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Mon Dec 17, 2018, 07:50 AM

Google to invest $1B in newly unveiled New York City campus

Source: Politico

By CRISTIANO LIMA 12/17/2018 07:44 AM EST

Google today is announcing plans to invest over $1 billion in capital improvements to create a new 1.7-million-square-foot campus in Lower Manhattan, dubbed "Google Hudson Square."

As part of the New York City expansion, Google and Alphabet Chief Financial Officer Ruth Porat said in a blog post out this morning that the company "will have the capacity to more than double its staff" in the city over the next 10 years.

The company plans to start moving into two properties on Hudson Street by 2020, and into a newly created building on Washington Street by 2022. "Google Hudson Square will be the primary location for our New York-based Global Business Organization," Porat said.

The Google exec said the company will also "continue to deepen our commitments in STEM education, workforce development and access to technology," including by 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 wrote.

Read more: https://www.politico.com/story/2018/12/17/google-to-invest-1b-in-newly-unveiled-new-york-city-campus-1067109

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