Images detailing the design of Uber’s giant new San Francisco corporate headquarters have emerged, showing what the new, two-building corporate campus should look like when it opens up in a few years. The plan is for the new buildings to have more than 420,000 square feet of new office and retail space..
Uber announced a joint venture with Alexandria Real Estate Equities to develop its new headquarters last September, and released a request for qualification for the project on Wednesday.
As part of that bid, Uber released key details around the project, which will include the construction of two buildings on a couple of lots in San Francisco’s Mission Bay neighborhood. The new corporate campus will include one 10-story building and another six-story building, which are designed to be linked by glass walkways between them.
Uber hopes to officially break ground by the end of the year, and is targeting a late 2017 or early 2018 opening for the new buildings.
“Uber was born in San Francisco, and this city has very special meaning for our company. We are excited to expand our presence here and invest in the Mission Bay neighborhood. As part of the standard RFQ process, we have released renderings and a model of the buildings.
Uber would be successful and a survivor, even without the current Fed induced boom, but you have to wonder if the funds would be around for a new building project like this without Janet printing.
It's all about secular trends vs. cyclical trends.
-RW
(via Tech Crunch)
Definitely a Fed induced BOOM decision to build this in San Francisco. Could they have picked a more expensive location to build this huge complex? Probably not. Trendy? Yes. Cool? Yes. Hip? Yes. Smart? No. Bubble location for a bubble stock.
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