San Francisco Bay Area Project
Lendlease and Google have signed a partnership agreement to jointly undertake the master planning, entitlement and development of four new neighborhoods in the San Francisco Bay Area cities of San Jose, Sunnyvale and Mountain View, over the next 15 years.
* Image disclaimer: Artist impression as of 2019. Image subject to change, further design development and planning approval.
As at 30 Jun 2022. Estimated project value, details and completion date reported in Lendlease Full Year Results, 30 June 2022. Figures in AUD.
The four districts will be genuine mixed-use neighborhoods and could comprise of more than 15 million square feet of office, residential, retail, hospitality and community development space. Under the agreement, Google will focus on the delivery of the office components and Lendlease will be the developer, builder and owner of the residential, retail, hospitality and community components.
The project could ultimately bring approximately 15,000 new units (mix of condo, multi-family, co-living and affordable housing) to a region that needs residential investment. The residential, retail, hospitality and other associated civic components have an estimated end development value of approximately USD$15 billion.