Google signed a lease for Navy air base & plans to renovate hangers

Google signed a lease for Navy air base & plans to renovate three massive hangers & use them in its projects: aviation, space & robotics. Google signed a lease for Navy air base & Google has plans to renovate the three massive hangars & use them further in the projects: aviation, space & robotics. And Google has one more lease for another portion on the former air base which Google wish to develop it into its second campus. Google founders Larry Page & Sergey Brin used the Moffett runways for their private jets collection, which is severely criticized by some groups.

Through this lease Google will pay $1.16 billion rent for about 60 years. And this lease site is about 1,000 acres & it was a part of former Moffett Field Naval Air Station on the San Francisco Peninsula, which is located a few miles away from the main campus of the company in Mountain View. As per NASA statement: Google in-addition to renovating the hangers it has plans to improve a museum or educational facility which will exhibit the history of Moffett & Silicon Valley. And the hangers will be further used by the Google’s subsidiary: Planetary Ventures LLC for its research, development, assembly & testing in space exploration, aviation, rover or robotics & other emerging technologies.

Behind this Google’s lease lies the interest of Google founders, Larry Page & Sergey Brin in the field of aviation & space. Even the company recently had been acquiring many similar firms which are working on satellite technology & robotics.

Google plans include the takeover operations at the runways & hangars. Still NASA plans to continue its operations in its Ames Research Center on its former Navy site. And NASA has mentioned that with this deal NASA could save $6.3 million in its annual maintenance & operation costs as a whole.

Local official have praised & applauded Google’s this move of restore & renovate the historical structure, Hanger One. Hanger One is the San Francisco Bay Area Landmark. U.S. Rep. Anna Eshoo, D-Palo Alto, called this deal as: “a major win for our region.”