Google's 80-Acre San Jose Mega-Campus Is on Hold as Company Reckons With Economic Slowdown

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Nederland Laatste Nieuws,Nederland Headlines

NEW: Google has halted construction of its proposed 80-acre campus in San Jose after the first demolition phase.

community benefits package that included displacement funds, job placement training, and power for community leaders to influence how that money would be spent.

in February."But yes, it's definitely concerning that a lot of the money is coming when the cranes are in the air."The demolition phase of the project took out a number of historic San Jose landmarks and forced the relocation of others. A 74-year-old dancing pig sign for Stephen's Meat Products had to be moved, and only a small part of an old bakery building remains."This is a dive bar, but I never thought of it as a dive bar.

LendLease said in 2019 that it struck a $15 billion deal with Google to spend the next 10 to 15 years redeveloping the company's landholdings in San Jose as well as nearby Sunnyvale and Mountain View, where Google is headquartered. But Radcliffe left Google in late 2022 after 16 years at the company. He was replaced by Scott Foster, who previously led global real estate for financial firm RBC. Sources familiar with Google's real estate projects described Foster as someone who is expected to be more conservative in spending, and more likely to slim down the scale of the campus, especially amid cost-cutting efforts.

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Nederland Laatste Nieuws, Nederland Headlines