Google is investing more than $1 billion on a new campus in Manhattan — becoming the second major technology company after Amazon to pick the Big Apple to expand and create thousands of jobs.
Chief Financial Officer Ruth Porat said Google’s parent company Alphabet will create a more than 1.7 million-square-foot campus that includes lease agreements along the Hudson River in the West Village.
“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,” Porat wrote in a blog post.
Google Hudson Square will be the company’s primary location for its New York operations, Porat said.
“New York City continues to be a great source of diverse, world-class talent — that’s what brought Google to the city in 2000 and that’s what keeps us here,” she said.
Google, which has more than 7,000 employees in the city, has continued to build up its New York presence, announcing earlier this year that it was buying the Manhattan Chelsea Market building for $2.4 billion and planned to lease more space at Pier 57.
“With these most recent investments in Google Chelsea and Google Hudson Square, we will have the capacity to more than double the number of Googlers in New York over the next 10 years,” Porat wrote.
Google’s expansion plan is being announced a month after rival Amazon said it would put one of its second headquarter locations in Long Island City. The other is in Crystal City, a Virginia community across the Potomac River from Washington, DC.
With Post Wires