For Immediate Release
Explosive Tech Growth in Austin Precipitates Work Travel
Austin, TX/ July 31st, 2019 – Last year saw tech giant Apple announce their plans to build a $1 billion corporate campus, which is slated to open in 2021 in Austin, TX. They have recently announced their intentions to lease even more space in Austin for a new facility which will be less than a mile from the first.
This vote of confidence from Apple in the already bustling Austin tech bubble will undoubtedly promote the influx of other companies big and small to build satellite campuses in Austin. If that was not enough, Google has also leased out all 35 floors of a new downtown Austin office which is still under construction.
Marketwatch author and MIT lecturer, Lou Shipley, discusses his doubts on Silicon Valley’s ability to hold tech jobs going forward in the future. This is mostly due to the exorbitant prices in Silicon Valley, many companies are seeking to build satellite campuses in popular tech centers such as Austin. These mass expansions will almost certainly fuel a greater occurrence of job relocations between campuses for C-suite professionals in the tech sector.
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