Alphabet Inc.'s Google is investing more than $1 billion on a new campus in New York, becoming the second major technology company after Amazon to pick America's financial capital to expand and create thousands of jobs.

The 1.7 million-sq.-foot campus, called Google Hudson Square, will include leased properties at Hudson Street and Washington Street, the company said in a blog www.blog.google/inside-google/company-announcements/google-hudson-square-our-expanded-new-york-campus post on Monday. The new campus will be the main location for Google's advertising sales division, the Global Business Organization.

Google hopes to start moving into two Hudson Street buildings by 2020, followed by a Washington Street unit in 2022 and will have the capacity to more than double its New York headcount, currently more than 7,000, in the next 10 years.