Apple’s New Austin Campus To Pressure City’s Already Booming Real Estate Landscape

Apple Inc.’s plan to expand its presence in Austin, Texas, with a $1 billion new campus is a good and a bad thing, depending on who you talk to. Apple’s newest Austin campus will be located less than a mile from its existing facilities in the northwest part of the Texas capital. The 133-acre site will initially accommodate 5,000 additional employees, with the capacity to grow to 15,000, and is expected to make Apple the largest private employer in Austin, per the company’s official statement. Click to read more at www.forbes.com .