Google has picked a development firm to shepherd the company's ambitious plans to construct thousands of new homes in Mountain View. On Thursday, Google officials confirmed the Australian company Lendlease will be leading its efforts to build a series of new South Bay neighborhoods in Mountain View, Sunnyvale and San Jose.
Under the agreement, Lendlease will reportedly work over the next 10 to 15 years to redevelop Google's sizable South Bay real estate holdings with a focus on mixed-uses that include housing. These new neighborhoods would include a variety of retail and recreation amenities as well as the corporate office space needed for Google's regular operations.
"Lendlease will play a key role in helping deliver at least 15,000 new homes on our land,” said David Radcliffe, Google vice president of real estate, in a statement. “Today's agreement expands on an existing and successful partnership that will help us deliver on two important objectives: our commitment to accelerate the production of residential units in the Bay Area, and our plan to build mixed-use developments."
For Mountain View, the news is a sign that Google is moving into a new phase to build housing near its global headquarters, something the company has sought for more than a decade. Up until recently, those efforts have been focused on local politics, encouraging Mountain View's City Council to amend zoning and planning guidelines in the North Bayshore area to allow for dense new housing.
Last month, Google CEO Sundar Pichai pledged a $1 billion investment to spur housing construction in San Francisco and Santa Clara County. Promising a minimum of 20,000 new homes, Pichai said Google would repurpose some of its office properties for new mixed-use residential developments.
The deal with Lendlease dovetails on that commitment. In a statement, Lendlease officials said that new housing construction could begin as soon as 2021, "subject to planning approval."
“This joint agreement between Google and Lendlease will help address the need for new housing in the San Francisco Bay Area," said Denis Hickey, Lendlease CEO for North America. "We are focused on delivering outstanding places that redefine how people choose to live, work, connect and contribute to creating an active community."