Google Plans New Headquarters, and a City Fears Being Overrun
J Thoendell stashed this in Tech
Google owns or leases about 7.3 million square feet of office space in Mountain View — roughly equivalent to three Empire State Buildings. That includes most of the property around its headquarters on the north side of the city near Highway 101, which cuts the length of the valley, according to Transwestern, a commercial real estate brokerage.
That success has brought Mountain View loads of tax dollars and a 3.3 percent unemployment rate, as well as skyrocketing home prices and intolerable gridlock. Good and bad, tech is responsible for most of it: Google is Mountain View’s biggest taxpayer, and technology companies account for 27 percent of the jobs in the Silicon Valley region, compared with 7 percent in California and about 5 percent nationally, according to Moody’s Analytics.
The result is an existential argument that pits residents who want to halt the city’s growth against people who think Mountain View needs to grow up and become a real city.