Apple to Build $1 Billion Campus in Austin

Recently, Apple had announced that it would be adding 20,000 new jobs to the United States economy in the coming five years, but did not reveal much specifics about the same. Things are becoming clear as the tech giant announced that it would be building a new campus in Austin, Texas, by spending a whopping amount of $1 Billion. This would be the second Apple campus to be set up in Austin.

The current Apple campus in Austin is home to 6,200 employees as of now. As the company adds this newer campus to the city, Apple would become the largest employer at Austin, with the number of jobs expected to rise in the long run. According to the statement made by the company, the campus will be quite near the existing campus and will have a total area of 133 acres.

It also means that the city of Austin will have the identity of Apple merged to its. The move from Apple isn’t targeting Austin, alone, though. The company is expected to set up campuses in a variety of locations as the firm is trying to fulfill the commitment of adding 20,000 American jobs by the end of 2023. Apple says it is ready to invest $30 Billion in the US facilities alone.

Seattle, San Diego, and Culver City are some of the cities that are expected to welcome Apple campuses in the coming three years. In addition to this, the tech giant is increasing the number of positions in the existing campuses like New York, Boston, Pittsburgh, and Portland. The company also adds that the Miami campus is expected to double in size in the coming months.

As of now, 90,000 US residents are working for Apple across the country. In 2018 alone, the company added 6,000 jobs to the economy — a number that the tech giant aims to boost.