Apple is the largest US corporation in the use of solar energy

Apple Park is among the most valuable buildings in the world

Apple is the largest US corporation in the use of solar energy

We talked here, about two years ago, about the astronomical amount invested by Apple in the construction of the Apple Park: US $ 5 billion, which made it, at the time, the third most expensive building in the world.

There is a difference, however, between construction value and market value – while the first refers to the exact amount spent by a person or company to build something, the second quantifies the value of that building if its owner decides to sell it . Obviously, Apple does not intend to sell Apple Park nor will it intend to do so for much time, but the building is still one of the most valuable in the world.

THE San Francisco Chronicle made a survey to estimate the market value of Apple Park and reached an impressive number: $ 4.17 billion. The value refers to all the construction of the land and everything included in it, such as furniture, equipment, landscaping and whatever it is. Santa Clara County, which only considers the building itself, evaluates Apple Park in $ 3.6 billion for paying taxes.

Incidentally, what taxes: with county property taxes hovering around 1%, Apple is estimated to pay about $ 40 million annually to the State. This, of course, considering the full value – naturally, such a construction involves a series of tax benefits and counterparts, as we have already discussed in several other articles.

The fact is that, at $ 4.17 billion, Apple Park easily ranks among the ten most valuable buildings in the world. The title holder remains, centuries later, the Great Mosque of Mecca, in Saudi Arabia, estimated at around US $ 100 billion (!), and the second place is also in the holy city of the Middle East – it is the complex of skyscrapers Abraj Al Bait, valued at about $ 15 billion.

When the project’s nuclear fusion complex opens, ITER (located in Saint-Paul-lès-Durance, France) will also join this select group, with an estimated value of US $ 25 billion. Other buildings in Top 10 include the One World Trade Centerin New York (US $ 3.8 billion) and the Salesforce Tower, in San Francisco (US $ 1.7 billion).

On the latter, moreover, the San Francisco Chronicle has an interesting fact: even though it has 57 floors, the skyscraper has only about half of the office area of ​​Apple Park, with only four floors. Of course, the Apple building is installed on a site dozens of times larger, but the information makes it clear how the use of space and intelligent architecture are important factors in the valuation of a building.

Another curious point: the Apple Park land has a length equivalent to half the area occupied by the Pentagon in Arlington, Virginia – with the obvious difference that the US Army does not pay taxes. ?

via Cult of Mac