Slashdot Mirror
Google Gets Land For Its Futuristic Headquarters, Thanks To LinkedIn Deal (arstechnica.com)
An anonymous reader writes from a report via Ars Technica: Silicon Valley Business Journal reports that Google and LinkedIn have worked out a deal that will allow the two neighbors to swap a few million square feet of real estate. The deal will help give Google enough room to build its futuristic "canopy" campus. Ars Technica reports: "Google will receive all of LinkedIn's existing Mountain View territory, which consists of LinkedIn's 370,000-square-feet headquarters and almost eight acres of land LinkedIn had planned on turning into office space. LinkedIn will move a few miles across town into four office buildings currently owned by Google that come out to about 750,000 square feet of office space. LinkedIn instantly gets to double its office space while avoiding a costly 'five- to six-year' construction project, and Google gets the space and building rights it needs to build its crazy indoor/outdoor spiderweb canopy utopia. Google owns a huge chunk of land in Mountain View with many office buildings, but the buildings have all been hand-me-downs. In February 2015, Google announced plans to renovate its campus with an ambitious design featuring a large membrane covering configurable activity space. To expand, both LinkedIn and Google needed to compete for Mountain View's 2.2 million square feet of available commercial square footage. The city, fearing it would become an all-Google town, awarded the majority of the construction rights -- 1.4 million square feet -- to LinkedIn, leaving Google with nowhere to build its new headquarters. With the real estate swap, those construction rights go to Google, so the company now has all the space it asked for." Last month, Microsoft announced plans to acquired LinkedIn for $26.2 billion.
the looting of Linkedin begins
Rick B.
Every time a high tech company builds a new 'amazing' campus their stock falls soon after.
Seagate
Oracle
Yahoo
nNvidia
AMD
Microsoft
Apple (in the 90's)
and so on...
im heartbroken for folks who got millions for quarter acre lots just heartbroken
have you seen my sig? there are many others like it but none that are the same
no, we just dont like whining
have you seen my sig? there are many others like it but none that are the same
If you've read Parkinson's Law (and you should!) you'd know that institutions begin their decline just at the time they move into their perfect, palatial quarters.
for another fascinating episode of Commercial Real Estate Headlines?
Your post is hidden and receives a lower rating because you are hiding in anonymity. You are allowed to do that, but you do not get favoritism in moderation because of it. User accounts subject to Karma DO get favoritism in that regard, _IF_ they maintain high enough Karma to have the bonus and decide to keep it on.
Nobody hides your post you turd! Good grief, anyone can browse at -1 and see even your drivel. The moderation guidelines used to recommend that you do browse at -1 (I'm not going to look, you are the one whining so you can check). This is so that people who moderate can fix shilling/sock-puppetry/malicious moderation.
As a person who has been here using a login account for a very very long time I will happily tell you that there are moderation problems. You have no fucking clue what they are, or at least didn't present a single one here, but they exist. People and companies with multiple accounts who cheat to gain mod points for example is a valid complaint. You whining in all these posts about how abused you are as you hide in the anonymous basement is not.
Want good higher ranking posts at the time you submit? Use a named account, and don't post whiny rants. Don't want a name account, STFU.
No, I won't respond to further trolling.
-The wise argue that there are few absolutes, the fool argues that there are no probabilities.
Yay.
When all you have is a hammer, every problem starts to look like a thumb.
I doubt it's going to happen to Apple, because they're basically a sovereign currency issuer now, collecting a tax on apps and music. But I do remember Sun in the late 90s building a huge new building towards the end of their dominance.
I'm betting, all told, Google and Linked in pay about $200 in actual taxes and fees to Mountain View proper, for in the US, the bigger the corporation, the less they actually pay to support their physical presence (i.e., 'company town').
Why do so many tech companies insist on locating themselves in neighborhoods where a modest house costs $3 million? There are countless cities with reasonable costs of living, surely they could still attract lots of qualified people there?
Approving more construction would help, instead of expecting everything to stay the same.
APK likes to ask for responses to the same things over and over. Maybe he just likes the responses?