Billions of people spend a lot of time living their lives on Facebook’s social network. Now Facebook wants to try its hand at creating a community in the real world.
The internet giant wants to build housing, retail stores, a hotel and more at its corporate headquarters — in short, Facebook wants to build its own town.
Facebook unveiled plans on Thursday for the massive new construction project at its Menlo Park, California corporate campus, which is part of Facebook’s plans to expand its home base. The 56-acre site, which Facebook bought in 2015 for about $400 million, is located directly across the street from Facebook’s headquarters. It will offer 1.6 million square feet of housing, or 1,500 units.
In a blog post announcing the plans, Facebook described the future development as a “mixed-use village” that will provide residents, many of which will be Facebook employees, with housing, transportation services and other amenities.