Alphabet’s Google has submitted a proposal for a new tech campus in its historic home city of Mountain View. It plans to remodel 40 acres of the land into a mixed-use center which will include housing, retail, and community gathering spaces.
Michael Tymff, Google’s real estate director says the precise plan is to create a mixed-use neighborhood
The Middlefield Park master plan depicts a campus with 1.33 million square feet of office space, 30,000 square feet of retail-type use, up to 1,850 housing units, 20,000 square feet of civic and event space, and 12 acres of open space. It also requires developers to include residential space with a large-scale commercial building.
The master plan currently shows up to six residential buildings having 1,675 and 1,875 new homes. The company’s aim is to dedicate 20% of its residential space to affordable new homes. Michael Tymff, Google’s real estate director states that the precise plan is to create a mixed-use neighborhood where most of the needs and services are within walking distance from where one lives and works.
Google to partner with Lendlease, an Australia based real estate developer
Google will retain ownership of most of the campus, with most of the open spaces accessible to the public. It will include multiple parks, a recreation center that could be used as a soccer field, and an aquatic center. The company is entering into a partnership with Australia-based real estate developer Lendlease.
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This plan has come in addition to other Google expansions, which includes a larger proposed mixed-use campus 10 miles south of Mountain View in downtown San Jose. The plans are still undergoing city approvals until early 2021.
This project spans across 80 acres and more than 7 million square feet. It includes a major transition center, corporate hotel space, parks, and tall buildings.
Facebook and Microsoft also promise to build housing in their region
Google CEO Sundar Pichai has also announced that the company will invest $1 billion to develop at least 15,000 new homes in the San Francisco Bay Area. It mostly includes converting Google’s existing land into land zoned for residential space. Pichai also stated that more than 45,000 Google employees live in the San Francisco Bay Area.
With this announcement, other tech companies like Facebook and Microsoft have quickly followed up and promised to build and develop more housing in their perspective regions.