Washington, Nov. 20 (ANI): Apple has reportedly got the final nod from the city council for building its latest ‘spaceship campus’.
The Cupertino City Council gave the approval to the tech giant to build the 176-acre Campus 2.
According to Cnet, as part of the final 20-year development agreement, Apple plans to begin demolition of office buildings on the former Hewlett-Packard campus by the end of the year, with the first phase of construction expected to be completed by 2016.
Cupertino Mayor Orrin Mahoney expressed favour for the project after the council unanimously approved it.
As per the agreement, Apple has agreed to increase the amount of taxes it pays to the city of Cupertino in the form of a reduction in a sales tax rebate the city gives the company each year and now the city will refund only 35 percent out of the 50 percent sales tax rebate.
The highlight of the campus is the glass structure, surrounded by more than 7,000 trees that resembles a U.F.O disc, but actually leads to an underground auditorium
The new building is expected to accommodate more than 14,000 employees, the report added. (ANI)