Apple purchases property for site of new facility

Apple Inc. completed the purchase June 21 of 38 acres in Northwest Austin where the company intends to build a 1 million-square-foot operations center.

The sale does not indicate how much Apple paid for the three tracts of land located off of Parmer Lane at Delcour Drive, adjacent to its existing facility at 12545 Riata Vista Circle. The land is currently valued at $7.4 million, according to Travis Central Appraisal District records.

Apple, which has headquarters in Cupertino, Calif., plans to open the $282.5 million operations facility and hire more than 3,600 employees. On May 1, Travis County commissioners approved a contract outlining a tax incentive for the company for meeting certain requirements. Apple will receive a 60 percent base rebate on property taxes for the first 10 years and then a 40 percent rebate in the last five years of the agreement. The total incentives Apple could receive are between $5.4 million and $6.4 million during the 15-year period.

The City of Austin approved its tax incentive agreement March 22 for $8.6 million, and Apple is eligible to receive a $21 million state investment over 10 years from the Texas Enterprise Fund, which is used to attract businesses to the state.

Riata Vista LP owned the three plots at Delcour Drive and Parmer Lane, according to Travis County records. Riata Vista LP is an entity of Rosemont, Ill.–based McShane Corp., which comprises four companies that focus on development, construction and health care solutions. The corporation is headed by James McShane.

McShane Development Co. has an office located at 816 Congress Ave., Ste. 1680, in Austin.

In February 2007, McShane Corp. partnered with MetLife Real Estate Investments to purchase the 38 acres from Sun Microsystems Inc., now owned by Oracle, according to a news release dated September 2008.

Representatives from McShane and Apple did not respond to requests for comment.

By Amy Denney

Managing Editor, Austin metro

Amy has worked for Community Impact Newspaper since September 2010, serving as reporter and later senior editor for the Northwest Austin edition as well as covering transportation in the Austin metro. She is now managing editor for the 10 publications in the Central Texas area from Georgetown to New Braunfels.


Trustee Lynn Boswell speaks at an Oct. 14 information session of the Austin ISD board of trustees. (Maggie Quinlan/Community Impact Newspaper)
Austin ISD seeks firm to help redistricting process

As districts within AISD are redrawn, the board of trustees will get legal assistance from a firm it has not yet chosen.

The amended version of the planned development unit will now go to the Austin Planning Commission for review. (Rendering courtesy Austin Environmental Commission)
CI NATION ROUNDUP: Austin commission OKs development plan near Lady Bird Lake; shopping center coming to Porter and more top news

Take a look at the top five trending stories across all of Community Impact Newspaper’s coverage areas as of Oct. 15.

Kyle Center Street Trick-or-Treat will be held Oct. 23. (Courtesy city of Kyle)
20 fall activities to do across Central Texas; Grand Donuts coming to Georgetown and more top area news

Read the top business and community news from the past week from the Central Texas area.

Early voting starts Oct. 18. (Courtesy Adobe Stock)
Travis County early voting begins Oct. 18

There are 27 polling locations throughout the county.

The Smoking Joint is now open under the umbrella of Click Click Chew virtual food hall in Cypress. (Courtesy Kirsten Gilliam)
CI NATION ROUNDUP: More restaurant, retail space could be coming to north Frisco development; Locatelli’s owners launch virtual food hall in Cypress, and more top news

Take a look at the top five trending stories across all of Community Impact Newspaper’s coverage areas as of Oct. 14.

North Austin YMCA Community Garden
North Austin YMCA Community Garden receives beautification, maintenance work

Work at the community garden included replacing raised garden beds and planting new fruit trees.

Photo of a child receiving a shot
Austin Public Health prepares for possible expansion of COVID-19 vaccine to younger kids

The Food and Drug Administration is scheduled to consider authorizing Pfizer's vaccine for use in children ages 5-11 later this month.

CTX Beer Garden at Celis Brewery
Belgian beer specialist Celis Brewery expands with new North Austin taproom

The brewery is opening a new outdoor beer garden with a stage for live music and a taproom with more than 20 draught taps.

A rendering is shown of a flexible space inside Panther Creek High School, which includes learning stairs and a collaboration board. The school's attendance zones are drawn to pull from Lone Star and Memorial high schools. (Courtesy Corgan)
CI NATION ROUNDUP: Frisco ISD proposes attendance zone modifications; concerns are voiced over Grogan's Mill Village Center vacancies, plus more top stories

Take a look at the top five trending stories across all of Community Impact Newspaper’s coverage areas as of Oct. 13.

City Council heard the results of Austin's first-ever quality of life report for the city's LGBTQ community Oct. 12. (Ben Thompson/Community Impact Newspaper)
Study: Safety, health, housing remain top concerns of Austin's 'vibrant' LGBTQ community

City Council heard a briefing on the first-ever quality-of-life survey of the Austin-area LGBTQ community Oct. 12.

Grand Donuts is opening soon in Georgetown. (Brittany Andes/Community Impact Newspaper)
Grand Donuts coming to Georgetown; new businesses open in Central Austin and more area news

Read the latest business and community news from the Central Texas area.