The good news train keeps on rolling. Samsung is expanding in San Jose, and they are deciding to build up instead of sprawl across a larger campus. They are going to tear down their current buildings and build two 10-story towers. The new development will total 650,000 sqft (i.e. these will be massive 10-story buildings) and allow Samsung to triple their workforce in San Jose to 900 employees.
Most of the office buildings in San Jose were built speculatively by developers and were not built to suit a specific company. Samsung will have a rare opportunity to really build something that will stand out in North San Jose and showcase their brand. I'm keeping my fingers crossed that they will decided to create something more unique than a box.
As for location, it couldn't be better for a dense building. They are right on the intersection of two Lightrail lines and minutes away from thousands of homes, hundreds of tech companies in the golden triangle, the @First development, and highways 237, 101, and 880. This is very exciting news indeed. Groundbreaking can happen as soon as mid 2013!
Source: The Merc