Robotic surgery industry leader Intuitive Surgical (NSDQ:ISRG) is looking to grow its Sunnyvale, Calif. campus by approximately 600,000 sq. ft, according to the Silicon Valley Business Journal.
The company plans to expand in 2 buildings, demolishing a cluster of buildings at 1050-1090 Kifer Road and replacing them with 2, 4-story buildings and parking garages. The expansion could house up to 2,150 workers.
“Since its founding, (Intuitive Surgical’s) real estate portfolio has grown by acquiring nearby buildings and parcels along Kifer road as the business grew. While this satisfied immediate space demands, the result has been a sprawling campus of unconnected buildings spread out over 1.3 miles of Kifer Road,” the company wrote in a letter to the city last month, according to the Business Journal.
The expansion grows Intuitive Surgical’s current 924,000 sq. ft facilities on 70 acres of land, which houses 3,211 employees. That’s up 233 from 2014, according to the Business Journal.
The new buildings will be built in 2 phases and sit on roughly 21 acres, according to the Business Journal, and the 1st building could be constructed as soon as permits are received and finished at the end of 2018.
The 2nd building could come as needed, in 2-5 years, according to a letter from the company. Approval will be dependent upon a planning process to rezone the neighborhood at higher densities.
The land Intuitive seeks to build on is currently occupied by several older buildings totally 362,000 sq. ft, the Business Journal said.
The post Intuitive Surgical looks to expand its Sunnyvale campus appeared first on MassDevice.
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