In case Apple Campus 2, better known as Space Campus, wasn't enough, Apple is now in talks with the city of San José to reach an agreement on the possibility of developing a project that will allow it to build a huge campus in north San José, according to the Silicon Valley Business Journal.
According to city records, the company is requesting an area of 385.550 meters squares of space, even larger than the aforementioned Space Campus, which is already in a fairly advanced state in relation to the works that are being carried out.
The draft agreement is not yet closed, before it has to go through the the Planning Commission from the city later this month for approval as confirmed by the administration itself. In this process, development rights would have to be established in addition to the expectations of both parties, both by Apple and by the City Council to agree on the space and time of the works.
It is still a very long-term project, it is expected that for the next 15 years has been completed in an area that will span 86 acres north of Highway 101 across from the San Jose International Airport.
In a brief summary of the agreement, it can be seen that the campus would include three well differentiated sites, that is, the 28 acre parcel that Apple purchased from Ellis Partners this summer for $ 165,8 million, on the other hand the 43 acre parcel it acquired from Lowe Entrepisos for around $ 140 million in August and a final 16,5 acre parcel that is currently owned for Real Estate broker and developer Steelwave.