The Real Deal New York

Guess how big Facebook’s construction bill is for its Menlo Park office

It's already pushing $1 billion, and the tab is still running.
May 19, 2018 04:41PM

(Credit from left: Brian Solis, www.briansolis.com and bub.blicio.us.; antony_mayfield via Flickr)

Facebook’s latest record can be counted in work permits.

The company filed two work permits valued at around $300 million each in March bringing the total construction cost of its various works on its headquarters to about $1 billion, according to the San Jose Mercury News, which sets a new record for Menlo Park, where the social network is based.

The permits concern work being done at Facebook’s newly-built office complex designed by Frank Gehry, called MPK 20, which the company now occupies, specifically at its Building 22 project, which is a 465,000-square-foot, four-story building, according to the Mercury.

Earlier this year, Facebook was considering adding a new mixed-use development nearby its Menlo Park office with 1,500 apartments for both its employees and non-Facebook residents. The 59-acre community would feature all elements of essential city living. [San Jose Mercury News]Erin Hudson