Microsoft campus gets crowded
Microsoft is spending $1 billion to expand its headquarters campus in Redmond, Wash., the New York Times reports. What the Times doesn't mention is that Microsoft is stuck footing such a big bill thanks in part to a short-sighted decision in 2004 not to build out a second campus in nearby Issaquah, Wash. Microsoft had an option to buy nearly 90 acres of land on the opposite end of Lake Sammamish from Redmond, but decided to forgo that route. Now, it's paying through the nose to acquire more real estate around its home campus -- as well as drawing bad feelings from neighbors in Redmond who blame Microsoft for burgeoning traffic problems.
Waaaa... Microsoft has to spend some of the billions they are sitting on.
CNNMoney.com Comment Policy: CNNMoney.com encourages you to add a comment to this discussion. You may not post any unlawful, threatening, libelous, defamatory, obscene, pornographic or other material that would violate the law. Please note that CNNMoney.com makes reasonable efforts to review all comments prior to posting and CNNMoney.com may edit comments for clarity or to keep out questionable or off-topic material. All comments should be relevant to the post and remain respectful of other authors and commenters. By submitting your comment, you hereby give CNNMoney.com the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying information via all forms of media now known or hereafter devised, worldwide, in perpetuity. CNNMoney.com Privacy Statement.
|
|
| 
