Skip to main content

Uber's property footprint unmatched among San Fran Bay Area ,Tech StartUps



Uber's  new Oakland headquarters is nearly 70 percent bigger than Internet radio service Pandora Media's (P.N) office nearby and will house about five times the number of employees that ride-hailing competitor Lyft has at its headquarters.


Pandora Media's 



The on-demand ride service paid $123.5 million for Oakland's historic Sears building last year and so far has filed building permits to complete at least $2 million in renovations, according to BuildZoom, a startup that compiles construction and remodeling contractor data for homeowners.




Uber Oakland HQ At Old Sears Building
Across the bay in San Francisco, Uber has so far initiated $130 million in construction on a bigger office in the Mission Bay neighborhood, BuildZoom's data shows.

The new building permit data from BuildZoom, provided, underscores the mammoth growth in Uber's real estate footprint and associated costs, overshadowing most other tech startups in San Francisco and Oakland.


Jiyan Wei Co -founder of BuildZoom

Remodeling on the old Sears building will take another year, and the Mission Bay campus is still two or three years out, so construction costs will rise. Uber said it was also repairing damage on the Oakland building caused by the 1989 Loma Prieta earthquake.

Uber is the most highly valued venture-backed tech firm and has raised more than $7.4 billion from investors, a war chest that can help fund real estate purchases.


Los Angeles, The New UberEATS is Here Uber 




uber now also delivers food a growing trend in consumer driven on-demand  lifestyle 



But its costly expansion in Oakland and San Francisco comes as the venture capital investing climate cools, with more investors wary that highly valued startups may not grow into their stratospheric valuation.

The iconic Oakland building, which opened in 1929 as a department store, will house between 2,000 and 3,000 Uber employees across 380,000 square feet (35,303 sq. m.).


By comparison, Ask.com, an Oakland-based search engine founded in the dot-com boom, has 200 employees in a 79,000-square-foot (7,339-sq.-m.) office it shares with other companies owned by parent IAC Publishing, spokeswoman Suraya Akbarzad said.


Who did Kim Kardashian work as a stylist for? - Ask.com on EXTRA



Sungevity, a solar design company that has raised close to $900 million from investors, occupies approximately 68,000 square feet (6,317 sq. m.) in Oakland, spokesman John Ordona said.

In San Francisco, Uber partnered with a real estate firm to purchase land for $125 million and develop a 423,000-square-foot (39,298-sq.-m.) campus that will house between 3,000 and 4,000 employees. That space is in addition to Uber's 500,000-square-foot (46,452-sq.-m.) headquarters in downtown San Francisco, according to BuildZoom.

Other highly valued, fast-growing tech companies don't come close. Lyft said it has 66,000 square feet (6,132 sq m.)while online accommodations company Airbnb said it occupies 169,000 square feet (15,700 sq m.) in San Francisco.



Airbnb | Treehouse


Further Reading 


Uber does not break law in UK , High Court rules

OnTheMarket overseas properties , Britons with holiday homes in France face paying extra 10% in tax if they sell the property following a Brexit

Guests staying with AirBnB for the super bowl top 15,000

FT first 'Rightmove maintains grip in battle of property portals @onthemarketblog


Morrisons Super Markets signs deal to sell food to Amazon online customers


Amazon eyes up UK restaurant delivery market


Booking.com Launches of Passion Search ,Don’t battle your passions, unleash them

Formula One star Eddie Irvine lists his Irish home on Airbnb


David Cameron calls EU referendum for June 23 2016 Official Statement @onthemarketblog

zoopla.co.uk selects Birst's Cloud BI platform for data integration from all its brands and apps

Good News UK mortgage approvals hit two-year high BoE

IMF Statement: LUXEMBOURG: Concluding Statement of the 2016 Article IV Consultation Mission

Pop-up housing could cut cost of London’s rental market & help UK housing Crisis

Emoov.co.uk what Brexit means UK House prices

Spanish house prices 2015 see rise highest rise 2007 crash , stabilisation of housing market, idealista.com

No Brexit for me, why I'm staying in a reformed EU and so should you

Scotlands House prices rise and sales grow ros.gov.uk

An analysis of recent trends in the Irish rental market 2015 in Review

fourth quarter 2015: First-time buyers took out 87,100 loans to purchase homes. + house prices in UK


GeoPhy Exodus-from-EU-may-spark-correction-in-the-rental-market.html

1st of March David Cameron St David's Day message "wonderful country and a great part of the United Kingdom"

Amazon eyes up UK restaurant delivery market

Bank of England's unease over market's rate view Carney & Shafik

Morrisons Super Markets signs deal to sell food to Amazon online customers

Buy-to-let investors 'could face losses'

Brick-And-Mortar Crumbling? Don't Believe It > Forbes > Leadership

Chinese authorities shut down microblogging accounts belonging to a real estate mogul


Foxtons high street estate agent facing landmark claim for £2million from group of 55 landlords

Brexit ,purplebricks.com investor, impacts on the property market overall and on aggregate consumption in the economy will be limited.