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Google, LinkedIn Vying For Same Property To Build New HQ

Google and LinkedIn were vying for a 2.2 million-square-foot -- about 50.5 acre -- piece of property in Mountain View's North Bayshore district. The city only planned to develop half the total acreage requested by the pair, but both companies tried to offer incentives to sell the city on their respective visions. The Silicon Valley Business Journal tells us LinkedIn promised to foot development costs of a basketball court, movie theater, and a gym with a pool. Google offered a more concrete number, a $200 million package that would have paid for a bike path along the highway and a public safety building. It turns out the city council gave LinkedIn most of the property, 1.5 million square feet or 34.4 acres. Google was offered 500,000 square feet, or 11.5.  The rest of the land will go to smaller projects or be reserved for future development.

Read the whole story at Silicon Valley Business Journal »

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