Lendlease announced it has entered into an agreement with Google to jointly undertake the master planning, entitlement, and development of three areas in the San Francisco Bay Area.
Over the next 10 to 15 years, the two companies will work together to redevelop Google’s landholdings in San Jose, Sunnyvale, and Mountain View. Lendlease estimates it will develop 15 million sf of residential, retail, hospitality, and associated community uses in the new neighborhoods. Additionally, Google will focus on developing its office space within these communities.
“Today's agreement expands on an existing and successful partnership that will help us deliver on two important objectives: our commitment to accelerate the production of residential units in the Bay Area, and our plan to build mixed-use developments,” said David Radcliffe, Vice President, Real Estate and Workplace Services, Google. “Lendlease will play a key role in helping deliver at least 15,000 new homes on our land.”
The residential, retail, hospitality, and other civic components have an estimated end development value of $15 billion. Development could begin as early as 2021.
Related Stories
Mixed-Use | May 17, 2017
The Lincoln Common development has begun construction in Chicago’s Lincoln Park
The mixed-use project will provide new apartments, condos, a senior living facility, and retail space.
Reconstruction & Renovation | Apr 27, 2017
One of the last abandoned high-rises in Detroit’s downtown core moves one step closer to renovation
Kraemer Design has been selected as the architect of record and historic consultant on the Detroit Free Press building renovations.
Mixed-Use | Apr 25, 2017
Dutch building incorporates 22 emojis into its façade
The emoji building is part of a larger mixed-use development built around a 150-year-old oak tree.
Mixed-Use | Apr 24, 2017
Take a look at Brooklyn’s Domino Sugar Refinery redevelopment
The master plan features market-rate and affordable housing, mixed-use space, and a waterfront park with a 5-block long “Artifact Walk.”
Sports and Recreational Facilities | Apr 21, 2017
Boston Celtics training and practice facility will be part of Boston Landing mixed-use development
The facility will also include two floors of Class A laboratory and office space and retail space.
Mixed-Use | Apr 7, 2017
North Hollywood mixed-use development NoHo West begins construction
The development is expected to open in 2018.
Mixed-Use | Apr 5, 2017
SOM-designed ‘vertical village’ is Thailand’s largest private-sector development ever
60,000 people will live and work in One Bangkok when it is completed in 2025.
Urban Planning | Mar 31, 2017
4 important things to consider when designing streets for people, not just cars
For the most part what you see is streets that have been designed with the car in mind—at a large scale for a fast speed.
High-rise Construction | Mar 31, 2017
Ping An Finance Center officially becomes the fourth tallest building in the world
The completed building sits between the Makkah Royal Clock Tower at 1,972 feet and One World Trade Center at 1,776 feet.
Mixed-Use | Mar 27, 2017
The Plant brings terrace-to-table living to Toronto
Curated Properties and Windmill Developments have teamed up to create a mixed-use building with food as the crux of the project.
