Apple, other autonomous car makers, looking for huge tracts of land

Wall Street Journal:

Apple Inc., Google parent Alphabet Inc. and several car makers are seeking large expanses of real estate in the San Francisco Bay Area for their autonomous-car operations, a top landlord in the area said Thursday, illustrating Silicon Valley’s growing importance in the auto industry.

Victor Coleman, chief executive of Hudson Pacific Properties Inc., told analysts that “we are seeing a definitive movement” from autonomous-car research-and-development facilities, which “seem to be a hot demand item.”

“We’re seeing the Toyotas of the world, the Teslas of the world, BMWs, Mercedes. Ford now is out in the marketplace looking for space,” he said on the landlord’s quarterly investor call. “I haven’t even mentioned the 400,000 square feet that Google’s looking to take down and the 800,000 square feet that Apple’s looking to take down for their autonomous cars as well.”

Seems to me, someone could make a killing creating a massive setup that allowed manufacturers to bring their vehicles in and test against all the California and federal regulations.