Wednesday, October 23, 2013
The Wall Street Journal reports that the city council of Cupertino, California voted to approve Apple's new the 2.8 million square-foot campus, which resembles a flying saucer:
InsideBayArea recounted the standing-room only meeting, during which Apple’s head of facilities spoke. “Steve transformed Apple into one of the most innovative companies in the world and we understand the responsibilities that come from carrying his legacy forward with this project,” Apple’s head of real estate and facilities, Dan Whisenhunt, told the council. “We’ve designed it with the same care and attention to detail as we do with all Apple products.”
Early indications are that Apple’s campus will help to increase commercial real-estate prices in the already expensive Silicon Valley area, particularly for companies that want to be positioned along the route to both of Apple’s campuses. Apple is among a handful of Silicon Valley companies, including Nvidia, Google and Facebook, that have announced grand plans for new corporate digs.