Real Estate

Google village real estate development partner Lendlease trims staff

Gateway section near Water Company Building within Google’s Downtown West transit-oriented neighborhood in downtown San Jose, concept. (SITELAB urban studio, Google)

SAN JOSE — Google’s principal real estate partner for several new Bay Area neighborhoods — including a downtown San Jose transit village whose development timing is being reassessed — has trimmed its staff levels.

Australia-based Lendlease has confirmed that it has restructured and trimmed staff in the wake of Google’s disclosures of 12,000 layoffs that include 1,600 job cuts in the Bay Area, as well as a reassessment by the search giant of the timeline for its future mixed-use neighborhood near the Diridon train station and SAP Center in downtown San Jose.

“In order to align our resources to the market, we are in the process of reorganizing, including reductions to our Google Development Ventures business,” a Lendlease spokesperson said in comments the global real estate development and services

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