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Google will spend $1 billion on new NYC campus 'Google Hudson Square'
- The new Google NYC campus will be called “Google Hudson Square.”
- Google Hudson Square will cost at least $1 billion.
- The campus expansion will be finalized by 2022 and will allow Google to double its current staff numbers in the city.
Today, Google revealed its official plans for the expansion of its New York City campus, via Politico. The new Google NYC headquarters will be dubbed “Google Hudson Square,” aptly named due to the location of the buildings in the lower Manhattan district by the same name.
Google plans to invest over $1 billion in the creation of the campus.
There will be three buildings in all that make up the campus: two pre-existing buildings on Hudson Street and a yet-to-be-built building on nearby Washington Street. Google expects to begin moving into the Hudson Street buildings by 2020 and for the new building to be complete by 2022.
Google and Alphabet Chief Financial Officer Ruth Porat said in a blog post that the company will also “continue to deepen our commitments in STEM education, workforce development and access to technology,” which will include creating a program to train workers in digital skills. “We believe that as our company grows, we have a responsibility to support the communities we call home,” she said.
The Google NYC expansion comes as other tech giants from the west coast start moving eastward. Amazon’s move to both New York City and Virginia, in particular, is causing some controversy due to the heavy tax breaks the company is receiving. Several New York City protests have already happened related to the move.
However, Google has had a presence in New York for years already with little fanfare. It’s likely this expansion won’t receive the same amount of antagonism.