Apple building third campus in Santa Clara
Apple is expanding by leaps and bounds and is outgrowing its current Cupertino campus. To handle the overflow, Apple is beginning construction on a new two-building campus in Santa Clara, California. According to a report in the Mercury News, the new six-story office buildings will be located right outside Cupertino city limits.
Apple is allegedly leasing the space from developer Peery Arrillaga in a deal that requires the demolition of existing buildings and the construction of new ones built to Apple's specifications. Apple supposedly signed a 7- to 10-year lease agreement for the site, which suggests this is a long-term solution and not just a temporary measure to hold employees while Apple finishes its new Cupertino campus. The first Santa Clara building is now under construction and will be completed by mid-2014. The timeline for the other building is not known.