Will Facebook build your next home?

Eight Fast Facts All About Facebook’s Foray Into Housing


Amy Schellenbaum | Curbed | October 8, 2013 | link


Social media giant Facebook, a company that brags a culture that’s more college than corporate, what with an ever-flowing stream free ice cream, “walking meetings,” on-site shopping, and outdoor movie nights, has not only recruited the likes of starchitect Frank Gehry to build a hulking new wing for its mothership HQ in Menlo Park, Calif., but is also, so the Wall Street Journal reports, now on track to build a housing development just a five-minute bike ride (“You don’t even have to put on the brakes,” architect John Tenanes, Facebook’s director of real estate, told the WSJ) from the main campus. It’s a move that’s been largely untouched by corporations since the first half of the century, when U.S. tycoons and robber barons provided their employees housing amenities near their factories—Fordlandia, anyone?—to increase efficiency. If all goes well, it could be the beginning of a new era in corporate perks, one that transcends even—gasp!—in-office arcades and spas. Anyway, eight fast facts about Anton Menlo, as gleaned by the Journal:

8. Facebook is using a “local developer” to build a 394-unit housing “community” on 630,000 square feet.

Read more…

Author: kimhuntkw

We specialize in Real Estate in the Pleasanton, Dublin and Livermore areas of the East Bay in California

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s