2017 will be a big year for Uber’s real estate footprint: The company is set to open two new offices in the Bay Area to hold its growing workforce.
Headquartered in San Francisco’s downtown area, Uber is planning to open a new location in the city’s Mission Bay neighborhood, as well as one in Oakland, near a major subway station. The company plans to move from its current office on Market Street to the futuristic-looking Mission Bay location, which will comprise of two buildings, for a total of 423,000 square feet. The office is set to open in late 2017 or early 2018.
The Oakland office, which was bought last fall from real estate development firm Lane Partners for an undisclosed amount, was formerly owned by Sears. Uber plans to fill the building with 2,000 to 3,000 employees, which would make it the largest employer in Oakland if it does reach the latter capacity.
In total, Uber will spend more than $380 million purchasing and renovating both locations. Here’s a comparison between the two upcoming locations, according to data from BuildZoom, an online marketplace for finding contractors: