Lendlease scores $15 billion project to help Google build homes in Silicon Valley

Lendlease will work with Google for the next 10 to 15 years to redevelop the US tech company's landholdings in San Jose, Sunnyvale and Mountain View, the Sydney-based company said in a statement Thursday. Work could start as early as 2021. Google's agreement with Lendlease will "play a key role in helping deliver at least 15,000 new homes on our land," David Radcliffe, Google's vice president for real estate and workplace services, said in a statement. The tie-up with Lendlease is part of Google's $1 billion pledge in June to help create more affordable housing options in the Bay Area. The tech giant committed land worth $750 million to building residential projects, as well as $250 million to encourage developers to build affordable housing.