As reported in the Austin American Statesman Charles Schwab will be expanding its Austin presence by an additional 470,000 square feet of office space (that’s almost eleven acres) to house hundreds of new hires. Schwab already has 1,900 employees in Austin. The expansion will be the creation and enhancement of digital products for their customer base and in all fairness they are also expanding these services in San Francisco. Austin was chosen because of the talent pool available to meet their needs. The location for this facility will be near the Domain, a high end retail, dining, and condo area in north Austin.
This good news is just another good reason why owning Austin area residential real estate is a great idea.
Rick Ebert / Austin, Texas / 4 May 19
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