Wednesday, February 22, 2006

Sunnyvale is on the move...with two major projects happening simultaneously!

This rendering shows the overall plan for the new Millennium Hotel, Silicon Valley and its condo complex in Sunnyvale.

In two years, when the Millennium Hotel, Silicon Valley opens its doors in Sunnyvale, the city--which currently has no four-star hotels-- could become one of the premier travel destinations in the South Bay or even Northern California.
On Feb. 13, the city of Sunnyvale issued demolition permits to allow Millennium Hotels and Resorts to turn the Four Points Sheraton at 1250 Lakeside Drive into a four-star "destination hotel" and condominium complex complete with wedding facilities, a
2,500-square-foot spa and 15,000 square feet of meeting space.
While the final cost of the project is still unknown because of unforeseen changes and rising material costs, it will easily surpass $100 million.
The first four-star hotel in Sunnyvale should open around the same time as the new Forum at Sunnyvale Town Center "lifestyle center."
Much like the Forum project, under construction on Mathilda Avenue where the old Town Center Mall stands, the Millennium complex will include 244 condominiums for permanent residents, including 30 below-market-rate units. And, much like the Town Center Mall redevelopment, the Millennium hopes to begin selling condominiums in late 2007 and open the hotel in early 2008.

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