Apple will Build to New $304M Campus in Austin
Gov. Rick Perry today announced that Apple will expand its presence in Texas with a $304 million investment in a new campus in Austin that will create more than 3,600 new jobs. The new campus will more than double the size of Apple’s workforce in Texas over the next decade, supporting the company’s growing operations in the Americas with expanded customer support, sales and accounting functions for the region. In exchange for Apple’s commitment to create these new jobs in Texas, the state has offered Apple an investment of $21 million over ten years through the Texas Enterprise Fund (TEF).
The new Apple staff will expand the customer support, sales and accounting functions for the region. Govenor Perry’s announecment comes two days after the big announcement of the Cupertino tech giant’s newest iPad, which took the company’s market capitalization back above $500 billion.
New Campus Location
Apples expansion plan in Austin, calls for a 1 million-square-foot campus to be built in two phases on 38.8 acres at West Parmer Lane and Delcour Drive. The site of the new proposed campus sits adjacent to their existing Austin Campus which consists of four buildings in the Riata Crossing Business Park in Northwest Austin according to records from the CoStar Group.