Microsoft has submitted a proposal with the city of Mountain View, Calif., to redevelop the company’s campus based there.

In an email to employees on Thursday, Qi Lu, a Microsoft executive vice president, said the company also plans to buy the 515,000-square-foot campus, which it currently leases. Some of the proposed features include modern work spaces, a subterranean parking lot and a soccer field.

“I am excited to announce our plan to further invest in the success of the Silicon Valley region,” Lu wrote. Silicon Valley Business Journal first reported the news.

The software giant, based in Redmond, Wash., first established a presence in the Valley in 1981. It now has more than 2,000 employees in the Bay Area, the company told GeekWire. The Mountain View construction is expected to start in 2017, and will take at least three years.

Microsoft made some cuts in its Silicon Valley operations in the fall of 2014, focusing on Microsoft Research, as part of the company’s broader cutbacks at the time. However, the Silicon Valley operation continues to be a center for research and development for a variety of Microsoft products.

It’s not a bad time to own a construction business in Northern California. Apple is also developing its new 2.8 million-square-foot Cupertino headquarters, dubbed by many as the Spaceship Campus.

Here’s the full text of the email to Microsoft employees.