KT Urban withdraws application to redevelop Oaks Shopping Center

Oaks Shopping CenterCourtesy of Dance Academy USA.

Developer KT Urban has withdrawn its latest application to demolish the existing Oaks Shopping Center to make way for a mixed-use development with office, hotel, apartments and retail. 

The public hearing was originally scheduled for tonight, January 11, but was then postponed to the City Council meeting of January 16. The City of Cupertino announced yesterday that the public hearing is now cancelled. A reason for the withdrawal was not provided in the city statement. In a short written statement, the developer informed us that “after careful consideration, KT Urban has decided that it would be best to pull the project from the City Council Agenda at this time.”

The redevelopment of the Oaks Shopping Center has received pushback from the City Council since December 2015, when the developer submitted a first plan for the site. 

In August last year, the Council voted 4-1 against KT Urban’s proposal for two alternative projects to replace the 40-year-old, 71,250 square foot shopping center.  The alternatives both included 69,500 square feet of commercial space, with one option adding 605 residential units and the other 270 residential units, a 170-room hotel and 280,000 square feet of office space. Both alternative plans included a 27,500 square foot movie theater, 42,000 square foot of ground floor retail, a transit center, three levels of underground parking and below market rate housing, according to city documents.

Mark Tersini, principal of KT Urban, said the project would add much-needed housing to the city and inject vibrancy into a struggling shopping center while increasing quality of life for Cupertino residents.

2 Comments on "KT Urban withdraws application to redevelop Oaks Shopping Center"

  1. Those of us that live near the Oaks Shopping Center are happy the proposal has been removed. We need a small shopping center. There is already too much traffic at this intersection and it cannot handle more traffic. The proposed high rise apartment buildings and hotel do not fit this area of 1-2 story homes.

  2. Garden Gate is already a very crowded school. These companies that are building houses – are they going to contribute to expanding the schools? No.

    It takes 15 minutes for me to get past the intersection in peak hours, and I’m not even talking about getting on the highway.

    A vibrant shopping complex and restaurant scene will add value to the community, this part of Cupertino lacks good hangout places. I’d vote for that any day over high density housing.

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