Apple to Begin Second Phase of Construction on Parmer Lane Campus Next Month

Austin Real Estate News

Smart Austin Realty Group

January 16, 2023

Smart Austin Realty Group is excited to share that Apple will begin the second phase of construction on their Parmer Lane campus next month. The new building, called Capstone Phase Two AC09, will feature four stories and span 203,941 square feet, with an estimated cost of $120 million. It is scheduled to be completed by the end of March 2025. Additionally, Apple has also filed plans for a five-story, 368,726-square-foot facility to be developed during the same time frame. This will cost approximately $100 million. HKS Architects have been selected to design the buildings.

When all three phases of the campus are completed, it will span three million square feet and have the capacity to house up to 15,000 employees. It will feature a variety of functions, including engineering, research and development, operations, finance, sales, and customer support.

Austin-Round Rock is home to a growing number of office buildings. Stay tuned to Smart Austin Realty Group for more updates on the office news for the area.

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