Google May Build Campus on NASA Property
(AP) Google May Build Campus on NASA Property
MOUNTAIN VIEW, Calif.
Google Inc. plans to build a 1 million-square-foot corporate campus on a now-vacant site on NASA property in the heart of Silicon Valley, according to a published report.
Google, the Internet's leading search company, is expected to build a campus containing offices, houses and roads at the NASA Ames Research Center in Mountain View, according to a report in the San Francisco Chronicle, which cited unidentified sources.
"There is some land at Ames Research Center that could offer logical expansion space for Google," company spokeswoman Lynn Fox said Tuesday. She declined to comment directly on the building plans.
The company has scheduled an afternoon news conference with Google Chief Executive Eric Schmidt and Scott Hubbard, director at NASA Ames, a space research center since 1939 that has recently been cutting staff as part of the agency's nationwide restructuring.
Rapid growth in Web advertising tied to online searches has fueled Google's stellar performance in recent years. The company has $7 billion in cash from stock offerings and huge profits. It hired 10 employees each business day in the last quarter and has a global staff of nearly 4,200.
The company is rapidly outgrowing its current office space, and plans to keep its current five-building headquarters, dubbed the Googleplex, nearby. Some observers say the partnership between Google and NASA Ames could create a new hub of technological innovation in Silicon Valley, an area gutted by the technology bust.
Shares of Google fell $5.27, or 1.7 percent, to $308.67 in afternoon trading on the Nasdaq Stock Market.
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