After winning initial approval for the project in October, Apple has now won final approval to go ahead and construct its ambitious 'Spaceship' campus 2. As part of the agreement Apple will increase the amount of taxes it pays to the City of Cupertino by way of a decreases in sales tax rebates Apple receives.

Construction of phase 1 should be complete by 2016 and will include the iconic 2.4 million square-foot main building, underground parking structure, a fitness centre and an auditorium. Campus 2 is to be environmentally friendly with 80% green space, efficient water and landscaping and a large amount of its power coming from solar and fuel cell sources.

Source: Macrumors