New York already has an Alphabet City, named for Avenues A, B, C and D just north of the lower east side of Manhattan. Now it will have an Alphabet City on the West Side as well. reports:

Google's parent company Alphabet said Monday it was investing over $1 billion in capital improvements to establish a new campus in New York City.

In a blog post, Alphabet and Google CFO Ruth Porat wrote that it is leasing large office buildings in Manhattan's West Village neighborhood, the centerpiece of a campus more than 1.7 million square-feet large.

The would make the company one of the 's largest commercial tenants and add thousands of jobs in the next years, according to The Wall Street Journal.

The new campus, which should be operational starting in 2020, will be known as Google Hudson Square and "will be the primary location for our New York-based Global Business Organization," Porat wrote.

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