Business, Finance & Economics

Google is planning a huge $1 billion campus in New York

Yes ! Google is one more step towards it’s ongoing massive journey.

Google has set plans to dramatically boost its footprint in New York City: The internet giant said it will invest more than $1 billion to establish a new 1.7-million-square-foot campus, Google Hudson Square, in Manhattan. The move is a major part of Google’s expansion plans in the city that will let it more than double its headcount in NYC, to over 14,000 workers, over the next decade.

Google Hudson Square will become the company’s primary HQ in NYC, CFO of Google and parent company Alphabet Ruth Porat wrote in a blog post Monday. “Our investment in New York is a huge part of our commitment to grow and invest in U.S. facilities, offices and jobs,” she wrote.

Google expects to start moving into two buildings in Manhattan’s West Village neighborhood — at 315 and 345 Hudson Streets — by 2020. (Pictured above: Artist’s rendering of 315 Hudson St., which is currently undergoing redevelopment by its owner, real-estate firm Jack Resnick & Sons.) That will be followed by the nearby St. John’s Terminal building, at 550 Washington St., in 2022 once the building is complete.

Earlier this year Google announced a $2.4 billion deal to buy the Chelsea Market shopping and office complex, where it has several floors of offices, and plans to lease an additional 320,000 square feet of space at Pier 57.

After establishing its first NYC offices in 2000, Google currently has more than 7,000 employees in the Big Apple. All told, with Google Hudson Square and other expansion plans, Google will have office space to be able to more than double the number of staffers in New York over the next 10 years, according to Porat.

Google’s newest Manhattan project come as Amazon, another internet-industry giant, also picked New York City for a massive new outpost. Last month, Amazon announced that it will establish dual East Coast headquarters located in Long Island City, in the NYC borough of Queens, and the in Arlington, Va. Amazon said it would hire some 25,000 workers in each location. Meanwhile, Apple last week unveiled a $1 billion expansion project of its own in North Austin, Texas, along with plans to boost headcount in additional cities, including Culver City, Calif.

According to Porat, Google is growing faster in areas outside its home base of the San Francisco Bay Area, noting that the company this year opened new offices and data centers in locations including L.A.; Detroit; Boulder, Colo.; Tennessee; and Alabama.

Google has contributed more than $150 million in grants and employee-matched giving to New York nonprofit institutions since 2011, according to Porat. Projects have included outfitting the New York City Public Library System with free Wi-Fi hotspots for public school students and families without home internet access.

All this adds up to a major hiring push outside of the Bay Area.

“Our investment in New York is a huge part of our commitment to grow and invest in U.S. facilities, offices and jobs. In fact, we’re growing faster outside the Bay Area than within it, and this year opened new offices and data centers in locations like Detroit, Boulder, Los Angeles, Tennessee and Alabama,” wrote Google CFO Ruth Porat.

Google and Apple’s commitments come after Amazon announced that New York would be the location for its much-anticipated “HQ2” following a long search that pulled in authorities from cities and states across the U.S.

GOOGLE IN United States

In 2006, Google moved into about 300,000 square feet (27,900 m2) of office space in New York City, at 111 Eighth Avenue in Manhattan. The office was designed and built specially for Google, and houses its largest advertising sales team, which has been instrumental in securing large partnerships.The New York headquarters includes a game room, micro-kitchens, and a video game area. In 2010, Google bought the building housing the headquarter, in a deal that valued the property at around $1.9 billion, the biggest for a single building in the United States that year. In February 2012, Google moved additional employees to the New York City campus, with a total of around 2,750 employees.

Google’s New York City location continued to expand in 2018. In March of that year, Google’s parent company Alphabet bought Chelsea Market building for $2.4 billion nearby its current New York HQ. The sale is touted as one of the most expensive real estate transactions for a single building in the history of New York. The same December, it was announced that a $1 billion, 1,700,000-square-foot (160,000 m2) headquarters for Google would be built in Manhattan’s Hudson Square neighborhood. Called Google Hudson Square, the new campus is projected to more than double the number of Google employees working in New York City.

By late 2006, Google established a new headquarters for its AdWords division in Ann Arbor, Michigan.In November 2006, Google opened offices on Carnegie Mellon’s campus in Pittsburgh, focusing on shopping-related advertisement coding and smartphone applications and programs. Other office locations in the U.S. include Atlanta, Georgia; Austin, Texas; Boulder, Colorado; Cambridge, Massachusetts; San Francisco, California; Seattle, Washington; Kirkland, Washington; Birmingham, Michigan; Reston, Virginia, and Washington, D.C.

In October 2006, the company announced plans to install thousands of solar panels to provide up to 1.6 megawatts of electricity, enough to satisfy approximately 30% of the campus’ energy needs.The system will be the largest solar power system constructed on a U.S. corporate campus and one of the largest on any corporate site in the world. In addition, Google announced in 2009 that it was deploying herds of goats to keep grassland around the Googleplex short, helping to prevent the threat from seasonal bush fires while also reducing the carbon footprint of mowing the extensive grounds. The idea of trimming lawns using goats originated from Bob Widlar, an engineer who worked for National Semiconductor. In 2008, Google faced accusations in Harper’s Magazine of being an “energy glutton”. The company was accused of employing its “Don’t be evil” motto and its public energy-saving campaigns to cover up or make up for the massive amounts of energy its servers require.

Another corporate giant that has outgrown its West Coast hub is Cupertino, California-based Apple, which last week said it would spend $1 billion to build a new campus in Austin, Texas, that will create at least 5,000 jobs.

Both Google and Apple handled their expansion plans quietly, while Amazon asked for municipalities across the country for proposals, prompting critics to call it a “Hunger Games” contest.

 

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