The San Jose Fire Department Training Center holds drills Wednesday afternoon, July 12, 2017, in San Jose, California, in an area that may soon be transformed if city leaders choose the site for a new Google campus. (Karl Mondon/Bay Area News Group/TNS)
Far more people sleep in San Jose than work there, a challenge for the California city’s tax coffers. Now officials are hoping a massive property sale to Google will change that.
Google parent Alphabet Inc, already Silicon Valley’s biggest property owner, is negotiating to buy 40 acres of city-owned land for a new campus near San Jose’s SAP Centre and Diridon train station. It would bring as many as 20,000 jobs over the next 10 to 12 years. Even more important, it would include thousands of residential units – with 15% to 20% deemed “affordable” – to a region starved for housing.
Limited time offer:
Just RM5 per month.
