Facebook’s parent company Meta signs lease for Austin’s tallest building
Meta has leased 589,000 square feet over 33 floors at the skyscraper, the largest lease ever in downtown Austin.
AUSTIN, Texas – Editor’s Note: The accompanying video is a report of Facebook’s expansion in Austin in 2019.
Austin’s future tallest building has a new tenant – Meta Platforms, the California-based parent company of Facebook.
According to an Austin Business Journal report, Meta has leased the entire commercial half of the building on West Sixth and Guadalupe streets, a 66-story tower that is currently under construction. The developers say the building will be 840 feet tall when completed. It will also include 349 residential units, from the 34th to the 66th floor.
The ABJ said Meta signed a lease on Dec. 31 for 589,000 square feet on 33 floors of the skyscraper.
“We first arrived in Austin over 10 years ago with just seven employees, now over 2,000 of us are proud to call Austin home. We are very attached to Austin and look forward to growing here together, ”Katherine Shapley, Meta’s Austin office manager and VP of Business Client Success, told ABJ.
Meta is already looking to hire around 400 people in the Austin area, a number that could increase dramatically as the business expands in the area.
The lease is the largest ever in downtown Austin and larger than the entire Frost Bank Tower in terms of square footage.
Currently, the tallest building in Austin is The Independent, which has been called “The Jenga Tower” by locals. He is approximately 685 feet tall.
To read the full ABJ report, click here.
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