Google Plans $13B In CRE Investments Across US
Google’s expansion will enable the creation of more than 10,000 new construction jobs in Nebraska, Nevada, Ohio, Texas, Oklahoma, South Carolina and Virginia.
Google is growing as tech giants tend to do and along with that growth the company’s commercial real estate footprint is expanding as well. Last year Google invested some $9 billion in project investments. This year, according to a new blog post by CEO Sundar Pichai, the company plans to make $13 billion in investments in data centers and offices across the US, with major expansions in 14 states.
“These new investments will give us the capacity to hire tens of thousands of employees, and enable the creation of more than 10,000 new construction jobs in Nebraska, Nevada, Ohio, Texas, Oklahoma, South Carolina and Virginia,” he writes.
Here is a geographic breakdown of these investments.
Midwest
Google is continuing to expand its presence in Chicago and is developing new data centers in Ohio and Nebraska. The Wisconsin office is set to move into a larger space in the next few months. Also, last November Google opened a Detroit office in Little Caesars Arena.
South
New office and data center development will double Google’s workforce in Virginia. Likewise with a new office in Georgia. Data centers in Oklahoma and South Carolina will expand, and Google is developing a new office and data center in Texas.
Northeast
Massachusetts has one of Google’s largest sales and engineering communities outside of the Bay Area, and it is building new office space there. In New York, the Google Hudson Square campus—a major product, engineering and business hub—will start to materialize over the next couple of years.
West
Google plans to open its first data center in Nevada and will expand its Washington office, which is a key product and engineering hub. In addition to investments in the Bay Area, its investments in California continue with the redevelopment of the Westside Pavillion, and the Spruce Goose Hangar in the Los Angeles area.