The Spring District is a 36-acre, 16-block mixed-used development built around a future light rail station that will be home to a new headquarters for outdoor retailer REI. It is also the site of the Global Innovation Exchange, the technology innovation graduate program created by the University of Washington, Tsinghua University and Microsoft. According to the project website, Block 16 will be ready for occupancy in 2020.
Seattle represents Facebook’s largest engineering center outside of its Menlo Park, Calif. home base, and the company has been growing all over the region in recent years.
The Redmond campus for Oculus could soon be even larger than Facebook’s Seattle presence. The company is reportedly teeing up a 650,000-square-foot office project under the mysterious moniker of “Building X” on a site it bought earlier this year. The project would push the growing Redmond campus well over 1 million square feet.
Facebook said late last year that it has more than 3,000 employees in the Seattle area, up from 2,000 in March. With all the new office space it is leasing, the social giant’s presence is set to grow exponentially in the coming years.