Facebook (FB) is looking to enhance over its Silicon Valley campus.
The social media hulk pronounced on Friday it would build an further to its headquarters, formulating a multi-use formidable with stores, a pharmacy and 1,500 housing units. The expansion, dubbed “Willow Campus,” will embody 125,000 block feet of sell and be wholly open to the public, the company pronounced in a blog post. It’s on the site of the former Menlo Science Technology Park, adjacent to the company’s stream Frank Gehry-designed headquarters.
Facebook envisions that the first partial of the project, including the retail, office, housing and grocery space, would be finish by 2021.
Facebook and other Silicon Valley giants have faced criticism in new years for sketch thousands of workers to the Bay Area but a analogous boost in the housing supply. The company last year concluded to fund efforts to create and safety low-income housing. It expects 15 percent of the new housing units at Willow Campus, about 200 homes, would be next marketplace rate.
The company also pronounced it would create an east-west movement tie and “a future movement center.”
“Our wish is to create a earthy space that supports the village and builds on the existent programs,” John Tenanes, clamp boss of global comforts and genuine estate at Facebook, wrote in post. “Going forward, we devise to continue to work closely with internal leaders and village members to safeguard Facebook’s participation is a advantage to the community.”