One year ago, Congress defunded public media. Now that we're 100% community funded, please become a sustaining member or increase your existing membership today.
This is an archival story that predates current editorial management.
This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.
Moving On Up: Google Just Bought 12 Acres Of Land In Playa Vista
The Google building in Mountain View, Calif. (Photo by Shawn Collins via the Creative Commons on Flickr)
The tech presence in Los Angeles is growing—especially with Google, Inc. The tech giant just spent $120 million on 12 acres of vacant land in Playa Vista.
While the Mountain View, Calif.-based company already owns property throughout the city— including a campus in Venice—it looks like they're trying to expand their operations here. The L.A. Times reports that Google bought the land (which is apparently zoned for 900,000 square feet of commercial space) next to the 1943-built Howard Hughes aircraft hangar, and that they plan on leasing the 319,000-square-foot building as well.
The company hasn't disclosed any of their building plans, but buying the land could mean 6,000 workers could be employed at this new Google space.
They'll be in good company, too. Microsoft also opened an office in Playa Vista last year, and Yahoo! Inc. is expected to move into the area soon as well.
"This move by Google really makes Playa Vista the tech and innovation capital of Los Angeles,” City Councilman Mike Bonin, who represents Play Vista, told CBS Los Angeles. “They’ve got IMAX down there, they’ve got Microsoft down there, they’ve got YouTube down there.”
Here's a photo of the historic Hughes hangar:
Google purchases 12 acres in Playa Vista for $120 million. https://t.co/tMfLBdpFth $goog pic.twitter.com/nH0IQTbSEj
— [ Google News ] (@goinsidegoogle) December 3, 2014
Sponsored message
One year ago, Congress voted to defund public media, eliminating a critical $1.7 million from our budget every year going forward. But they couldn’t silence us, and we’re not going anywhere. LAist is now 100% community funded and that means we’re taking our future into our own hands and turning to you to keep local reporting strong.
You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
If this story helped you, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
If this story helped you, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Senior Vice President News, Editor in Chief
