Massive $6.5 billion Silicon Valley development gets key city approval
Mixed-use project in Santa Clara would rise in shadow of 49ers stadium
The Santa Clara (Calif.) City Council approved the next steps for a massive development project next to Levi’s Stadium, the new home of the San Francisco 49ers. The $6.5 billion mixed-use project would change the look of the Silicon Valley city.
Plans call for restaurants, apartments, offices, a hotel, a cinema and a theater on 8 million square feet adjacent to the new 49ers stadium. The site is expected to create 23,000 permanent jobs and about 1,500 construction jobs per year during the construction phase, the developer says.
Opponents want to preserve a municipal golf course and BMX bicycle track that would have to go to make way for the project. Neighborhood groups have also raised concerns about parking and traffic. Construction could begin in 2016.