SANTA CLARA — Nvidia is eyeing a big-time expansion of an office site that the company owns next to its headquarters hub, potentially representing a fresh growth spurt for the dynamic tech titan.
The tech company has filed a proposal to build a large new office building at 2400 Condensa Street, which is west of, and directly next to, the Nvidia headquarters complex on San Tomas Expressway, documents on file with Santa Clara city planners show.
“To support our growth as we push the boundaries of accelerated computing, we have submitted a permit application to expand our headquarters with additional offices, lab space, and parking,” an Nvidia spokesperson stated in comments emailed to this news organization.
Santa Clara-based
Nvidia has embarked on a remarkable quest to widen its footholds
in the South Bay, primarily through property purchases next to and near the company’s headquarters.
The
tech titan has also pursued leasing deals
in locations that include a big office building in San Jose.
Nvidia’s development plans envision the demolition of an office and research building that Nvidia already owns and occupies at the 2400 Condensa site.
The existing office building totals 215,500 square feet, according to the Property Shark commercial real estate database.
That 2400 Condensa building occupies a parcel that is roughly 11 acres, Property Shark estimates show.
Nvidia intends to replace the existing building with a modern office building that is expected to total 324,000 square feet, according to Santa Clara planning files.
The development would also include a parking structure with about 2,900 vehicle spaces and 36 surface parking spaces, the city documents show.
“We hope to start work on this third phase of our long-standing development agreement with the city in the fall,” the Nvidia spokesperson stated in the email.
