The latest chapter in the once great city’s demise came this week when Google pulled out of a $15 billion investment in Santa Clara County that would have built 15,000 homes, according to Gizmodo.
The report notes that Google and Lendlease have jointly terminated their $15 billion deal, originally struck in 2019, to develop housing and commercial spaces in Sunnyvale, San Jose, and Mountain View, the latter being the home base for the tech giant.
The ‘Downtown West’ project in San Jose was set to feature 4,000 affordable housing units, sufficient office space for 20,000 workers, a 300-room hotel, and 10 parks. Instead, San Francisco now “gets nothing”.
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