Meta, Facebook’s parent company, signed a lease Dec. 31 to occupy 33 floors of a new tower under construction at West Sixth Street and Guadalupe Street, according to a company spokesperson. The company is targeting early 2024 to begin occupying the estimated 589,000 square feet of commercial office space.

The company has 400 open positions in Austin in a range of roles, the company spokesperson added.

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

According to the Sixth and Guadalupe website, the building will have 66 floors total. Floors 34 through 66 are planned to be for the 349 residential units. Floors 14 through 32 will be the office tower, and floors 2 through 12 will serve as the garage. Floor 1 will be the lobby and the website does not provide details for floor 33.