The city of San Jose has already collected $7.5 million from the tech giant — and construction has yet to commence.
Although Google is more than a year away from breaking any ground on its massive transit village project near downtown San Jose’s Diridon Station, the city has already started reaping the benefits from doing business with the search giant.
And on Tuesday, the City Council will discuss spending the remaining $4.5 million on everything from job training to child care subsidies to community center programming to scholarships for high school students.in which Google agreed to pony up to $200 million in community benefits. In exchange, the company will be allowed to build an 80-acre mega campus on the western edges of downtown where as many as 20,000 people could work.in October for affordable housing near the SAP Center.
Google’s megaproject, known as Downtown West, is expected to produce up to 7.3 million square feet of office space – 4 1/2 times the floor space of San Francisco’s Salesforce Tower – 4,000 housing units, 300 hotel rooms, 500,000 square feet of retail space and 15 acres of open space and parks. Google estimates the project’s total value to the city will be at least $1 billion.
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