Not for economic reasons. Modest houses on modest lots sell in the seven figures there. Whoever owns the land could make huge money by selling to developers, but presumably the city council has made it clear that they won't approve a zoning change. Apparently, the people there already really want there to still be orchards in Cupertino, if only as a memory of what was.
Sounds like Steve Jobs wowed the city council, but after paying some attention to SV local politics, I wouldn't be at all surprised if the community rallied against this.
I imagine a large percentage of Cupertino residents are Apple employees or otherwise directly benefit from Apple being there. I'd think that the majority of the community would be completely happy for the biggest local company to spend a lot of money in their city, and to convert a big chunk of asphalt back in to green space.
I lived in Menlo Park for a year before moving to SF, and was struck by how anti-development the Menlo Park and Palo Alto governments (and ordinary citizens) were. Perhaps Cupertino is different.
And, this proposal is pretty damn cool. Underground parking? That's fabulous.
My perspective is biased -- I live in the Dogpatch/Mission Bay neighborhood where there are lots of new buildings, piles of dirt, and construction cranes.
<i>The City of Cupertino has responded to Apple's stunning new campus proposal. In the statement, Cupertino Mayor Gilbert Wong states "there is no chance we are saying no" to the new Apple campus. Apple proposal will still have to go through an environmental and a public hearing, but Wong says they are willing to bring on more staff to accommodate the process.</i>