Apple CEO, Steve Jobs, revealed this week that Apple is building a new, 50-acre corporate campus. They plan to tear down 9 different adjacent properties about 1-mile away from their headquarters to build the new Apple Campus. The massive project will probably take about a decade to complete.
The Need For a New Apple Campus
Why does Apple need a new corporate campus? They are growing. The first generation iPod was released in 2001. Six years later the success of the iPod and the iTunes Store means Apple’s business has tripled. As result of this expansion, Apple has been renting every spare piece of real estate in Cupertino, CA and their employees are scattered across 30 different buildings. Apple needs a new home. It was time to find a location to build a new Apple Campus.