Google has recently spent a staggering amount of $82 million to fund its newest ultra modern jet facility for the company's personally chartered jets. The Google complex will essentially become the world’s largest single-client corporate air centers.
The jet facility occupies a 29 acre site, with a total of 270,000 square feet that will be dedicated to the hangar space. The massive area will essentially become a private and separate airport for high level Google executives, clients and other higher level employees. This means that a chunk of San Jose’s airport will be given to the corporate giant, adding up to $150 million in total, for the airport in the near future.
The world-class private aviation support firm Signature Flight Support will work in conjunction with leasing company Blue City Holdings San Jose to operate the airport facility.
In addition to providing transportation for Google executives, the space will create “36 permanent jobs, generate 370 direct and indirect jobs, and eventually generate more than $300,000 in taxes annually, over and above the $3 million annual lease cost.”