Verizon Announces New Technology Hub for Verizon Media at San Jose’s Coleman Highline Campus
July 23 2019 - 7:30PM
Today, Verizon announced plans to co-develop and lease to purchase
a new campus for its Verizon Media workforce, built from the ground
up at the Coleman Highline campus in San Jose.
“We are embarking on the next chapter of Verizon Media’s journey
here in Silicon Valley,” said Guru Gowrappan, Chief Executive
Officer of Verizon Media. “This move will allow us to build a fully
customized and sustainable new campus from scratch with employee’s
being a part of this journey helping to design their workplace of
the future. My goal is to bring a new energy to our home and ensure
it is best suited to the teams’ needs and culture.”
Creating a tech epicenter
San Jose’s Coleman Highline campus will support 3,400 employees,
including 2,400 from Verizon Media’s current Sunnyvale location.
Verizon signed a long-term lease of approximately 640,000 square
feet in multiple buildings, which will include a welcome pavilion
and various workplace amenities such as a fitness center and
cafeteria. The location will leverage Verizon’s industry-leading
wireless and fiber network capabilities to create a next-generation
innovation hub in Silicon Valley.
“I warmly welcome Verizon to our city, and thank them for
selecting San Jose as their new Silicon Valley home," said Mayor
Liccardo. "By moving their operations into the greater Downtown,
Verizon’s 3,400 employees gain the opportunity to work where they
live and play near world-class transit, entertainment, and retail
amenities."
The amenity rich campus will be part of a larger mixed use
development with hotel, retail and residential, as well as other
engaging space centered on communal gatherings and collaboration.
Coleman Highline will bring the indoor work space outdoors, and
will offer a modern lifestyle experience for the community to
thrive.
Its socially centered design was created in partnership with
Gensler, a global design and architecture firm, and is also focused
on operations efficiencies and sustainability. The creatively
designed space was inspired by some of the greatest examples of
human interaction like the New York City High Line, which is one of
the country’s most innovative and inviting public spaces.
Verizon’s decision to locate at Coleman Highline campus
reinforces its commitment to Silicon Valley and its ability to
retain and attract the best talent.
“By building an amenity rich experience, we will blend work,
life and home all into one place and create a community-oriented
lifestyle,” said John Vazquez, Verizon’s senior vice president of
global real estate and supply chain. “It is a destination that will
draw people from across the country to live, work, shop, and
play."
Once completed in 2021, Coleman Highline campus, a development
of Hunter Properties, will be home to a dynamic live-work-innovate
ecosystem for the San Jose community.
As a transit-oriented development, employees will benefit from
the building’s convenient location with multiple transit
options. It is adjacent to the Santa Clara Caltrain station
and Santa Clara Valley Transportation Authority (VTA), across the
street from San Jose International Airport, and just minutes to
major freeways including U.S. Route 101, State Route 87, and
Interstate 880. There will also be access to bike paths for
commuting and leisure, along with 11 acres of urban parkland to
explore.
Powered by experiential
amenities
Coleman Highline will feature a variety of convenience features
within the broader complex:
- Over 7,500 square feet of on-site retail options and a public
market
- A diverse collection of cuisine, caterers and food trucks
- Two dedicated retail pavilions anchored by a main plaza and
promenade
- On-site hotel and apartments with more than 2,500 new housing
units
“Verizon Media is crafting a new workplace experience model for
technology companies,” said Carlos Martinez, Design Principal at
Gensler. “We are designing an intimate setting that carefully
weaves the interior spaces with the exterior design through a
collection of amenities that unite the buildings in a seamless way,
creating an experience that is more human and more
memorable."
The real estate agreement was overseen by the CBRE brokerage
team led by Matt Hargrove and Mike Filice. The owner was
represented by CBRE San Jose, led by Jeff Houston, Mike Benevento,
and Mike Charters.
Groundbreaking is scheduled for fall of 2019.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in
New York City, generated revenues of $130.9 billion in 2018. The
company operates America’s most reliable wireless network and the
nation’s premier all-fiber network, and delivers integrated
solutions to businesses worldwide. With brands like Yahoo,
TechCrunch and HuffPost, the company’s media group helps consumers
stay informed and entertained, communicate and transact, while
creating new ways for advertisers and partners to connect.
Verizon’s corporate responsibility prioritizes the environmental,
social and governance issues most relevant to its business and
impact to society.
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Media Contacts:
Olivia
Paladino908.201.1896Olivia.paladino@verizon.com
Kim Ancin908.801.0500Kimberly.ancin@verizon.com
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