Tech

Apple Readies Spaceship-Like Campus

Stock quotes in this article:AAPL 

NEW YORK (TheStreet) -- Apple(AAPL) on Wednesday submitted new plans and renderings for its proposed spaceship-like corporate campus in Cupertino, Calif.

The new campus, initially proposed by Apple founder Steve Jobs in June, will supplement its current headquarters at 1 Infinite Loop which is located across town. Made of curved glass, the 2.8 million square-foot space will be four floors and will house 13,000 employees. The landscape also will be covered by more than 6,000 trees.

Apple has "a shot at building the best office building in the world," Jobs said when he proposed the project to the city.

Apple hopes to break ground on the facility next year and complete it by 2015.

Shares of Apple fell 0.7% to $388.33 in early trading Wednesday.

--Written by Olivia Oran in New York.

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