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Data Point

Led by Alphabet, Apple, Tech Firms Could Double Footprint in Bay Area

Sources: Newmark Cornish & Carey, Buildzoom, Hello Office, CBRE, other real estate sources, city records
By
Cory Weinberg
[email protected]Profile and archive
and
Mike Sullivan
[email protected]Profile and archive

Many of the world’s fastest-growing tech companies call the San Francisco Bay Area home. They have expanded over the past decade by turning old industrial land into sprawled-out offices and filling new skyscrapers. But the next phase of real estate growth is likely to be even more transformative, as the companies lay plans to double the size of their footprint over the next 10 to 15 years.

To help understand just how tech companies are reshaping the region, The Information mapped out current and planned office locations for some of the biggest tech companies: Alphabet, Apple, Facebook, Amazon, Microsoft, Salesforce, Uber, Airbnb and Dropbox. Combined, the nine companies today occupy more than 30 million square feet of offices in the region. By 2030, that total could reach 60 million square feet, much of it in urban areas, according to an analysis of data compiled by city records, real estate firms and news reports. The added space could accommodate more than 100,000 new workers.

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