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Networking site LinkedIn proposes expansion in hometown in Silicon Valley

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MOUNTAIN VIEW, Calif. - Professional networking site LinkedIn is proposing to add office space in its hometown in Silicon Valley.

The company and a developer have submitted paperwork to city officials in Mountain View for multiple office buildings. The Oakland Tribune reports (http://bit.ly/1sr1CQw) that the buildings could total 2.6 million square feet and employ up to 13,000 new workers.

The proposal comes as LinkedIn has inked other expansion deals. The company signed a lease last month for a 26-story, 450,000-square-foot office tower in San Francisco. The building in the city's South of Market neighbourhood is expected to be completed by 2016.

As of February, LinkedIn also occupies office space in Sunnyvale, another Silicon Valley city.

Analyst Tim Bajarin tells the Tribune technology workers still overwhelmingly live in Silicon Valley, so LinkedIn's planned Mountain View expansion makes sense.

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Information from: The Oakland Tribune, http://www.oaklandtribune.com

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