updated 12:55 am EDT, Thu July 21, 2011
Large complex could house over 1,000 workers
On the heels of several years' worth of remarkable growth rates, Apple itself is expanding -- striking a deal to lease a large office complex in Cupertino near De Anza College, a complex currently known as Results Way Corporate Center that currently houses nine large office buildings. City officials estimate the center could house as many as 1,300 workers, the San Jose Mercury News is reporting.
The complex offers 373,000 square feet of space, and located just west of the college. An expansion boom in nearby towns such as Menlo Park and Mountain View have made large office complexes difficult to find on the market. Facebook, Twitter, Microsoft and other tech companies have all seen recent expansions, echoing the "tech boom" of the early 90s and making vacant office space in the northern part of Silicon Valley a scarce commodity.
It's unclear if the company plans the lease as temporary quarters for departments that will eventually be housed in the future "spaceship" campus Apple plans to build next door to its current headquarters (the old HP campus), or if the tech giant has signed a long-term lease for the Results Way property. Agents associated with the deal said that Apple may well do some renovation work on the premises before moving in.
No date on when Apple may begin occupying the space was announced. Apple hopes to have the replacement "mothership" building completed by 2015.