The power feed to J1 and thus to your sensor is from 5v not Vcc. If your sensor requires a pull-up to 5v then this resistor should be on the PCB.
I'd suggest using the 78L05 TO-92-case version for the regulator instead of the TO-220 version as its smaller.
Be careful with the SMD parts - what size have you selected? Also the temperature stability of C1 is important, if you're using a MLCC part you need to specify a C0G or NPO dielectric rather than the more common X5R/X7R.
The line on the connector footprint is the front (this from Kicad)

I'd suggest using the 78L05 TO-92-case version for the regulator instead of the TO-220 version as its smaller.
Be careful with the SMD parts - what size have you selected? Also the temperature stability of C1 is important, if you're using a MLCC part you need to specify a C0G or NPO dielectric rather than the more common X5R/X7R.
The line on the connector footprint is the front (this from Kicad)
