Lendlease will work with Google for the next 10 to 15 years to redevelop the US tech company's landholdings in San Jose, Sunnyvale and Mountain View, the Sydney-based company said in a statement Thursday. Work could start as early as 2021. Google's agreement with Lendlease will "play a key role in helping deliver at least 15,000 new homes on our land," David Radcliffe, Google's vice president for real estate and workplace services, said in a statement. The tie-up with Lendlease is part of Google's $1 billion pledge in June to help create more affordable housing options in the Bay Area. The tech giant committed land worth $750 million to building residential projects, as well as $250 million to encourage developers to build affordable housing.

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