[cardinal2007]

https://sanjosespotlight.com/google-...ng-commitment/

Google pairs up with developer on Bay Area housing commitment

Mere weeks after Google unveiled a $1 billion commitment to help spur new housing development and preserve existing affordable homes in the Bay Area, the tech titan has partnered with a real estate developer to bring some of that housing to fruition.

Sydney, Australia-based Lendlease Corp. has made a formal agreement with Google to help build up to 15 million square feet of new residential, retail, hotel and other community space over the next 10 to 15 years. Google last month announced it would rezone $750 million worth of land in the Bay Area from land where only commercial and office spaces can rise, to places where residential development could be built.

“This joint agreement between Google and Lendlease will help address the need for new housing in the San Francisco Bay Area,” Denis Hickey, chief executive officer of Americas at Lendlease, said in a statement Wednesday. “We’re eager to contribute our world-class approach to creating unique urban communities, and we are focused on delivering outstanding places that redefine how people choose to live, work, connect and contribute to creating an active community.”

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Google has committed to building a significant amount of housing in San Jose.