California city approves deal with Facebook

Apr 18, 2012

(AP) -- A Silicon Valley city where Facebook recently opened its new headquarters approved a deal that will allow the company to bring in thousands more employees.

The Menlo Park City Council unanimously agreed Tuesday to let the giant make annual payments totaling nearly $10 million to cover the impact that the influx of new workers will have on city infrastructure.

Facebook will also pay for more than $1 million in capital improvements, such as pedestrian and bicycle paths, and set up high school internship and job training programs. The agreement establishes a $500,000 fund for the nearby city of East Palo Alto, where unemployment is high and the median income is low.

In exchange, Menlo Park will expedite permits and not levy unexpected city fees on the company.

Residents who attended the Tuesday night meeting urged city leaders to approve the deal.

"Usually a city has to put out lures and enticements" to attract companies such as Facebook, said Louise DeDera, a member of the city's Allied Arts Guild. "Don't be greedy."

Facebook wants to employ about 6,600 people on its 57-acre, nine-building campus. It needed the city's approval to exceed the limit of 3,600 employees that was placed on the previous occupant, .

Facebook eventually wants to expand and build a west campus across the street to make room for a total of 9,400 employees.

The increased traffic along a major road running between Highway 101 and the new headquarters along San Francisco Bay has been a key issue among residents. has said it will encourage employees to carpool, take or walk or bike to work.

Explore further: Android grabs 85% of smartphone market: survey

1 /5 (1 vote)
add to favorites email to friend print save as pdf

Related Stories

Report: Facebook plans to expand new headquarters

Aug 23, 2011

(AP) -- The first Facebook employees are just getting settled at the company's new Menlo Park, Calif. headquarters, but the online social network is already talking about expanding.

Mark Zuckerberg becomes a home owner: report

May 05, 2011

A local newspaper on Thursday reported that Facebook co-founder Mark Zuckerberg is giving up life as a renter for a posh house a short drive from the social network's new Silicon Valley campus.

Apple CEO pitches expansion to Calif. city council

Jun 08, 2011

(AP) -- Its ubiquitous products have already invaded the tech marketplace, and now Apple Inc. is seeking a fitting new Northern California home: a spaceship-like structure that will house an estimated 12,000 employees.

Recommended for you

Android grabs 85% of smartphone market: survey

2 hours ago

Smartphones powered by the Android operating system captured 85 percent of the worldwide market in the second quarter, threatening to marginalize rival platforms, a new survey shows.

Chinese man brings gay conversion therapy lawsuit

7 hours ago

(AP)—A gay Chinese man said Thursday he was suing a psychological clinic for carrying out electric shocks intended to turn him straight, as well as the search engine giant Baidu for advertising the center.

Alcatel loss narrows in 2Q but revenue stagnates

8 hours ago

(AP)—Telecommunications equipment company Alcatel-Lucent SA says its net loss narrowed in the second quarter thanks to lower accounting charges, while revenue stagnated and restructuring charges mounted.

User comments : 0