Station and is still pursuing plans for 2200 Calle De Luna in Tasman East.

George Avalos for the Bay Area News Group broke the news yesterday that Holland Partner Group has agreed to purchase 3896 Stevens Creek Boulevard, according to documents published by the Santa Clara County Recorder’s Office. Further information about what Holland Partner Group might develop has yet to be shared.

3896 Stevens Creek office building, rendering by HKS Architects

3896 Stevens Creek office building, rendering by HKS Architects

The 4.7-acre parcel is located at the corner of Stevens Creek Boulevard and Saratoga Avenue. The existing strip mall is surrounded by several other low-rise apartment complexes, strip malls, and a Walmart box-store. Future residents might be 11 minutes from Santana Row and Westfield Valley Fair by bus, or less than half an hour from Downtown San Jose.

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3896 Stevens Creek Boulevard Cypress Equities Holland Partners Group
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