Besides a $75 million gym for employees, Apple’s massive new campus will have a number of nice perks, including a state-of-the-art theater for future product unveilings. The 1,000-seat venue will likely be where Apple holds the majority of its media events, and so the company is willing drop some serious cash on the space.
The underground theater will cost a whopping $160,999,985, according to building permits uncovered by BuildZoom. While we know little else about the venue, concept designs for Apple’s new campus show an above ground check-in lobby where members of the media will gather before being sent downstairs to their deaths.
Like the rest of the upcoming ‘spaceship’ campus Apple is building for $5 billion, the new theater will be a huge upgrade from the 300-seat Town Hall auditorium Apple has used to hold on-campus events for years.
Here’s to hoping that part of the budget is going towards a reliable infrastructure for live streaming those future events.