Mon, 20 May 2019

Google Hudson Square to boost NYC technology sector

By Jay Jackson, Canada News
17 Dec 2018, 23:11 GMT+10

SAN JOSE, California - Google Hudson Square is coming to New York City, with an attaching price tag of more than a billion dollars.

Google's parent Alphabet Inc., is following in the footsteps of Amazon in choosing NYC to build a new campus.

Comprising1.7 million square-feet, the megacampuswill include leased properties at Hudson Street and Washington Street.

"Today were taking the next step in our commitment to our New York City presence by investing over $1 billion in capital improvements to establish a new campus, Google Hudson Square," Ruth Porat, Senior Vice President andChief Financial Officer of Alphabet and Googlesaid in a company blog on Monday.

"We came to New York City almost two decades ago, it was our first office outside of California. Its now home to more than 7,000 employees, speaking 50 languages, working on a broad range of teams including Search, Ads, Maps, YouTube, Cloud, Technical Infrastructure, Sales, Partnerships and Research."

"New York City continues to be a great source of diverse, world-class talent, thats what brought Google to the city in 2000 and thats what keeps us here," Porat said. "Earlier this year, we announced the $2.4 billionpurchase of the Manhattan Chelsea Marketand shared plans tolease additional space at Pier 57. We hope to start moving into the two Hudson Street buildings by 2020, followed by 550 Washington Street in 2022 once the building is complete. Google Hudson Square will be the primary location for our New York-based Global Business Organization."

"We believe that as our company grows, we have a responsibility to support the communities we call home. That means supporting the infrastructure and services that make our neighborhoods unique places to work, live and play," said theGoogleSVP and CFO. "Since 2011, Google has contributed more than $150 million in grants and employee-matched giving to New York nonprofit institutions. Weve been ardent supporters of iconic neighborhood public resources such as the High Line and Hudson River Park, and partnered with theNew York City Public Library Systemto provide free Wi-Fi hotspots to public school students and families without home internet access. We recently donated $1.5 million to support theStonewall National Monument Preservation Projectand joined forces with 19 local businesses to establish theWestside Community Fund. And to help foster New Yorks burgeoning tech ecosystem, weve funded programs likeMotherCoders NYC, provided space to organizations like Black Girls Code andhosted Cornell Techwhile its permanent campus on Roosevelt Island was under construction."

Google has promised to deepen itscommitments in STEM education, workforce development and access to technology.

With its most recent investments in Google Chelsea and Google Hudson Square, the company says it will have the capacity to more than double the number of Googlers in New York over the next 10 years.

"Our investment in New York is a huge part of our commitment to grow and invest in U.S. facilities, offices and jobs. In fact, were growing faster outside the Bay Area than within it, and this year opened new offices and data centers in locations like Detroit, Boulder, Los Angeles, Tennessee and Alabama. And as we continue to grow across the country, we look forward to calling New York City home for many years to come," Porat said.

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