Trending

Filed under: News | Apple

 

Apple’s Spaceship Campus Finally Approved by Cupertino City Council

Apple’s new spaceship-like campus (Apple 2 campus) has received the approval of the Cupertino City Council. After agreeing to pay more taxes, the giant firm got the thumbs up signal from the Mayor.

Nov 20 2013, 1:59am CST | by

1 Updates
Apple’s New Spaceship Campus Receives Cupertino City Council Final Approval
Image Credit: MacRumors
 
 

YouTube Videos Comments

Full Story

Apple’s Spaceship Campus Finally Approved by Cupertino City Council

As per agreement Apple has gotten the final approval for its spaceship campus from the Cupertino City Council. In return for this favor, Apple will have to pay a higher tax rate. In the past, half of the sales taxes received from Apple products were refunded right back. But now only 35% of these will be given in return. 

In other words, the terms of the novel agreement are quite different from the earlier version. The brand new campus is going to be given the go-ahead signal from the Mayor who is reported to have said “Go for it!” after the final agreement. The environmental impact of the sprawling spaceship campus was one of the main reasons for the higher amount of tax that Apple had to pay.

Cupertino Mayor Orrin Mahoney said in an email, "This item was one of many negotiated between Apple and the city of Cupertino as part of the development agreement. The Apple 2 campus is expected to have long-term impacts on the city with respect to traffic and other issues and Apple agreed to a financial offset for some of those impacts."

While the greater amount paid by Apple won’t affect it in any way, it will be a major contribution to the welfare of the Cupertino City Council. The new campus will be complete by the year 2016. The older landscape comprises 176 acres of land which has to be cleared of trees and buildings. Only then will work on the new campus begin. 

The 2.8 million square foot circular spaceship will have four floors and a vast parking space in the basement. Only 20% of it will be composed of concrete. And with over 14,200 employees working inside the complex, the productivity of Apple will surely skyrocket. 

Source: LATimes via MacRumors

 

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest technology trends.

 

 

Comments

blog comments powered by Disqus

Latest stories

Apple Avoids Heartbleed: Here’s Why
Apple Avoids Heartbleed: Here’s Why
Apple didn't fall victim to the Heartbleed vulnerability due to Apple’s notorious control
 
 
Leaked specs of the yet to be announced Moto E
Leaked specs of the yet to be announced Moto E
With better measurements, the phone will be more elegant looking than the Moto G and Moto X
 
 
Toshiba&#039;s powerful display offering on its new Satellite P55t
Toshiba's powerful display offering on its new Satellite P55t
With a 4K resolution of 3840 by 2160 pixels, this seems quite a compelling deal
 
 
Anna Kournikova has never met boyfriend Enrique Iglesias' dad Julio Iglesias
The two never enjoyed an open father and son relationship
 
 
 

The Hottest Photos of Victoria's Secret Fashion Show 2013