Apple Buys Land for Austin Operations Center
Computing giant Apple has acquired land to house its Americas Operations Center.
The Austin Business Journal reports Apple purchased three plots of land in Northwest Austin late last month:
Records at the Travis County Clerk’s Office show that McShane Development Co. LLC, through its Riata Vista LP entity, sold three tracts of land to Apple on June 21. The exhibits indicate that the land is in the Milwood Section 20 subdivision near Parmer Lane and Delcour Drive.
Apple’s opening of an operations center in Texas was assisted by numerous grants and tax abatements: a $21 million grant from the state, via Governor Rick Perry’s Texas Enterprise Fund; approximately $8.6 million in abatements from the City of Austin, and approximately $6.4 million from the county.
Apple's expansion would include a pair of four-story office buildings, each with 140,816 square feet, according to a notice the city is sending out to local minority subcontractors to outline opportunities to participate in the project. Cadence McShane Construction, a McShane Development affiliate that will be the general contractor on the project, and the city's Small and Minority Business Resources Department will host a meeting next week for minority subcontractors.
As KUT News previously reported, Apple is required to invest $305.5 million in campus construction and goods over the 10-year span of its agreement with the city, plus other provisions.
You can read more about the city’s agreement with Apple here.