There was good news and not as good news on the Google front recently. The good news was that Google is breaking ground on its new technology village project in downtown San Jose this month. The bad news is that, unlike our Gifford Place project, I won’t be driving their bulldozer when the demolition starts.
But that’s ok; we’re looking forward to having the world’s biggest search engine company as a neighbor. After all, they’re anticipated to spend $19 billion dollars on what they call “Downtown West,” further improving the infrastructure and adding to the excitement of living and working in the city. As they build out over the next ten years, the Google campus will eventually cover about 80 acres. Some 25,000 people will work there, many in high-paying jobs, according to reports. There will be parks, a large community center and also offices and apartments.
What’s not to like about that? We have three projects less than 500 yards away from where they’re building. We think visitors to the Google campus will need somewhere to stay, benefiting our Keystone hotel. Google employees will need a place to live, like our TMBR. Everybody will be looking for restaurants and entertainment and we have that, too, at Paseo. And, by the way, Google vendors who come to town will need office space which should be good for Fountain Alley and Icon/Echo.
I’m a little disappointed about the bulldozer but I couldn’t be happier to have Google in town. To find out how you can be a part of the growing excitement in downtown San Jose, contact us today.
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