A year after announcing a $1 billion investment in a new corporate campus in Austin, Texas, North Carolina-based Raleigh TV station WRAL has shared new details about north Carolina’s Raleigh attempt to attract the company to build the new campus in the area,media reported.
Apple Austin Park EffectS
While Apple is not as open lying to the competition as Amazon, it is open to plans to build the company’s new campus and announced its intentions in January 2018. At the time, some urban land had become a big hit in Apple’s new campus, but by May 2018, sources said, a “deal” was almost certain, meaning the new campus would be located near Raleigh, North Carolina (RTP). It will be used to accommodate up to 1,000 people in temporary locations for office workers near Cary.
A few months later, however, Apple did not make an official announcement and eventually revealed that the campus would be built in Austin. In response, many wondered what appeared to be a problem in the final stages of negotiations between Apple and North Carolina.
But even after the Austin announcement, there have been some strange advances in North Carolina, suggesting that Apple may have other plans in the region. Most notably, in December 2018, just weeks after the Austin project was announced, a mysterious company called Acute Investments bought several plots of land for the RTP project, covering a total area of about 280 acres, a massive investment that made no public statements. Acute Investments, listed on the estate contract, is represented by Bruce Thompson, a local lawyer who is a lobbyist for companies such as Apple.
As a result, Apple has long been suspected of being a mystery buyer of RTP, and today’s report from WRAL shows that North Carolina Commerce Secretary Tony Copeland has finally confirmed that the land is indeed controlled by Apple.
North Carolina, however, continues to refuse to release any information about its negotiations with Apple over the new campus, saying the project remains open.
Given that the austin new campus has been announced, it’s hard to figure out apple’s plans in North Carolina. It is not clear whether it intends to build another major park in the near future or use it as a back-up plan. But given Apple’s demand for office space, it wouldn’t be surprising if the company seeks to expand again in the near future.