Andre Yoskowitz
30 Dec 2012 21:31
Samsung Electronics has plans to significantly expand their Silicon Valley campus.
The plans include a new 1.1 million square foot sales and R&D headquarters that features a 10-story tower along with an amenity pavilion and parking garage.
As Samsung says: "The design seeks to encourage interaction among staff, foster connections with the community and provide a space to attract employment in the highly competitive tech market, which is growing at a faster pace than overall employment."
Additionally, Samsung Information Systems America Inc. (SISA), will begin relocating their current R&D center to a new 8.5-acre site "and expand to two new 6-story class-A office buildings totaling approximately 385,000 square foot. (each 192,500 sq. ft.) with two 5-6 story parking structures."
Both projects have completion dates for mid-to-late 2013 with occupancy targeting 2014.