Facebook has big plans for Oculus, or so it would seem based on its recent investment track. The company has spent $88.3 million just in the last year on various development permits for Oculus-related offices in the Redmond area.
That's a hefty chunk compared to previous years. The company has spent $106 million over three years on construction and permits for expansion of offices according to an analysis by real estate database and resource BuildZoom.
That $106 million was spread across 180 permits for 11 buildings, and doesn't include a new building purchased and another leased recently. Eight new offices contributed to the $88.3 million this year.
At Oculus Connect in October of last year, along with the announcement of a $199 price point for the Oculus Go, CEO Mark Zuckerberg stated that he wanted to "get a billion people in virtual reality." The lower-cost, untethered device is predicted to ship 1.8 million this year.