The San Jose California Master Development Agreement (SJ MDA) is a comprehensive and legally binding contract that outlines the terms and conditions for major development projects in the city of San Jose, California. It serves as a framework to guide and govern public-private partnerships (P3) aimed at promoting urban growth, economic development, and community enhancement. Under the SJ MDA, the city of San Jose enters into a long-term agreement with a private developer or a consortium of developers to collaborate on large-scale projects that typically involve the construction, operation, and management of public infrastructure, commercial buildings, residential complexes, mixed-use developments, and/or community facilities. This agreement lays out specific obligations, responsibilities, and benefits for both parties involved. The SJ MDA covers various aspects related to the project, such as land acquisition, zoning requirements, construction plans, financing arrangements, risk allocation, performance metrics, and timelines. It outlines the scope of the development, establishes design guidelines, and addresses environmental and sustainability considerations. Additionally, it outlines the rights and responsibilities of each party concerning project design, permitting, licensing, and compliance with relevant laws and regulations. There are different types of San Jose California Master Development Agreements, including "Build-to-Suit" agreements, where the developer constructs a project to meet the specific needs of a particular tenant or government agency. Another type is the "Redevelopment Agreement" which focuses on revitalizing blighted or underutilized areas by redeveloping existing structures or creating new ones. Additionally, "Public-Private Partnership" agreements entail the joint collaboration between the city and developer to deliver public services or amenities, such as transportation infrastructure, affordable housing, or recreational facilities. The SJ MDA aims to foster sustainable urban development, economic prosperity, and community well-being through effective public-private partnerships. The agreement ensures transparency, accountability, and mutual benefits for both the city and the developer, while also promoting the overall growth and well-being of San Jose, California.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.