Apple’s New Austin Campus Will Create Thousands of New Jobs
Austin, Texas will soon be the home of a new 1-million-square-foot Apple, Inc. The campus is expected to bring an estimated 3,000-4,000 jobs to Austin, which coincidentally is already ranked as one of the country’s fastest growing cities.
The company first announced the new Austin campus back in 2012. This isn’t going to be a replacement for its shapechip-themed Cupertino headquarters, but rather a new branch where Apple can develop new products, build current products, offer support, and perform all of the other tasks commonly associated with running a fortune 500 tech company.
“Our operations in Austin have grown dramatically over the past decade, from less than 1,000 employees in 2004 to more than 3,500 today. We’re looking forward to building a new campus in Austin, which will more than double the size of our workforce there over the next decade,” said Apple in a statement regarding their new Austin campus.
According to reports from 9to5Mac, Apple CEO Tim Cook and SVP of Internet Software and Services Eddy Cue visited the campus site last Thursday to check on the project’s construction. Several sources close to the project claim the new Austin campus is now fully operational, which would make sense given all of the Apple job postings popping up on various Austin websites.
“To put it in perspective, prior to the Apple announcement, the largest single job creation from one project was 1,000,” says Brian Gildea, Austin’s economic development manager.
In exchange for bringing thousands of new jobs to Austin, Apple, Inc. was given more than $30 million in tax incentives.
It’s important to note that while Apple’s new Austin campus is technically operational, the company has bigger plans in place for it. They plan to continue building and adding new branches to the campus, with a projected “end date” of 2021. When the campus is fully complete, it will comprise over 1 million square feet and employ around 3,600 employees.
Apple has also expressed interest in expanding its European headquarters in Ireland. If the company proceeds with construction overseas, it would bring approximately 500 new jobs to the region.
Apple has been in the news a fair amount lately, with the company confirming a $3 billion acquisition of Beats Music & Electronics by the famous hip-hop star Dr. Dre. There was initially some doubt on whether or not the deal would go through, but Apple confirmed the acquisition last month. Of course, it only makes sense for Apple to pick up Beats, as it offers a popular streaming music service – something that Apple has yet to succeed in.
Comments Off on Apple’s New Austin Campus Will Create Thousands of New Jobs
