Plans have been in the works for quite some time for the new Apple campus in Austin, TX but work will begin very soon. The price tag is a whopping $1 billion. It will be located near their Mac Pro facility and will become the second largest concentration of Apple workers in the U.S. The contracting company for this project has not been named yet.
Huge new Apple campus
This will be a 3-million-square-foot development where over 5,000 employees will eventually work. The facility is scheduled to be completed by 2022. The 133-acre campus will be powered, in large part, by solar energy. It will also include 60 acres of green space with a 50-acre nature preserve.
Apple is committed to reducing carbon emissions and moving toward renewable energy sources in order to improve conditions on planet earth.
The new Apple facility will produce Apple’s top-of-the-line computers, among other products and will eventually be able to employ 15,000 workers.
The choice to make Austin, TX home for this new Apple facility came easy to the tech giant. This area of south Texas is already home to giants like Google, Facebook, and Oracle. It is often chosen because the weather year-round is pretty good and the area has lots of lakes and rivers. Austin is also well-known for its live music venues and its eclectic lifestyle.
Young demographic with lots of college grads
The city boasts a young demographic that averages about 33 years old. There are a number of good colleges in Texas. The University of Texas and SMU are both highly rated advanced learning institutions that should produce a number of well-educated young adults to fill the thousands of jobs required by Apple.
Once this facility is completed, Apple will become the largest private employer in the state. Texas governor, Greg Abbott commented, saying, “Apple is among the world’s most innovative companies and an avid creator of jobs in Texas and across the country. Their decision to expand operations in our state is a testament to the high-quality workforce and unmatched economic environment that Texas offers. This project does so much. This truly elevates Austin as one of the premier technology hubs in the world.”
According to sources, Apple will invest $350 billion in the United States economy over the next five years. They have plans to build new data centers, along with various other projects.
The new Apple campus is part of the company’s ongoing effort to invest $30 billion over the next five years in the U.S. economy.
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