Facebook Is Building A $120 Million Town For Its Employees

Facebook is partnering with a Sacramento-based development company to build a 394-unit housing complex within walking distance of both its Menlo Park HQ and its new West Campus, which is under construction. Aside from 15 low income units required under agreements with local government, the rest of the studios, one-, two-, and three-bedroom apartments are all intended for Facebook employees. Ground will break in October 2013 and the building is expected to be finished in two years.