The two tallest buildings in the United States wouldn’t be enough to contain Bay Area startups’ expected growth over the next six months.
Justin Sullivan / Getty Images
Silicon Valley startups need space. A lot of space.
As they rapidly hire workers, fueled by a flood of venture capital, startups in California's Bay Area will need about 8.6 million square feet of office space in the next six months, according to a projection by the research firm Mattermark.
To put that number in perspective, picture the two tallest buildings in the United States — One World Trade Center in New York and the Willis Tower in Chicago. Combined, the total rentable space in those buildings is about 6.8 million square feet.
Which wouldn't be enough to satisfy what Silicon Valley needs in the next six months.
Don Emmert / Getty Images
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