- Google announced on Monday that it would spend $1 billion in a major expansion in New York City.
- It said it locked down three properties near the Hudson River on New York's west side.
- Google says the expansion will enable it to add 7,000 employees in New York over the next decade, in what it is calling its "Global Business Organization."
Google plans to spend $1 billion to create a 1.7-million-square-foot campus called "Google Hudson Square" in Manhattan's West Village neighborhood, said the post by Google's chief financial officer, Ruth Porat.
Google said it locked down three properties as part of the expansion:
- 550 Washington St.
- 315 Hudson St.
- 345 Hudson St.
Google said it planned to start moving into the Hudson Street buildings in 2020 and the Washington Street building, called the St. John's Terminal, in 2022. Google Hudson Square will be the head of Google's "Global Business Organization," the company said.
All the locations announced on Monday are within walking distance of each other.
Google, which already has a massive office with 7,000 employees at 111 8th Ave., said the expansion would allow it to support at least another 7,000 employees in the city over the next decade. Google also purchased the Chelsea Market, across the street, for $2.4 billion, earlier this year.
The announcement caps off a busy quarter in tech expansion.
Last month, Amazon announced that it would move as many as 50,000 employees into new office complexes in Queens, New York, and Arlington, Virginia, while Apple said it would expand its footprint in Austin, Texas.