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Glass was brought in from Germany to make the walls of Apple Park's ring-shaped building. “And of course, they’re a major employer – so that’s another benefit to the county.”. The intricately designed ring – which incorporates treated glass, and specially designed tiles – is surrounded by pines from the Mojave Desert. The new headquarters, designed … He freelanced for the Wall Street Journal, the New York Times and other local publications. Coincidentally, that tower is connected to an Apple store with a famous glass cube, though it’s been closed for renovations. Apple Park is one of the world’s most valuable buildings — and now we know exactly how much it’s worth. Based on the valuation by Santa Clara county, Apple will owe over $40m in property taxes each year in California. America’s tallest spire, the 1,776-foot One World Trade Center in New York, cost $3.9 billion to build, according to the Port Authority of New York and New Jersey, which owns the building, and is 3.5 million square feet. Apple Park Visitor Center is located at 10600 N. Tantau Ave, at the intersection of N. Tantau Ave & Pruneridge Ave in Cupertino. Select your country or region to learn about the latest products, view news, and receive support from Apple, all in your preferred language. New York’s second-biggest deal came last year and also has a tech company connection: Google paid $2.5 billion for Chelsea Market, a shopping and office center on Manhattan’s West Side. Apple was Santa Clara County’s largest property taxpayer for the 2017-18 fiscal year, with $56 million in taxes, Ginsborg said. “And so we were able to put a number on it.”. But unlike Apple, the Department of Defense doesn’t pay taxes. Apple has announced that it will begin moving staff into its new $5 billion (£4 billion) headquarters in April, opening a futuristic campus that has been more than six years in the making. The biggest sale of property in New York City, long the center of high-priced American real estate, was $2.8 billion for the GM Building at 767 Fifth Ave. in 2007. CUPERTINO, CA - APRIL 28: An aerial view of the new Apple headquarters on April 28, 2017 in Cupertino, California. With property taxes around 1%, Apple would owe around $40 million annually. Based on their estimate, the new Apple headquarters would cost more than $1,500 per square foot, three times higher than the cost of the majority of the top-of-the-line corporate towers in New York. The building is a manageable expense for Apple’s profit machine. Abigail Hess @AbigailJHess. Shuttle buses file into the pick up area for Apple employees at Apple Park in Cuppertino, Calif. Wednesday, Jan. 31, 2018. New figures released this week show the tech giant’s circular headquarters in Cupertino was assessed at $3.6 billion by Santa Clara County for property tax purposes. Now we have the answer. Published Mon, Oct 9 2017 9:55 AM EDT Updated Tue, Oct 10 2017 4:22 PM EDT. It would surpass the amount of money spent building the World Trade Center at $3.9 billion. His hobbies include swimming and urban photography. Apple Park officially opened in April 2017 and has served as the headquarters of Apple, Inc. since then. The campus also contains North and South Testing Buildings, which cost $31,492,000 and $72,350,000, respectively. It also invested $75m to improve infrastructure and ease traffic in several nearby cities. He was previously a reporter at San Francisco Business Times, where he won one award from the California News Publishers Association and three from the National Association of Real Estate Editors. The campus also contains North and South Testing Buildings, which cost $31,492,000 and $72,350,000, respectively. David Ginsborg, deputy assessor of Santa Clara county, where Cupertino is located, said that the unconventional 2.8m sq ft property was a challenge to evaluate. “But at the end of the day, it’s an office building,” Ginsborg said. Roland Li is a San Francisco Chronicle staff writer. The total cost of the construction project was estimated at about $5 billion. Looking for a heat lamp for outdoor dining in the Bay Area? Apple could also appeal the valuation and seek a lower bill, which it has previously done for other buildings. $3.6 billion, plus $620 million in equipment, 30 acres of open space, almost 11,000 parking spaces. Email: roland.li@sfchronicle.com Twitter: @rolandlisf. A spaceship in Cupertino: Apple's journey to build a new headquarters Apple's spaceship is rising Apple Campus 2 nearly $2 billion over budget and behind schedule, says Bloomberg An additional 15% funds the local fire fighting services. The donut-shaped Apple headquarters in Cupertino, California, has been valued at $4.17bn. By contrast, the world’s tallest building – the Burj Kalifa in Dubai – cost $1.5bn. Here’s how much every inch of Apple’s new $5 billion campus cost to build. How much is Apple’s spaceship headquarters worth? Based on their estimate, the new Apple headquarters would cost more than $1,500 per square foot, three times higher than the cost of the majority of the top-of-the-line corporate towers in New York. Apple's new 175-acre 'spaceship' campus dubbed "Apple Park" is nearing completion and is set to begin moving in Apple employees. Apple is the largest property taxpayer in the county, according to Stone. Photo: Mason Trinca / Special to The Chronicle 2018, Invited guests, analysts and press gather at new Steve Jobs Theater on the Apple Park campus in Cupertino Tuesday for Apple's annual unveiling of its latest iPhone modles. It cost Apple $160 million to buy the land and $5 billion to construct the buildings. The headquarters, which cost Apple $5 billion, has a visitor center and store for tourists looking to check out the campus or buy official Apple apparel and merchandise available only there. It would surpass the amount of money spent building the World Trade Center at $3.9 billion. Moreover, Apple benefits from a tax-incentive deal with the city of Cupertino, which has given almost $70m in sales-tax collections back to the company over the past 20 years, Bloomberg reported. As part of its Apple Park development agreement, the company paid $5.85m into an affordable housing fund. Pm EDT he studied and worked in new York were the next highest equipment, 30 acres of space! 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