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Google announces $1 bn sprawling campus in New York
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Top Stories |
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IANS | 18 Dec, 2018
Google on Monday announced to invest $ 1 billion to establish a new
campus in New York City. The 1.7 million square-feet campus called
Google Hudson Square will be the primary location for the company's New
York-based Global Business Organisation. According to Ruth
Porat, Senior Vice President and CFO of Google and its parent company
Alphabet, it hopes to start moving into the two Hudson Street buildings
by 2020, followed by 550 Washington Street in 2022 once the building is
complete.
"When we came to New York City almost two decades ago,
it was our first office outside of California. It's now home to more
than 7,000 employees, speaking 50 languages, working on a broad range of
teams including Search, Ads, Maps, YouTube, Cloud, Technical
Infrastructure, Sales, Partnerships and Research," Porat said in a
statement.
Earlier this year, Google announced the $2.4 billion
purchase of the Manhattan Chelsea Market and shared plans to lease
additional space at Pier 57 in the city where it came in the year 2000.
Since
2011, Google has contributed more than $150 million in grants and
employee-matched giving to New York non-profit institutions.
"With
these most recent investments in Google Chelsea and Google Hudson
Square, we will have the capacity to more than double the number of
Googlers in New York over the next 10 years," said Porat.
Google
is growing faster outside the Bay Area and has opened new offices and
data centres in locations like Detroit, Boulder, Los Angeles, Tennessee
and Alabama.
Amazon last month announced plans to split its second headquarters between Long Island City, Queens and Virginia.
Apple
last week announced it would expand its presence in several cities
across the US, including New York City. It also revealed plans for a new
$1 billion campus in Austin, Texas.
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