The following is an excerpt from Sally French, MarketWatch | June 30, 2016 | news.morningstar.com |
New drone footage shows Apple campus as it nears completion
The Apple Campus 2 site in Cupertino, Calif., is taking shape, and anyone can see it, thanks to footage from a drone that shows a bird's-eye view of everything the new campus will comprise.
There's the main structure -- a spaceship-like building that will be covered with 3,000 glass panels -- plus a 100,000-square-foot fitness center and a solar-panel-topped parking structure.
Apple (AAPL) plans to sell excess electricity generated by solar panels at its new headquarters, joining Google parent Alphabet Inc. in trading on the energy market, according to Bloomberg (http://www.bloomberg.com/news/articles/2016-06-09/apple-plans-to-sell-excess-rooftop-solar-energy-from-new-home).
The campus covers 176 acres -- that's about twice the size of Disneyland -- and, upon completion, will house 13,000 employees, according to Popular Science (http://www.popsci.com/apple-campus-spaceship-tour-making-of#page-2). The building heavily uses glass panels to create a visual indoor-outdoor connection, and 80% of the campus is expected to be green space. The project's reported cost has been put at $5 billion, running over budget from an initial projected cost (http://www.bloomberg.com/news/articles/2013-04-04/inside-apples-plans-for-its-futuristic-5-billion-headquarters) of less than $3 billion.
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