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U.S. Risk Brokers  Facebook Builds Apartments for Staff? 


Julie Byington, U.S. Risk - Dallas, TX 75252
Reputation: 1786 - Total posts: 38
Yes you read that right!  Facebook is building its own apartment complex so that employees never have to leave work.

Adding to the many perks of working at Facebook’s campus is now an opportunity to move in next door–because who isn't sick of their healthy work/life balance?+

The social media giant announced plans to erect a community development a mere 1.5 miles from the Menlo Park, Calif. sprawl. The $120 million, 630,00 square-foot complex will house 394 units including studio apartments and three-bedroom apartments, with a handful of units set aside for non-Facebook employees and low-income residents.Facebook hired local developers St. Anton Partners to helm the project located between the 101 freeway and salt marshes, according to the Wall Street Journal. The company has not disclosed how much they plan to invest. Construction begins this month and is expected to be complete in 24 months.

Read more: http://newsfeed.time.com/2013/10/04/facebook-building-its-own-apartment-complex-so-employees-never-ever-have-to-leave-work/#ixzz2gmALFRK4
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