Facebook will create its own ‘separate city’

July 25, 2017 0 Comments;

There are lot of people who spend a lot of time in daily life in Facebook’s virtual world. The news came that Facebook has been trying to create a community in real world.
The world’s largest social media management company wants to set up offices in the US Silicon Valley, a retail store, a hotel and its own corporate headquarters. In a word, Facebook wants to make a whole city of its own, it has been said in Business Insider’s report on business and business.

Facebook unveiled plans for this new construction project in Menlo Park, California, on Thursday. In 2015, Facebook bought 56 ​​acres of land in exchange for 40 million dollars. This is directly connected to the adjacent street of the Facebook head office. It will provide 1500 units of housing to 16 lakh sq ft.

On the announcement of this plan, on a blog post on Facebook, this project was called ‘mixed-use village’. It will be provided accommodation, and most of the Facebook staff will be there. There will also be other arrangements including communication and communication.
“We are planning to build 125,000-square-foot new retail store, with a grocery store, pharmacy, and other community-based shops.”

The new project will also have a hotel, said Silicon Valley Business Journal. It will take almost a decade to make it, a person associated with this plan publishes this information.

The housing and grocery shops will be set up at the primary stage of this project, which is expected to be completed by the middle of 2021. Then every step will be completed every two years, said a blog post on the facebook website.

Even though most of the accommodation is provided for Facebook employees, Facebook is also going to offer a larger range of services. This project will keep a mix of the prevailing market prices and available housing units. Here 15 percent or 225 units will be given at a lower price than the market price.
One of the benefits of keeping the staff office so close is that the number of vehicles in the area will be reduced, the blog post mentioned.

Although the plan was presented in the City of Manolo Park, they are still not approved. Hope this process will be approved within two years. The company hopes to be approved


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