Genentech's $2B Plan for California

Genentech will make more than $2B in capital investments through 2016 across the state, including lab expansions in S.F. and its manufacturing plants in Vacaville and Oceanside. It's erecting what it calls an employee resource center, which includes a fitness center, and plans to construct a second childcare center to hold another 500 children, reports the San Francisco Business Times. Thanks to local acquisitions and internal growth, Genentech has 1,500 more employees on its sprawling South San Francisco campus than it had two to three years ago. Now it's got some 10,000 employees there. [SFBT]

Continue reading this story with a free account

Log in or register
Related Topics: Genentech
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet

Office Revenues Are Failing To Keep Pace With Expenses

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

Stephen Ross Expands Palm Beach Empire With Massive Boca Raton Campus

25 Years After 9/11, Lower Manhattan Is Finally Firing On All Cylinders

Tishman Speyer Seeks $92M Tax Break For Next Hudson Yards Office Tower

Stephen Curry Sells Planned HQ Site Near Warriors' Arena

Renovate Or Raze: K-12 Developers, School Districts Face Difficult Development Choices

Charles Cohen Plans $350M Office Project After Resolving Debt Ordeal

Report Finds Hybrid Work Creates New Opportunities For Women In Real Estate

SL Green Selling SoHo Building For $226M