It seems that Google and Facebook are more ambitious companies than we thought. And both have decided to launch into the design of their own houses. It sounds incredible, yes, but it is true. Both well-known companies have already started their plans for this project.
In the wake of this, North Bayshore, a neighborhood in Mountain View, California, is growing rapidly , as Alphabet plans to spend $30 million to build 300 modular homes there. These facilities will be “short-term housing for Google employees only.”
In 2015, Google competed with LinkedIn for the rights to about 200,000 square feet of land here. The social media site ultimately came out on top, receiving about 450,000 square feet to Google's roughly 50,000 square feet. But a year later, a property swap with LinkedIn gave Google full ownership of North Bayshore.
The company is also growing. It has a $1.16 billion deal with NASA to lease the space agency's old airbase at Moffett Field for 60 years, where the modular homes will be built.
Mountain View residents have mixed opinions about Google's massive bahamas phone number growth. For one, George Markle, a resident of the area for more than 40 years, says the city "is proud to be home to one of the most innovative and disruptive companies on the planet, but many of us are hurt by rising rents and property taxes as prices skyrocket."
Resident Robert Rich says the million-dollar homes are “old, small bungalows, not mansions.” He also notes that the average rent in the area has risen from $2,970 to $4,038 a month in the past five years. Google plans to build a total of 9,850 homes in North Bayshore to address the housing shortage.
Google is not the only company trying to end the housing shortage in Silicon Valley. Facebook is also planning to build 1,500 homes on the Willow Campus, but further north, in Menlo Park. These homes will be available to the public, with 15% of them being below market value.