YouTube headquarters expansion plans show Google see a booming future for video

David
Woltering (left), the community development director for the city
of San Bruno, discusses plans to expand the area around YouTube’s
HQ.
Greg Sandoval/Business
Insider

• YouTube wants to dramatically expand the company’s
  headquarters.
• The city of San Bruno, CA, recently presented four
  options for the public to consider. 
• The plan favored by YouTube would call for a dramatic
  increase in the amount of office space and jobs located in the
  area.  

SAN BRUNO, CA — More than 13
years and millions of uploads later, the tiny video startup that
began life above a pizzeria has grown so large that entire
neighborhoods must be reshaped to meet its needs.

YouTube’s managers began to seek
an expansion of its San Bruno, CA headquarters last year. On
Tuesday evening, the city of San Bruno presented four separate
development plans for the 98-acre area around YouTube’s offices
for public consideration. 
More than 50 people showed up at the San
Bruno Senior Center to review the plans and offer input.

According to city managers,
YouTube favors a proposal that would add 2.3 million square feet
of office space and eventually bring more than 10,000 new jobs to
the area. Not all those jobs or space would belong to Google but
said “The vast majority of it would be YouTube’s.”  

That YouTube is bursting beyond
its current office space should surprise no one. The world’s No.
1 video-sharing service and the second most-visited site on the
Web (Google is No.1) is supposedly raking in big ad dollars,
according to analysts.
In
May, analysts from Morgan Stanley said they believe if YouTube
were a standalone enterprise, it would be more valuable than
…

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