.

Menlo Park Green Lights Facebook Expansion

Deal means millions of dollars for the city.

Menlo Park City Council approved a with Facebook Tuesday that will allow the social media company to pack thousands of employees onto the campus for a few million dollars.

The zoning laws for the property on which the campus stands only allows 3,600 employees to work there. Facebook wants many more people than that and offered the city $12,500,000 over the next 16 years. It also offered an investment of $500,000 into a .

Council unanimously accepted these terms, along with a few more . Internship and job creation programs will also be cultivated. 

To read more about the council's decision last night, click here.

sister madly April 19, 2012 at 12:01 AM
a pittance considering the billions fb will rake in over that same period.
Adam Moe May 09, 2013 at 09:07 PM
so true

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something