Google expansion brings mixed feelings | Mountain View Online
Rohit Khare stashed this in Startups
The company also signed a lease for the 500,000-square-foot building that once housed the Mayfield Mall -- now undergoing a massive renovation -- and bought a 2.3-acre property at 1161 San Antonio Road with a pair of R&D buildings measuring 23,610 square feet and 10,380 square feet.
All told, Google will soon have space for 2,500 more employees at the Mayfield site
According to data service Real Facts, average rents for a two-bedroom, two-bath apartment in Mountain View went up from $1,897 in 2009 to $2,520 in 2012, and rents are continuing to rise dramatically this year.
As someone who lives close to that San Antonio development: That road can't handle that traffic.
Worse, $2520 rent in 2014 is impossible to find. That same place is now in the $3500-$5000 range.
Longtime residents are relocating to San Jose or East Bay.