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Technology Stocks : Alphabet Inc. (Google)
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From: Frank Sully8/9/2021 11:58:13 AM
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Google is Building a Campus Just for Hardware

Posted on August 9, 2021 by Paul Thurrott

CNBC reports that Google is building a five-building campus codenamed “Midpoint” that will house its hardware business.

According to the report, Google paid over $389 million for the land in San Jose, California that sits next to an existing complex that’s currently used, in part, but its hardware business. But the new location will be much bigger, and it will include room for not just office space but also R&D, manufacturing, storage, distribution, and more. Only 20 percent of the new complex will be devoted to office space.

The five buildings will be connected via a pedestrian bridge over a road, the report notes. The R&D center will feature “meeting rooms, lounge areas, micro kitchens, equipment platforms, conveyor belts, and a shipping warehouse,” CNBC says, citing the plans and permits it has viewed. Those plans specifically mention “Google Hardware” and “Nest.”

thurrott.com
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