Google's Latest Real Estate Purchases Scaring Silicon Valley

As Google expands its technology monarchy, the tech giant is buying up a quite tad of Silicon Valley real estate.In the past 3 years, 24 Mountain View buildings are bought by Google and effectively employing as many as 10,000 workers. This will be an update to the city's zoning regulation, the Contra Costa Times reports. Probably, the city is to make a decision on new regulation before 2015.

Then the Google can turn its acquired small office spaces into high rise worthies by joining the company's enormous properties throughout the Silicon Valley area. The Contra Costa Times say that Google has an enormous group of buildings in Palo Alto, Main campus 'GooglePlex' is located at Amphitheatre Parkway in Mountain View, Santa Clara Country, California United states and construction project in Hangar and one in Moffett Field, a giant blimp hanger from Pre-World War ll. According to the Group's website. When it comes to Google and Real estate, the development has some general suspicious and worries. A community group called the campaign for a balanced Mountain View formed earlier this year in to an operation to promote 'a better balance between jobs and housing in Mountain View'.

Moreover, the campaign has taken an interest in Google's building projects.Lenny Seigel, a member of the campaign for a Balanced Mountain View and Executive director for the center for Public Environmental Oversight, voices Google buildings will cause an exaggerated traffic and prices on Homes. Google has not revealed its decision publicly since 2012, It is upholding its decision and wrote a letter to the city. Google's Vice President for real estate Mr. David Radcliffe, wrote that it would be not possible to separate their growing use of local real estate with a change in traffic. The Contra Costa Times stated that He wrote, ' The office park development model has played itself out skill'.