Google buys office space in major expansion of Boulder footprint – Denver, Colorado

Denver, Colorado 2021-09-20 07:30:08 –

Google has acquired a 125,000-square-foot office building with The Reve development. This is shown in the June 2021 photo.Christopher Wood / Biz West

This article was first published on BusinessDen’s news partner,

Reve, a new multi-purpose development facility in the heart of Boulder, will be home to the well-known commercial company Google.

Reve also includes large residential components that Google hasn’t purchased.

Google’s new office at The Reve totals approximately 125,000 square feet.

Over the last decade and a half, search engine operators in Mountain View, California have been One of Boulder’s biggest tech players in terms of real estate and employee base.

Google’s first local foothold was the acquisition of SketchUp in 2006. The company was finally sold in 2012.

Since then, the company has built three buildings on 2930 Pearl Street, a campus of approximately 300,000 square feet, formerly CA Technologies Inc. Approximately 160,000 square feet of facility on 3333 Walnut Street, home of the company, has been taken over. Occupied small offices on 2590 Pearl Street and 2600 Pearl Street.

The company also occupied the space of 2525 28th St., where Google Nest workers once lived. It manufactures smart home devices such as thermostats, cameras and smoke detectors. Nest has been incorporated into the larger Google business and moved to another office.

“One of the big goals in construction [the Boulder presence] Google Boulder site leader and senior engineering director Babna Chabra told BizWest. “What appealed to us [about the Reve] It’s directly opposite Pearl Place, “says the name of the existing campuses on 30th Avenue and Pearl Street.

“It’s like a fun and exciting place, mixed-use with apartments and retail spaces,” she said. “Given Google’s presence across the United States, we like being in urban hubs.”

Google was also fascinated by Reeve, partly because of its proximity to the public transport hub at Boulder Junction, Chabra added.

She said that Boulder and a larger front range area provide an important work-life balance opportunity to attract a vibrant workforce.

“Colorado is a really fun state. You can see it from all the people who move here from different places,” Chabra said. “… I came here as an immigrant in 1993, and I stayed because I love Boulder so much.”

The company “benefits from the powerful universities that surround us,” she said. “Colorado School of Mines, University of Colorado, and Colorado State University are great feeders to Google’s employee base.”

“This investment in Colorado is a sign of a better recovery in our economy and is a great place to live, work and play,” Governor Jared Polis said in a prepared statement. Said. “Innovation and creativity define Colorado’s technology industry, and we’re happy to see more investment in our state to create good jobs.”

Boulder’s growing reputation as a national and global hub of technology and entrepreneurship proves right in Google’s decision to expand locally.

“We have a really good ecosystem to participate in,” Chabra said.

Local Google employees work in various business units such as gTech and Google Technical Services, where they do product development and engineering for Chrome, Google Maps, GSuite, payments, HR management, and advertising. Among Google’s other boulder businesses is its subsidiary, healthcare technology company Verily Life Sciences.

Google is working on an ongoing “space plan” to determine which employees and business units are operating in which offices, Chabra said. “As time went on, we shuffled it.”

Adding Reve gives your space planner more flexibility.

The company employs about 1,500 people in Boulder, but that number has become a bit more dynamic these days as many Google employees work remotely from countries and anywhere in the world. Google also has about 100 employees in Thornton’s office.

Starting in late July, Google employees are allowed to return to the office, but individuals can choose to continue working from home until January 2022.

When they return, local workers will have some flexibility in their office and home schedules.

Google employees assigned to a particular geographic site (for example, Boulder) work in the office at least three days a week. Certain employees can sign up for work completely remotely.

The goal is to provide employees with flexibility while maintaining similarities in Google’s internal corporate culture.

Reve’s new office space will not be occupied for months as Google needs to begin the process of refurbishing the space to meet its needs.

“We need to make it a great Google space, which will take some time,” says Chabra.

Google telegraphed plans to expand Colorado’s business in February last year. Google CEO Sundar Pichai said in a blog post Company” Twice the ability of us [Colorado] Labor force for the next few years, Partly by expanding its presence in Boulder. But Google has been a mom for a year and a half on the details of its local expansion — until now.

Reve, which began construction in 2019, has been working for many years with the approval of the 2016 Southern Land Co. plan.

Development made a headline in March Southernland sold approximately 275,000, 244 units of residential side of the project for $ 151 million., One of Boulder’s largest condominium transactions in recent years.

Google said it closed due to the purchase of Reve’s office space on Wednesday, but does not offer a sale price. The contract with Boulder County has not yet been recorded.

Google buys office space in major expansion of Boulder footprint Source link Google buys office space in major expansion of Boulder footprint

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