Office space: Apple, Twitter closer to super sizing their HQ footprints

Summary:An IPO is not the only big ticket item on Twitter's agenda this week.

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When big tech companies have plenty of cash, they tend to splash the extra funds on big, fancy campuses.

Sometimes these facilities turn out to be shrines to themselves. Sometimes they're just necessary to accommodate a rapidly growing workforce.

Two of tech's biggest titans are in the headlines today for their real estate as well as their primary businesses.

Let's start with Apple, which popped up earlier today as rumors spread that the iPad mini 2 has been delayed yet again .

Another one of Apple's projects that always seems to find itself on the back-burner is its proposal for a futuristic new headquarters, often referred to as a "mothership," near its current space in Cupertino.

Originally the brainchild of late founder Steve Jobs, it looks like Tim Cook and company are one step closer to some upgraded office space.

The City of Cupertino's Planning Commission has a special hearing scheduled for this evening to review and vote on Apple's Campus 2 project.

According to the New York Daily News, Cupertino stands to reap in millions when all is said and done, so it's hard to see anyone in the South Bay town voting against Apple on this one.

If granted approval from the Planning Commission, a final vote is slated for November 19. A move-in date is still being pegged for some time in 2015.

On the other side of the spectrum is a private company ready to go public : Twitter.

The micro-blogging giant has been garnering attention as Wall Street and Silicon Valley alike wait for Twitter to reveal its initial public offering price this week.

But it looks like Twitter is also planning to use some of its expanding wealth to expand its footprint. The social networking business has already positioned itself as an anchor project in the revitalization of the mid-Market corridor in San Francisco.

Now, Twitter is reportedly doubling its efforts in this regard by doubling its office space too.

Bloomberg reported on Wednesday that the social media company is hoping to lease a 320,000-square-foot office adjacent to its current home base, which it moved into last year.

While there are some other big tech brands moving into the area, notably Spotify, Twitter's chances here look pretty good given that the news agency added it is the "only current suitor" for the location.

Image via Apple

Topics: Tech Industry, Apple, Enterprise 2.0, Social Enterprise

About

Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish Americ... Full Bio

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