Nike revealed its plans for its Oregon headquarters expansion early in April of last year. But now it turns out that the project will cost around $1 billion USD — a hefty price for one of the most powerful global athletic footwear and apparel manufacturers in the world. In comparison, tech giant Apple’s Apple Park has a $5 billion USD cost.
Some facts about the HQ expansion is that the 3.2-million-square-foot building will include the construction of more office spaces. There will be additional parking as well as state-of-the-art upgrades. Nike has actually been pretty tight-lipped about the project and the estimation costs are based on “local real estate and construction sources” according to Footwear News. Additionally, the design firms overseeing the expansion are ZGF Architects, SRG Partnership, and Skylab Architecture as well as Portland’s Place who was picked to take charge of the landscaping division.