As part of Google’s downsizing that went into effect early this year, the company has gutted its development team for the San Jose campus.
The construction project, which was supposed to break ground before the end of 2023, has been put on pause, and no plan to restart construction has been communicated to contractors, according to people familiar with the matter who asked not to be named due to non-disclosure agreements.
— CNBC
The news broke on Friday amid a sector-wide fallout caused in part by the tech recession. CNBC reported that some sources now speculate as to whether or not the 80-acre development will be completed at the same scale though both LendLease and Google have reaffirmed their commitment to it in written statements. Google has now incurred $500 million in losses for the first quarter of the year alone on office lease exit fees.
Kohn Pedersen Fox, Heatherwick Studio, Grimshaw Architects, SHoP Architects, Solomon Cordwell Buenz, SITELAB urban studio, and West 8 were among the design firms attached to the construction, which was to be the single largest in San Jose history. The project was approved in 2021 after years of planning and an exchange with local opposition groups that ended in the decision to commit to adding $450 million worth of affordable housing and other community initiatives.
1 Comment
Live, work, play in city grand,
Reality bites.
Block this user
Are you sure you want to block this user and hide all related comments throughout the site?
Archinect
This is your first comment on Archinect. Your comment will be visible once approved.