Now Google is bringing a new $1B campus to New York City
- Author: Eleanor Harrison Dec 18, 2018,
Dec 18, 2018, 0:53
The tech giant will lease Oxford Properties Group's St. John's Terminal at 550 Washington Street and take space nearby at Jack Resnick and Sons' 315 Hudson Street and Trinity Real Estate's 345 Hudson Street, Google's parent company Alphabet announced Monday.
Last week, Apple announced it would build a new, $1 billion campus in Austin, and last month Amazon said it would invest $5 billion in its new headquarters in NY and Arlington. It also follows Amazon's plan to build its new HQ2 campus in Long Island City in the Queens borough. The company now has more than 7,000 workers there.
The campus expansion will be finalized by 2022 and will allow Google to double its current staff numbers in the city.
The new campus, dubbed Google Hudson Square, will consist of 1.7 million square feet of office space in lower Manhattan, Google CFO Ruth Porat said in a blog post.
The new leased campus, which is over 1.7 million square-foot, will be the primary location for Google's global business organization, the company said in a blog post. "Our investment in NY is a huge part of our commitment to grow and invest in USA facilities, offices and jobs", she wrote. Last week, Apple announced it would expand its 6,000-person Austin campus by another 5,000 workers, with the potential to add an additional 10,000 people later on. (Pictured above: Artist's rendering of 315 Hudson St., which is now 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. "We believe that as our company grows, we have a responsibility to support the communities we call home", she said.
Facebook, based in Menlo Park, California, has over 2,000 employees in NY.
Saying Google has opened a string of new offices and data centers in 2018 - from Los Angeles, Boulder and Detroit to spots in Tennessee and Alabama - Porat added, "In fact, we're growing faster outside the Bay Area than within it".
However, Google has had a presence in NY for years already with little fanfare.