Facebook’s Meta expands in Texas with main office rental

Facebook's Meta expands in Texas with main office rental

“We first came to Austin over 10 years ago with just 7 employees, now over 2,000 of us are proud to call Austin home,” Katherine Shappley, the head of Meta’s Austin office, said in a statement. “We’re committed to Austin and look forward to growing here together.”

Facebook parent Meta Platforms Inc. is going greater in Texas. The organization has rented half of what will be Austin’s tallest high rise, making the social media giant the furthest down the line significant business to extend in the state. Meta is renting 589,000 square feet across 33 floors, a representative said Sunday, affirming a previous report from the Austin Business Journal. It will account the whole commercial half of a 66-story tower under construction in the heart of Austin’s downtown area. The tower known as Sixth and Guadalupe is planned to open in 2023.

Meta is seeking to hire 400 more people in the area, and will have the capacity along with other space in the region for many more, the company said.

Texas has been on an economic tear as businesses seek to expand into lower-cost locales amid a broader shift to remote work that accelerated with the global pandemic.

Samsung Electronics Co announced a massive new chip plant for Taylor, Texas, in Austin’s north-eastern suburban fringe, in November. A month earlier, Elon Musk’s Tesla said it would move its headquarters to Austin from Palo Alto, California. Oracle transferred its main office from Silicon Valley to Austin in 2020.

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