New Apple Center in Texas
Apple has announced the construction of a $ 1 billion campus in Austin, Texas. It is estimated that 5,000 jobs will be created under the new structure, which could give the company a $ 25 million benefit for job creation.
The novelty is part of Apple’s investment plan, worth an estimated $ 30 billion. The new space is expected to be 280,000 m² and will be about a mile away from another Apple office built five years ago.
Even before the expansion, Austin is already the largest core of the company outside the Silicon Valley, with more than 6,000 employees. The increase in the price of rentals in Silicon Valley is just one of the motivations for technology companies like Apple and Google to invest in offices in other regions of the country. Smaller offices of the iPhone creator will be developed over the next three years in Seattle, San Diego, and Culver City, California. Each of them should employ about one thousand employees