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6/08/16
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A non-profit technology school based in Paris, known as 42, has acquired nearly 200k sf of space in the Bay Area for the launch of its first US campus. The school purchased two properties consisting of a 100k sf classroom building at 6600 Dumbarton Circle and an 84k sf dormitory building at 34793 Ardentech Ct in Fremont from DeVry Education Group.
The school purchased two properties consisting of a 100k sf classroom building at 6600 Dumbarton Circle and an 84k sf dormitory building at 34793 Ardentech Ct from DeVry Education Group. Cushman & Wakefield’s Kalil Jenab and Marcus Wood represented the school in the acquisition.
Open 24/7, the Fremont campus offers students a friendly environment, with collaborative spaces that are both pleasant and functional. 42 assists the most disadvantaged students with 300 spaces in the dormitories which are completely free of cost. 42 is working with the City of Fremont to increase this capacity to 600. The most modern equipment is at the students’ disposal.
42’s mission is to undercover the talents of their generation in the field of programming and to do so on a broad scale. Students are selected neither on the basis of financial ability nor educational degree, but solely on the basis of their talent and motivation. By employing this new educational approach, 42 applies neither the academic nor the financial criteria that prevent too many of today’s young people from achieving success. In this non-profit organization, no registration and tuition fees will be required before, during or even after attending 42.
The non-profit Silicon Valley campus was created by Florian Bucher, Xavier Niel, Nicolas Sadirac and Kwame Yamgnane, following the school’s success in France. Xavier Niel funded the project with $100 mil of his personal funds and and has enlisted Brittany Bir and Kwame Yamgnane to manage the US school.
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