Google is taking over an historic Navy air base, NASA’s Moffett Field Naval Air Station on the San Francisco Peninsula. It will pay $1.16 billion in rent over 60 years for the 1,000-acre property, which also boasts a working airfield and golf course.
The former US Navy air base is currently home to NASA’s Ames Research Center and is within walking distance of Google’s main campus in Mountain View. NASA estimates the lease will save the agency approximately $6.3 million annually in maintenance and operation costs.
“As NASA expands its presence in space, we are making strides to reduce our footprint here on Earth,” NASA Administrator Charles Bolden said in a statement.