FRANCHISE HERALD
Saturday October 31, 2020

updated - October 31, 2020 Saturday EDT

Apple is Builiding Second-Largest Campus in Austin, Transforms Austin's Technology Sector

Sep 07, 2015 07:51 AM EDT | By Jean-Claude Arnobit
Tags
Apple Inc., new campus, Northwest Austin
Close
Apple is Builiding Second-Largest Campus in Austin, Transforms Austin's Technology Sector
(Photo : Justin Sullivan | Getty Images News)

Apple, Inc. is transforming 38 acres of wooded land in Northwest Austin, Texas into its biggest campus outside of Silicon Valley, according to a report from the Austin-American Statesman.

The new office is transforming the technology industry in Austin, Texas.

Local technology experts say that Apple's investment in Austin, Texas is significant for the technology sector in Central Texas, adds Austin-American Statesman.

The investment expands Apple's Silicon Valley culture across the Austin ecosystem.

Mark McClain, CEO of SailPoint and chairman of the Austin Technology Council, told Austin-American Statesman that Apple's investment sends a message that the city "has the ingredients."

"When Apple puts its stamp of approval on Austin like this, people notice," he said. "We want to be recognized as a great place to build a tech company."

He added the Austin-American Statesman that the investment of Apple will have a ripple effect that will be felt across the city's technology industry.

"Some people will come to work for Apple and get the entrepreneurial bug and start a company," he said. "Others will eventually leave to join local tech companies that need their expertise."

Once Apple completes its new campus, it will have seven limestone-and-glass buildings with a combined 1.1 million square feet of space, according to Austin-American Statesman.

It will also have a restaurant, a full-scale gym, and a spa-like wellness center.

Austin-American Statesman also adds that Apple will also be providing more than 3,600 new full-time jobs in Austin and retain the 3,100 existing full-time positions.

This is part of the $35 million tax incentive package that the city will provide to Apple.

Denise Young-Smith, head of human resources at Apple, told the Chron that the company was drawn to Austin's talent pool and cultural diversity.

"Austin has always been a voice and proponent of diversity and inclusiveness," she said. "And there is also diversity in terms of talent, including the music and artistic community."

Apple told the Austin-American Statesman that it is already ahead of its hiring projections.

Once Apple reaches its hiring figures, it becomes the second-largest technology employer in Central Texas, behind Dell, Inc.

The Austin-American Statesman also mentioned that the new campus is expected to be completed in 2016.

Get the Most Popular Franchiseherald Stories in a Weekly Newsletter
© 2015 Franchise Herald. All rights reserved.
>>>>>>> 10460c7d066ded6bd40ea293096592303635a9b7 <<<<<<< HEAD ======= >>>>>>> 10460c7d066ded6bd40ea293096592303635a9b7
<<<<<<< HEAD ======= >>>>>>> 10460c7d066ded6bd40ea293096592303635a9b7

Connect With Franchise News

Email Newsletter

TOP 10 FRANCHISES OF 2020

  • RANK
    FRANCHISE NAME
    STARUP COSTS
  • 1nc
    Hampton Hotels
    $3.7M - 13.52M
  • 2nc
    Subway
    $85.2K - 260.35K
  • 3up
    Jiffy Lube Int'l. Inc.
    $196.5K - 304K
  • 4down
    7-Eleven Inc.
    $30.8K - 1.64M
  • 5up
    Supercuts
    $103.55K - 196.5K
  • 6up
    Anytime Fitness
    $56.3K - 353.9K
  • 7down
    Servpro
    $133.05K - 181.45K
  • 8down
    Denny's Inc.
    $1.18M - 2.4M
  • 9down
    McDonald's
    $1M - 2.16M
  • 10down
    Pizza Hut Inc.
    $295K - 2.15M
Real Time Analytics