Google will spend $1 billion on new NYC campus ‘Google Hudson Square’

Google will spend $1 billion on new NYC campus ‘Google Hudson Square’

Google became the latest U.S. tech giant to announce a major expansion plan, unveiling a $1 billion investment Monday to create a new campus that could double its New York City workforce to 14,000. The company has lease agreements at 315 and 345 Hudson Street in New York City as well as a letter of intent to lease space at 550 Washington Street.

In a blog post, Alphabet and Google CFO Ruth Porat wrote that it is leasing large office buildings in Manhattan's West Village neighborhood, the centerpiece of a campus more than 1.7 million square-feet large.

As it unveiled the Austin expansion plan, Apple also said it's growing in other spots far from Silicon Valley, with plans to add hundreds of new jobs in cities from Pittsburgh, New York and Boston to Boulder and Portland, Ore.

The campus expansion will be finalized by 2022 and will allow Google to double its current staff numbers in the city. The bulk of the company's New York workers is now located at 111 Eighth Avenue, a massive block-long building that was previously owned by the New York Port Authority.

There will be three buildings in all that make up the campus: two pre-existing buildings on Hudson Street and a yet-to-be-built building on nearby Washington Street. 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.

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When we came to New York City nearly two decades ago, it was our first office outside of California.

Last month, Amazon.com said it would open offices in NY and the Washington, D.C. area, creating more than 25,000 jobs.

"Our investment in NY is a huge part of our commitment to grow and invest in US facilities, offices and jobs", Porat said.

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Google has more than 7,000 workers in NY and Facebook has more than 2,000.

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