Recon, a publication of the Texas Real Estate Center reports this week that California based Apple, Inc. has developed 38 acres on West Parmer Lane into its second largest operation in the world. This site will be Apple’s basis of operation for the entire Western Hemisphere and will be a bit large – like over 1 million square feet. Considering that there are 43,560 sf in an acre, well you do the math – it’s Texas sized! Apple will create 3,600 new jobs to fill the space and retain the 3,100 already in place. There are lots of towns that don’t have that many people. I suppose that with this many folks in one place that Apple could qualify for its own zip code and post office!
Just more reasons why owning Austin area residential real estate is a sound idea.