Google scraps $15 billion deal with lead developer of Silicon Valley campus projects /
Google scraps $15 billion deal with lead developer of Silicon Valley campus projects /
www.theverge.com Google scraps $15 billion deal with lead developer of Silicon Valley campus projects
As needs for office space shrink and belts get tightened.
Developer Lendlease says it’s ended its agreement with Google to develop four districts across California after the companies decided it’s “no longer mutually beneficial given current market conditions.”
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“It simply gives them the flexibility needed to get the best possible developers on the project to build 4,000 new homes in our thriving downtown.”
So I guess Lendlease is not exactly a “best possible developer” ouch!