Tech

Microsoft may spend billions to revamp its headquarters with apartments, retail stores, and open space

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Satya Nadella talks to troops
Microsoft CEO Satya Nadella.  Microsoft

Microsoft is considering a multibillion-dollar revamp of its headquarters that could include on-site apartments, restaurants, and retail spaces, according to a Bloomberg report.

The overhaul of Microsoft's campus, which is about 13 miles outside Seattle, would be primarily designed to create more open space for workers to collaborate, instead of the private offices that currently make up much of the square footage in the buildings, the report says.

Microsoft has hired the big architectural firm Skidmore, Owings & Merrill for the project — though it has not yet made the final decision on whether to proceed, Bloomberg said, citing an anonymous source.

Microsoft has maintained its headquarters in Redmond, Washington, since the mid-1980s and owns most of the property. Right now, the headquarters contains about 80 buildings spread over a 500-acre campus.

The new campus could potentially include apartments to house visiting employees and interns, as well as public artwork, retail spaces, and restaurants, the report says.

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Alexei Oreskovic is the Tech Features Editor for the Business section of Insider.  Based in San Francisco, Oreskovic has covered technology and business for more than 20 years at publications including TheStreet.com, the Industry Standard, and CNET. Before BI, he was a correspondent at Reuters for six years, where he was a finalist for the 2013 Gerald Loeb Award in the Breaking News category for coverage of the Facebook IPO.  As Insider's Tech Features Editor, Oreskovic has overseen groundbreaking investigative stories on Uber, Snapchat, Tesla, Facebook and Google. He was the editor on the Snapchat and Facebook stories that won the Sabew 2018 Larry Birger Young Business Journalist award for former BI reporter Alex Heath. Oreskovic has covered the booms and busts of the tech industry since the first dotcom bubble of the late 1990s, and has interviewed the industry's most important players including Mark Zuckerberg, Eric Schmidt, Sheryl Sandberg and Marissa Mayer. He has made frequent guest appearances on TV and radio, including CNBC and BBC World News.  Disclosure: Oreskovic has a direct family member who owns shares in Compass.