360° Coverage Google Founders Offer all the Funding Needed to Save Hangar One
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Google Founders Offer all the Funding Needed to Save Hangar One
NASA hasn't agreed
Dec 12 2011, 3:12pm CST | by Shane McGlaun
Hangar One is the massive hangar where the Navy once kept its gigantic airships. The hangar is undergoing a massive update that is costing tens of millions of dollars. The hangar is now owned by NASA as well as the Moffett Field where the hangar is located. The proposal was made in September by Larry Page, Sergey Brin, and Eric Schmidt of Google to foot the bill for the upgrades.
The trio has offered to pay NASA the $33 million it needs to finish the upgrades to Hangar One with one caveat. The Google leaders want to use as much as 2/3 of the floor space inside the hangar to park the Google fleet of eight private jets. NASA still hasn't responded to the offer even though the proposal was received positively by NASA.
You would think with the budget crunch that NASA is under it would jump at the chance to get the funding it needs to finish the upgrades with nothing more than floor space inside lost. If the decision goes on longer than it takes to remove the skin of the building and the scaffolding outside has to be removed and sat back up it will cost $1 to $2 million more just to set the scaffolding back up. NASA would be able to lease the remaining floor space out as well as the upper levels of the massive building.
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Shane McGlaun
Leading our review center, Shane McGlaun (Google) knows technology inside out. His
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Shane can be contacted directly at shane@i4u.com.
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