Google some time before its plans for the project Camp San Jose He revealed that an area of 80 hectares has been allocated for it. Now, according to published reports, the tech giant has apparently stopped the development of this camp.
According to a new CNBC report, Google has stopped the construction of its campus, which was supposed to include 680,000 square meters of offices, 4,000 residential units, 4,000 square meters of retail and cultural space, and 15 hectares of park space on an 80-hectare land in Build downtown San Jose, California. It was claimed that the Google project could eventually be worth $19 billion and create 20,000 jobs after more than a decade.
Google’s statement about the development of Camp San Jose project
Google has not denied the report, and its spokesperson, Billy Thomson, released a statement to The Verge explaining:
“As we’ve announced, we’re working to ensure our real estate investments match the future needs of our diverse workforce, businesses and communities. “While we continue to evaluate how best to move Downtown West forward, we remain committed to the San Jose project for the long term and are committed to its development.”
While Thomson didn’t specifically say in its statement that Google plans to temporarily halt development of Camp or that it is no longer interested in developing it, a spokesperson for the tech giant also shared a report saying that Google simply changed its schedule. Is.
However, CNBC is apparently less hopeful, noting that Google is trying to reduce its office space rather than increase it, to the point where it will incur half a billion dollars in expenses this quarter.