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  • Apple Looking to Build Out a Campus in San Jose


    The Cupertino California company appears to be working with the city of San Jose on a development agreement for a campus on the north side of town. If authorized, this potential development could be larger than Apple’s Campus 2 coming in at 4.15 million square feet according to a recent report.

    There isn’t a finished version of the draft yet but it should be presented to the city’s Planning Commission sometime this month according to the Silicon Valley Business Journal. With the current terms, development rights could be locked in for 15 years and the campus would spread within 86 acres next to Orchard Parkway, Component Drive and Guadalupe Parkway.

    Apple has yet to submit an official development proposal but if the company gets to utilize the full 4.15 million square feet, the campus would dwarf even its future “spaceship” headquarters in Cupertino. Just last month, Apple signed a lease on a part of the property owned by realty firm, Steelwave. The company owns neighboring real estate sold by Ellis Partners and Lowe Enterprises, the latter planned to offer at least 1.8 million square feet.

    As of right now, plans for the new office space continue to remain unknown. Apple may decide to use it to support its automotive efforts, where speculation is pointing toward the creation of an electric car and potential self-driving technology. We’ll have to wait and see how these plans pan out and how Apple’s automotive foray turns out.

    Source: Silicon Valley Business Journal via AppleInsider
    This article was originally published in forum thread: Apple Looking to Build Out a Campus in San Jose started by Akshay Masand View original post