A $100M retail development set to debut in Silicon Valley this fall will be called Middle Plaza, but its prices will be “upper.”
Stephen and Jared Silver, proprietors of Stephen Silver Fine Jewelry, teamed with Silicon Valley real estate mogul John Arrillaga prior to his death in January to build the 35,000sq ft luxury marketplace. It will house brands including Hermés, Laurent Ferrier, Bovet, and Swiss watchmakers H.M Moser and Roger Dubuis.
Located in Menlo Park, not far from the campus of Stanford University, Middle Plaza is the first luxury development of its size and scope in a region that is one of the most affluent in the nation, according to CEO Stephen Silver.
“In 2018, John, Jared, and I agreed that the Middle Plaza development should answer the local community’s need for a new gathering space and destination that remains locally grounded yet rivals the world’s great shopping cities,” Silver said.
