Google has signed a 60-year lease for part of a historic Navy air base, where it plans to renovate three massive hangars and use them for projects involving aviation, space exploration and robotics. The tech giant has agreed to pay $1.16 billion in rent over the next six decades for the property, which also includes a working air field, golf course and other buildings. The 1,000-acre site is part of the former Moffett Field Naval Air Station on the San Francisco Peninsula. Google has signed a 60-year lease for part of a historic Navy air base, where it plans to renovate three massive hangars and use them for projects involving aviation, space exploration and robotics. The tech giant has agreed to pay $1.16 billion in rent over the next six decades for the property
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Hangar One was built in 1933 to house the USS Macon blimp
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It covers eight acres and was used as a set for the 2009 Star Trek film
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The hangar needs expensive renovations to stop toxins from the building leaking into the San Francisco Bay
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The U.S Navy threatened to knock it down but locals appealed
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Nasa, which manages the airfield, listed Google subsidiary Planetary Ventures as its ‘preferred’ lessor
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Google will pay $1.16 billion in rent over the 60 years for the property
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Google has already leased 42 acres of land at the base to build offices
Nasa
@placeholder added that the deal will save it $6.3 million (£3.9 million) in annual maintenance and operation costs.
Nasa
@placeholder is currently responsible for the hangar, as well as Moffett Federal Airfield, marked at A, where the hangar is built.
Moffett Field Naval Air Station
Nasa is currently responsible for the hangar, as well as @placeholder, marked at A, where the hangar is built.