The City of Austin has been attracting attention from all over the world in recent years, thanks to its thriving tech scene. A growing number of tech companies are making the move to Austin by relocating their headquarters or expanding their operations to the area.
Rightfully nicknamed after Silicon Valley, Austin, Texas earned the nickname Silicon Hills for its thriving tech scene. It is now home to several major tech and automotive giants including Google, Apple, Meta, Tesla, and Oracle. These are just a few names that make Austin a hotbed of innovation.
Relocating to a new city can be a daunting project. Whether you’re eyeing to work for a tech company or thinking about making the move to Austin from California, New York, Illinois or anywhere for employment, you’re not alone.
The city has become a hub for the tech industry, and it’s not hard to see why. With its beautiful scenery, business-friendly environment, and laid-back culture, Austin ranked #1 for the Best U.S. Job Markets for 2022 based on a recent report by The Wall Street Journal.
Are you thinking or relocation to the Austin Metro area? Meet Sean Tipps - Local Austin Realtor, Investor, and all around good guy. Let him show you around.
Austin, Texas is a hotspot for new businesses and large companies that are looking to expand their operations. The city has seen an increase in the number of jobs, wages are higher than the national average, and it is one of the fastest-growing cities nationwide.
This growth has attracted big names like Google, Apple, Tesla, Oracle, and others who have relocated or expanded in recent years. Industries such as technology and healthcare have been booming in Austin and Texas could offer a lot of potential opportunities for these industries.
"Project Evergreen" has a minimum qualified investment of at least $80 billion and a pledge of at least 80 jobs. The job total would likely be higher if the company proceeds with the project.
In 2022, Apple is expanding its current campus to include 640,000 sqft of new office space estimated to a total of $279 million. The new buildings are expected to be completed by February 2025.
Space Exploration Technologies Corp plans to build 521K square feet in Bastrop County. The project has an estimated cost of $43 million and is expected to begin its construction by October 2022 and be completed in June 2023.
BAE Systems is nearing completion of its $150 million, 390,000 sqft facility in North Austin. It's said that the aerospace and defense contractor plans to strengthen its Central Texas roots and add hire more people in the upcoming years.
Valex Corporation is expanding its operations in Georgetown, Round Rock which will be creating 300 jobs.
Silicon Valley-based solar roofing company, GAF Energy plans to open a 450,000 square foot manufacturing, office, research, and development facility in Georgetown to be completed in 2023.
California-based gluten-free dough manufacturer will be opening their new facility at a leased 117,000 sqft facility in Kyle, TX.
If successful, Flex has pledged to invest $20 million in capital expenditures and hire additional 200 employees in Austin. Flex is an electronics manufacturing services provider of the top global manufacturers of medical devices.
The expansion will add 200,000 sqft to its Austin factory due to the huge increase in demand for their container-based structures. Falcon plans to complete the expansion by mid-summer 2022.
The company announced that it had raised $250 million series D funding round to fund construction of 300,000 sqft manufacturing facility in Georgetown with plans to open in mid-2022.
Oregon-based home improvement company, DaBella Exteriors purchased the mid-rise at 400 East Anderson Lane. The Anderson Tower is a six-floor building with 75,000 square feet of office space.
We pride ourselves on our personalized approach, understanding that each client has unique needs and dreams. Our expertise, local knowledge, and network are at your disposal to ensure a smooth and successful real estate experience. Reach out to start a conversation.