Oracle's vice president of US real estate and investment Randy Smith tells GlobeSt.com the expansion "really reflects the success of our e-Business initiates by allowing for consolidation of finance and administration functions for multiple countries in one location."
Oracle says it will push the contractor with an aggressive 11-month schedule to meet the estimated May 2002 completion date. Once completed, the new building will provide room for approximately 650 Oracle employees, and bring the building total to 220,000 sf.
Rocklin is an area of consolidation for the Oracle, which keeps its headquarters in Redwood Shores, about 20 miles south of San Francisco at the northern end of Silicon Valley. Smith says the nine-acre Rocklin site can hold another two buildings, but added that Oracle does not have current plans beyond building two. Between that and the nearby Hewlett Packard and NEC facilities, Smith says Rocklin and Roseville are experiencing tremendous growth.
Using DPR Construction, Oracle is exploring the use of more energy efficient materials in the design and construction of the building. The team is also researching electrical and mechanical systems that will minimize energy usage and looking at the use of lighting systems that would save on energy costs.
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