Google to invest $13 billion into US real estate

The company will expand its presence in major cities

(NEW YORK, NY) — Google announced in a blog post that it will spend around $13 billion on US real estate this year.

According to the company’s CEO, Sundar Pichai, the company will be expanding across key US markets including Nevada, Ohio, Texas, Nebraska, Washington D.C., and New York City.

“Today we’re announcing over $13 billion in investments throughout 2019 in data centers and offices across the U.S., with major expansions in 14 states. These new investments will give us the capacity to hire tens of thousands of employees, and enable the creation of more than 10,000 new construction jobs in Nebraska, Nevada, Ohio, Texas, Oklahoma, South Carolina and Virginia”

Last year, the company doubled its capital spending to $25.26 billion. Google prides itself on its ability to invest in the communities they operate in. The company has announced investments in renewable energy resources and data centers to help improve the efficiency of users. And around $1 billion will be invested into Google’s new campus at Hudson Square.

“I’m proud to say that our U.S. footprint is growing rapidly: In the last year, we’ve hired more than 10,000 people in the U.S. and made over $9 billion in investments. “

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