A spokesperson for Microsoft has confirmed that the company currently has no plans to begin construction of a campus on the Issaquah Highlands.
The spokesperson told The Reporter this week that “Regarding Microsoft construction in the Issaquah Highlands area, we do not currently have any details/specifics to share.”
A second e-mail from the spokesperson read “Our only activity is to keep the building site groomed. We are holding the site for possible future development.”
Representatives from Port Blakely Communities, the developer of the Issaquah Highlands neighborhood, were not able to provide any additional information.
In 2002, Microsoft purchased the first 37.5 acres of what it is hoped will eventually become a 150-acre campus.
At the time of that purchase, the Issaquah Highlands Community Association Newspaper wrote that “they should be in a position to start the first of its 2.95 million square feet of office space in late spring or summer of 2003.”
It is hoped the campus would provide up to 14,000 jobs.
On Thursday, April 23, Microsoft reported its first ever year-on-year drop in revenue.
It’s net income of $2.98 billion was down 32 percent from $4.4 billion recorded in the first quarter of 2008.
Microsoft’s previous worst year-over-year performance was a 0.7 percent increase in revenue in 2000.