Facebook already has a swanky campus in Menlo Park, Calif., and soon, it will also have an equally swanky housing community nearby. The social network is working with a developer to build a 394-unit rental community within walking distance of company headquarters, the Wall Street Journal reports. And the 630,000-square-foot "Anton Menlo" certainly sounds like a place anyone would want to call home: Amenities include an on-site cafe and sports pub; a pet spa, dog park, and doggy day care; a yoga and training facility and other wellness services; a resort-like pool, rooftop deck, spa, and cabana; and, of course, a bicycle repair shop. The nearly 10-acre property is a redevelopment of industrial land, CNET reports.
A Facebook rep says the $120 million project wasn't designed as an effort to retain employees ("We believe that people work at Facebook because what they do is rewarding and they believe in our mission"), but that some employees had in fact asked for help finding places to live. Real estate prices are going up fast in Silicon Valley, and there's currently a housing shortage in Menlo Park. But the development can only house about 10% of the local employees at most, and most of the units will be open to non-employees as well. The development will include 208 one-bedroom apartments, 139 two-bedrooms, 35 studios, and 12 three-bedrooms; it won't be complete for at least two years. See the Journal for an idea of what Anton Menlo will look like. (Or click for details of the similarly swanky remodel Mark Zuckerberg is doing on his house.)