Google has ended its agreement with real estate developer Landlease for its San Francisco Bay Project, effectively scrapping its plans to build a campus with thousands of homes for employees and locals.
with real estate developer Landlease for its San Francisco Bay Project, effectively scrapping its plans to build a campus with thousands of homes for employees and locals. The companythe project in 2019, promising the"development of at least 15,000 new homes at all income levels" on at least $750 million worth of land it owns.
The San Francisco Bay Project is a collective name for Google's planned developments in San Jose , Sunnyvale and Mountain View . San Jose, in particular,the massive project in 2021, and it would've seen the construction of 4,000 homes, office space for approximately 20,000 employees, 300 hotel rooms and 10 parks. As part of the deal, Google had agreed to set aside $200 million in funding for displaced local businesses and job readiness programs.
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