San Jose, Calif.
Cisco Systems Inc. is planning a $1 billion R&D complex at the Coyote Valley Research Park. Construction is scheduled to begin in summer 2000 on the 6.6 million-sf project, with completion anticipated in 2002. DivcoWest Properties Inc. of San Jose and Gibson Speno Co. are joint developers of the 365-acre campus.
Cisco is currently building a $100 million, 1.1 million-sf project--Site 5--in nearby Milpitas. September 2000 is the scheduled completion date for the project, which was designed and built by San Jose's DevCon Construction Inc.