The tech giant inked a deal for a curvaceous, 777,000-square-foot campus in Sunnyvale, California, according to BizJournals.
Apple is said to have its sights set on occupying another iconic corporate campus in Silicon Valley.
The Cupertino, California-based tech giant has secured a deal for a curvaceous, 777,000-square-foot campus in neighboring Sunnyvale, according to BizJournals, a real estate news publication that cited unidentified sources. The deal -- believed to be a lease rather than purchase -- could provide room for as many as 3,000 workers, BizJournals reported.
Representatives for Apple and Landbank Investments, a Menlo Park, California-based real estate development firm behind the development, did not respond to requests for comment on the report.
The report underscores Apple's tremendous recent expansion in the Valley. In addition to the company's 850,000-square-foot headquarters in Cupertino and the 2.8-million-square-foot "spaceship" campus under construction on the other side of Cupertino, the company inked a deal in 2011 for 373,000 square feet of office space just a few minutes away from Apple's main office that would accommodate up to 1,300 additional employees.
Development of the 18-acre campus, which the Sunnyvale City Council approved a year ago, is slated to transform a collection of nine buildings constructed at the intersection of Wolfe Road and Central Expresssway during the 1960s and '70s with structures of striking design complimenting Apple's "spaceship" campus under construction about three miles away.
The proposed campus, which is illustrated at Notanotherbox.com, features three connected main buildings surrounding a central courtyard that will be wrapped in a curved-glass skin that will flow around the building like a rolling wave. Like the "Spaceship" campus, the new campus will be surrounded by park-like greenery and have buried parking for cars.
"We wanted something that was really different, lasting and interesting," Scott Jacobs, Landbank's CEO, told BizJournals in 2013 when the project was first proposed. Jacob said at the October 2014 city council meeting approving the project that the campus could be completed as early as March 2017.
The deal, the latest sign of Apple's robust workforce growth in the Silicon Valley, comes as Apple constructs a new campus across town on 150 acres, some of which was purchased from Hewlett-Packard. That project, which Apple CEO Steve Jobs said resembled a in 2011, has an estimated completion date of 2016.
While stumping for a new company headquarters, Jobs noted that "Apple's growing like a weed," yet its main campus only fits around 2,800 employees. Jobs said the company had around 12,000 employees in the area at the time who were being housed in nearby buildings, some of which were "not very good."