“Apple Inc. is one step closer to making good on its plans to bring 3,600 new jobs and invest more than $300 million in Austin,” Jan Buchholz reports for The Austin Business Journal.
“Records at the Travis County Clerk’s Office show that McShane Development Co. LLC, through its Riata Vista LP entity, sold three tracts of land to Apple on June 21. The exhibits indicate that the land is in the Milwood Section 20 subdivision near Parmer Lane and Delcour Drive,” Buchholz reports. “It’s unknown how much Apple paid for the land or how many acres it bought, but officials at two real estate brokerages, which did not want to be identified, confirmed that the long awaited deal had closed.”
Buchholz reports, “The Austin Business Journal previously reported that Apple planned to expand its current campus in Northwest Austin by 1 million square feet on 38.8 acres of land… Apple has secured about $37 million in incentives from local and state governments.”
Read more in the full article here.
[Thanks to MacDailyNews readers too numerous to mention individually for the heads up.]
Travis County approves tax incentives for Apple’s Austin campus expansion – May 2, 2012
Austin city council unanimously approves $8.6 million dollars in incentives for Apple Inc. – March 23, 2012
Texas Governor Rick Perry announces Apple to invest $304 million, create 3,600 new jobs in Austin – March 9, 2012