Apple Campus 2 Event Space Costing Apple $161 Million, Fitness Center Priced at $74 Million

MacRumors · Dec 4, 2014

Apple's currently in the process of building an iconic "spaceship" campus in Cupertino, and along with the main circular building, the campus will include both an auditorium for press events and a fitness center designed for employees.

According to building permits obtained by BuildZoom (via Re/code) the 120,000 square foot event space that Apple is constructing via BNBT Builders is costing the company $161 million.

Apple's 100,000 square foot fitness center, a must-have perk in the highly-competitive Silicon Valley market, will cost the company $74 million.

Apple's second campus, located in close proximity to its existing 1 Infinite Loop campus in Cupertino, will cost the company more than $5 billion dollars in total. As of the latest update, Apple had largely finished pouring the foundation for the main circular building, and had commenced building the actual structure. The campus, which will house approximately 12,000 employees, is expected to be completed by the end of 2016.

Article Link: Apple Campus 2 Event Space Costing Apple $161 Million, Fitness Center Priced at $74 Million

snebes · Dec 4, 2014

MacRumors said:
[url=http://cdn.macrumors.com/im/macrumorsthreadlogodarkd.png]Image[/url]

Apple's currently in the process of building an iconic "spaceship" campus in Cupertino, and along with the main circular building, the campus will include both an auditorium for press events and a fitness center designed for employees.

According to building permits obtained by BuildZoom (via Re/code) the 120,000 square foot event space that Apple is constructing via BNBT Builders is costing the company $161 million.

Image
Apple's 100,000 square foot fitness center, a must-have perk in the highly-competitive Silicon Valley market, will cost the company $74 million. Building plans suggest it will

Apple's second campus, located in close proximity to its existing 1 Infinite Loop campus in Cupertino, will cost the company more than $5 billion dollars in total. As of the latest update, Apple had largely finished pouring the foundation for the main circular building, and had commenced building the actual structure. The campus, which will house approximately 12,000 employees, is expected to be completed by the end of 2016.

Article Link: Apple Campus 2 Event Space Costing Apple $161 Million, Fitness Center Priced at $74 Million

Cost of doing business. Prime realestate for Apple, and only $1340 and $740/sqft respectively. Plus, it flies.

ThinkDifferentX · Dec 4, 2014

5 Billion? Must be a real spaceship.

needfx · Dec 4, 2014

ThinkDifferentX said:
5 Billion? Must be a real spaceship.

it better be

pdaholic · Dec 4, 2014

needfx said:
it better be

Considering the fact that the dumpy house I bought down the street costed 1.4 million, Apple got a bargain.

Porco · Dec 4, 2014

I don't want to make an outlandish prediction, but I think it's going to be the most beautiful spaceship campus they've ever built.

shiekh · Dec 4, 2014

$5 billion for 12,000 people; that's over $400,000 per person...

JoEw · Dec 4, 2014

shiekh said:
$5 billion for 12,000 people; that's over $400,000 per person...

Better measurement is the market cap that it will generate which is a lot more than 5 billion

ArtOfWarfare · Dec 4, 2014

snebes said:
Plus, it flies.

It's actually the world's first Terran Command Center. I wonder if they'll choose to upgrade it to an Orbital Command or Planetary Fortress (or maybe they'll be old school and get a Comsat Station or a Nuclear Silo add-on?)

taptic · Dec 4, 2014

shiekh said:
$5 billion for 12,000 people; that's over $400,000 per person...

There is a great word in the English dictionary... Investment.

NY Guitarist · Dec 4, 2014

Nice to see the money being reinvested in the US.

rp2011 · Dec 4, 2014

Should Apple be concerned having so many employees in one place? I know they have engineers around the world, but I would imagine for such a large company, maybe it should be more diversified and spread them around. You never know when a natural disaster etc will strike.

ThunderSkunk · Dec 4, 2014

oh fer chrissakes

californians...

Michael Scrip · Dec 4, 2014

rp2011 said:
Should Apple be concerned having so many employees in one place? I know they have engineers around the world, but I would imagine for such a large company, maybe it should be more diversified and spread them around. You never know when a natural disaster etc will strike.

That's why they are building a 2nd secret campus... Apple Spaceship Two

And employees will rotate every other day so no complete team will ever be in the same place at once!

But seriously... I don't think natural disasters are really a concern. Infinite Loop already has a lot of people in one location (but in separate buildings)

Honestly... having 12,000 employees in one building is much more efficient than having employees scattered everywhere. I think that's the real motivation for this new mega-building.

Right now... Apple is leasing office space in multiple locations all over Silicon Valley. Time to bring 'em home.

C DM · Dec 4, 2014

pdaholic said:
Considering the fact that the dumpy house I bought down the street costed 1.4 million, Apple got a bargain.

Ah, those Cupertino schools (among other things).

ChrisA · Dec 4, 2014

shiekh said:
$5 billion for 12,000 people; that's over $400,000 per person...

A couple bought a house across the street from me for $1.1M They spent more per person than Apple. Ok that house was one of the nicer houses on the block. A more common pice would be about $750K But still the per person price is close.

pdaholic · Dec 4, 2014

C DM said:
Ah, those Cupertino schools (among other things).

Amen. This area is outrageous. My family on the East coast would have me locked up in an insane asylum if they knew how much I spent on this 1950 house!

carrrrrlos · Dec 4, 2014

Looks like something out of a Bungie sketchbook for Destiny.

Glideslope · Dec 5, 2014

It's Apple's attempt at the "Circle of Trust." :apple:

repentix · Dec 5, 2014

Glideslope said:
It's Apple's attempt at the "Circle of Trust."

So is Tim Cooks office in the middle? Wait a minute, now I understand, that is why those people in himym wanted to build that rodeo hat house

tentales · Dec 5, 2014

Inspired by Asimov's depiction of Trantor's centre of power

https://forums.macrumors.com/attachment.php?attachmentid=517876&stc=1&d=1417781655

or Apple HQ in Cupertino in 50 years

MellowFuzz · Dec 5, 2014

rp2011 said:
Should Apple be concerned having so many employees in one place? I know they have engineers around the world, but I would imagine for such a large company, maybe it should be more diversified and spread them around. You never know when a natural disaster etc will strike.

Yep. The Big One's going to be interesting...

CaryMacGuy · Dec 5, 2014

I would be interested to know what that $74 million fitness center looks like...a Lifetime Fitness (arguably one of the largest and most luxurious fitness clubs) costs about $30 million to build.

I hope that Apple proudly displays the finished product on its website. I would be interested to see it. Of course maybe the solution is just to get a job with Apple and move out to Cupertino

jayducharme · Dec 5, 2014

Michael Scrip said:
That's why they are building a 2nd secret campus... Apple Spaceship Two

That one will be built in the cloud.

oneMadRssn · Dec 5, 2014

shiekh said:
$5 billion for 12,000 people; that's over $400,000 per person...

I've been told at nearly every job that space and facility is the second largest expense for a company, after the people (payroll).

Apple Campus 2 Event Space Costing Apple $161 Million, Fitness Center Priced at $74 Million

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