Google buys land $ 120 million in Los Angeles

LOS ANGELES: Google expands its presence in Los Angeles with the purchase of about ten acres of vacant land in the area of Playa Vista on the west side of the city $ 120 million.

The package is zoned for 900,000 square feet (84,000 square meters. Meters) of retail space that could accommodate offices or studies, the Los Angeles Times reported Wednesday.
 

The plot is adjacent to a historic hangar where Howard Hughes built his famous aviator `` Aircraft Spruce Goose. "Google has also been made for the rental of hangar that film sets and recently hosted the television, the newspaper said.

Councilman Mike Bonin, who represents the area, said the purchase `` marks Playa Vista, such as technology and innovation capital of Los Angeles. '' Dropoff window

The tech giant based in Mountain View Is not detail their plans for properties.

Last year, Microsoft opened a 20,000 square feet (1,900 meters carrés-. Meter) Space in Playa Vista, a neighborhood near major highways, several neighborhoods and downtown Los Angeles. Facebook has activities nearby, like other major media companies and advertising agencies.

Three years ago, Google has opened a campus in Venice, where leased 100,000 square feet (10,000 square meters. Meters) in three buildings of about 600 employees. One of these buildings is the famous building Binoculars, three-story office on Main Street, designed by architect Frank Gehry.

A Google spokesman said the company, which generally like to extend near their existing properties will continue to lease 69,000 square feet (6,400 meters carrés-. Meter) construction of binoculars. Google believes that the purchase of land in Playa Vista as a long term investment and has no particular design in mind for the site, the Times said.

Google also leased 41,000 square feet (12,500 square meters) production plant subsidiary YouTube video in an old building renovated Hughes in Playa Vista.
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