Welcome To Facebookville! The Social Network Is Offering Apartments To Workers

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Facebook is in the news again. Not too surprising. But this time it’s not the privacy policy or new web apps making headlines. The Silicon Valley behemoth announced its newest employee perk: a $120 million community housing development.

The 394-unit project, called Anton Menlo (it’s being developed in partnership with real estate developer St. Anton Partners), will be within walking of the social network’s Menlo Park, Calif., campus. The cushy rental complex will feature all the benefits of high-end apartments. Plans include options that rival the amenities of even the most posh housing arrangements and compliment the batch of incentives already offered at the youthful, laid-back office park.

Although Anton Menlo will certainly draw prospective recruits away from other power players in the tech and startup market, the digital brand is no innovator in corporate housing. Large businesses often hold leases on apartment blocks to accommodate guests and displaced employees. But community setups such as these haven’t been seen since industrial neighborhoods died out in the early 20th century.

Still the modern company town is certainly an advantage in an area with rising real estate costs, hundreds of relocating techies and a flustering search for nearby residential options. But will employees living among their peers soon forget how to unplug?

Perhaps when you work for Facebook, taking a step back is less of a concern. However, living and working with the same people around the clock can easily become overwhelming in an already frenzied occupation. Still once the 630,000 square-foot housing complex is complete, workers of the pioneer in online community development will have one of their very own IRL (In Real Life, in case you don’t know). And they’ll never have an excuse for being late again.

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