Facebook is dipping its big blue thumb into the real estate market , invest in a cushy 394 - unit apartment complex that ’s a 45 - minute of arc walk to its newFrank Gehry - plan Menlo Park campus .
Frank Gehry Is Designing Facebook ’s New Office Building and That ’s Sad
The $ 120 million Anton Menlo will be design by designer at KTGY Group in a partnership with St. Anton Developers ( hence the name ) and bid a mix of studio apartment and one- , two- , and three - bedchamber flat on a 10 - Accho site . KTGY ’s Keith Labustells the San Francisco Chroniclethe “ resort - inspired ” complex will have “ everything the young professional could need to complement their meddling lifestyle . ” Amenities let in a pond , rooftop deck , communal kitchen , bodega , bar , cycle resort shop , yoga way , personal trainer , firedog day care and a favorite spa . A PET SPA , you guy wire !
This all sounds spookily similar to HomeTown , the residence hall of a Facebook - alike company in Dave Eggers ’ fresh novel The Circle , which wasexcerpted in the New York Times Magazinelast weekend ( and is also facing claim thatEggers lifted the tale from an old-hat - Facebook memoirist ):
https://jezebel.com/is-dave-eggers-new-novel-a-ripoff-of-a-female-writers-1428445249
She matte a profound sense of accomplishment and possible action that was accompany , in short order , by a near - complete sense of exhaustion . It was almost midnight , and she needed sleep . It was too belated to go all the way home , so she checked the dorm handiness , reserved one , got her admission code , walked across campus and into HomeTown .
When she closed the door to her way , she felt like a fool for not take advantage of the dorms rather . The elbow room was immaculate , awash in silver fixtures and blond woodwind , the floor warm from beamy heat , the sheet and pillowcases so white and crisp they crackled when bear on . The mattress , explained a card next to the layer , was organic , made not with springs or foam but instead a fresh roughage that Mae regain was both firmer and more waxy — higher-ranking to any layer she ’d ever known . She pulled the blanket , cloud - blank and full of down , around her .
The Facebook apartments , while not formally The Facebook Apartments , are part of a new wave of manufactory towns where pot are reach to build attractive lodging for employees while also improving the residential district immediately surrounding their headquarters . BothIKEA(above ) andTescoare building neighborhood in the UK , andGoogle has invested in an flat complexnear its Mountain View headquarters . The Google apartments were also designed by KTGY , and if we skip over to theirFacebook profile(because we must ) , we can see they have hatful of other residential labor under construction near tech company in Sunnyvale , San Jose and Santa Monica .
To add to the local - improvement vibes in Menlo Park , the city required that Facebook give for 15 unit reserved for low - income tenants , and thedeveloper is adding 38 more — all of which I take over will not be concern by Facebook employees . That should be really fun for those people .
It ’s a fresh move by Facebook to keep its employees cozy and close , and in the long running it may be a well investment funds to work up agreeableness - rich complex rather than drop the money toshuttle San Francisco resident to Silicon Valleyevery 24-hour interval . But will a best-loved watering place be enough to lure a commission - dwelling designer to Menlo Park ? Rents arecataclysmically highin San Francisco aright now . Maybe if the price is right .
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