In its biggest property-buying spree in recent memory, Google has spent over $225 million on 15 properties this year, including 11 properties in the North Bayshore area near its headquarters.
Google's acquisition of KMVT Community Television's building at 1400 Terra Bella Avenue was among three properties Google purchased this year on the lightly trafficked commercial street just south of Highway 101, a quick jaunt down Shoreline Boulevard from Google headquarters.
Fortunately for KMVT, it appears the station can stay, for now.
Google has "assured us that our lease will continue to move forward," said Shelley Wolfe, executive director of KMVT, which is located at the corner of Terra Bella and Middlefield Road. "We're looking forward to seeing how Google will work with us to ensure the security of the local community access station for the public. We are a highly utilized resource for the community."
While Google has acquired properties this year to accommodate its growth in the city, a spokesperson said Google had no changes to announce for the KMVT building, or the other Terra Bella Avenue properties the company purchased this year — 1255 and 1330 Terra Bella Avenue — which are occupied mostly by small tech companies.
Google has been known to purchase properties and sit on them for years, including the 2008 purchase of the building that houses the Pear Avenue Theater, a small theater company near Google headquarters which has so far not been forced to leave.