Facebook is planting its roots in the real world, with a planned community near its Menlo Park, California, headquarters—complete with a supermarket, restaurants, shops, and a 193-room hotel.

Willow Village will truly be a company town—with 1,729 apartments on-site, including 320 affordable units and 120 set aside for seniors.

The development of the 59-acre site, currently an industrial and research complex, is a collaboration between Facebook and Signature Development Group, a Bay Area real estate developer best known for the Hive, a mixed-use commercial, shopping, and residential space in Oakland.

The development’s leafy Town Square.

The design for Willow Village is pedestrian-friendly, with bike lanes and ample sidewalks, and includes numerous public green spaces, including a quarter-mile elevated park akin to the High Line in Manhattan.

Plans also call for a new 1.25-million-square-foot modernist office building, including a…

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