Apple "spaceship" campus behind schedule, over budget

Apple's new "spaceship campus, or more formally called Campus 2, is still in the planning stages and ground breaking still has yet to begin. In fact, it's being reported that Campus 2 is behind schedule, and the budget for the project skyrocketed to $5 billion, up from $3 billion originally. If that's the case, the project would cost more than most top-of-the-line corporate skyscrapers, including the new World Trade Center in New York City.

According to Bloomberg Businessweek, anonymous sources who say they are close to the project have noted that not only did the budget go up significantly, but completion of the new campus will be pushed back. Campus 2 was initially set for a grand-opening date sometime in 2015, but since architects are researching for ways to cut back costs of the new building, the grand opening is said to be pushed back to 2016. Of course, this isn't the first time that we've heard a 2016 completion date. Back in February, we heard similar rumors.

The late Steve Jobs officially unveiled plans for the new campus back in 2011, which also happened to be his last public appearance — attending a meeting at the Cupertino City Council. The new campus will be 2.8 million square feet, which is two-thirds the size of the Pentagon in Washington DC, and it's expected that there will be over 6,000 trees planted all around the campus.

While the completion date of the new building is said to be pushed back, Apple will still go ahead and prepare for the ground-breaking. According to another source, Apple will start tearing down the 26 buildings that are currently sitting on the site at some point in June. This is the location of one HP's old campuses.

[via Bloomberg Businessweek]