Perhaps most notably, the new space will host the third class of Google's Launchpad Accelerator, a part of the company meant to give startups resources and up to $50,000 in equity-free funding. Previous classes the Launchpad Accelerator came from Brazil, Indonesia, Mexico and India, and Google's blog post announcing its new space notes that it wants to use it to help bridge Silicon Valley with startups from emerging markets around the world. It's been less than a year since the Launchpad Accelerator started, but it seems that Google's keen to keep investing in its program.

Other details on what Google intends to do with this huge space aren't available yet, and the company hasn't said yet when it'll open -- but Google says it'll have more details in the coming weeks.