NEW YORK: Google revealed that it would invest $1 billion in the construction of new offices in New York. The new 1.7 million square foot 'Google Hudson Square' campus will include two buildings located at 315 and 345 Hudson Street and an office space situated at nearby 550 Washington Street in Manhattan.
It is the tech industry’s latest major expansion beyond the Seattle-San Francisco Bay corridor. It follows recent steps by Amazon and Apple to set up large operations well outside their home turf.Google opened its first office in New York nearly 20 years ago and now employs 7,000 people in the city.With the opening of their new campus in Manhattan, the company will double their workforce to 14,000 over the next decade. Amazon has plans on creating 25,000 jobs once its offices open in Queens.
Google signed lease agreements for the Hudson Street spaces and plans to move into the two buildings by 2020, the company said. It signed a letter of intent for the 550 Washington Street space, where it will move in 2022 once the building is complete.