Lendlease expects to begin delivering within two years the first stages of what will become one of the world’s largest single build-to-rent projects with housing development on Google-held land in California’s Silicon Valley, reports property editor Nick Lenaghan.
Fresh details and a clearer sense of the scale of the massive project, which Lendlease first inked last year, were revealed by chief executive Steve McCann at the company’s annual shareholder meeting on Friday.
Lendlease has lodged plans for the East Whisman precinct of the Google land project in Silicon Valley.
Lendlease has lodged plans for two precincts, accounting for around 30 per cent of the entire project. Feedback on those plans is positive, giving Lendlease confidence it could begin delivering the project by financial year 2022, Mr McCann said.
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