Pacific Commons Fremont | California

This 840-acre mixed-use development in the Silicon Valley area of California includes more than 1.2 million square feet of office and light industrial space (an Office Depot distribution center) and 1.18 million square feet of retail, including 18 major anchors.

Project Experience Sheet

Project Summary

  • 840-acre commercial mixed-use development serving the 880 corridor in Silicon Valley
  • 1.18 million square feet of completed power and entertainment retail including 17 major anchors
  • 1.2 million square feet of completed commercial research & development, light industrial and auto dealership
  • Extensive public art including 9 sculptures by world-class artist Aristides Demetrios
  • Over 400 acres of engineered wetlands completed and then donated to the San Francisco Bay National Wildlife Refuge

Project Highlights

Retail and Business

Pacific Commons has become the dominant retail power center serving the region and is the largest retail power center in Northern California.

  • Key anchors Target, Costco, Lowe’s & Kohl’s
  • Mid-size anchors and restaurants include Nordstrom Rack, Dick’s Sporting Goods, Old Navy, HomeGoods, P.F. Chang’s and Claim Jumper
  • Entertainment district—The Block at Pacific Commons—anchored by Century Theatres
  • 1.2 million square feet of commercial R&D and auto uses include:
    • SYNNEX Corporation, a Fortune 500 technology company
    • 400,000 sf distribution and call center for Office Depot

Remarkable Environmental Mitigation

Catellus took care to mitigate the habitat of several endangered species located on the site and to provide for the quality of their environment. Mitigation included:

  • Working with the U.S. Fish & Wildlife Service to create a series of wetlands that could serve as a healthy habitat for the tadpole shrimp and other endangered species
  • Constructing an 1,800-foot causeway to enable healthy water flows within the ecosystem
  • Donating a 440-acre wetland to the U.S. Fish & Wildlife Service in 2008 to become part of the Don Edwards San Francisco Bay National Wildlife Refuge

Infrastructure Financing
Catellus structured a $68-million Community Facilities District (CFD) to fund the infrastructure improvements on the 840-acre project. The first bond was posted in 2001 for $30 million, and the second was posted in 2005 for $38 million.