Meta rents 33 floors in Austin’s future tallest skyscraper
- Facebook’s parent company, Meta, will lease 589,000 square feet of office space in Austin, Texas.
- Austin Business Journal has indicated that the leased space will be in the tallest building in town.
- The 66-story skyscraper is still under construction and is expected to be completed in 2023.
Facebook’s parent company, Meta, has signed an agreement to acquire a huge amount of additional office space in Austin, Texas.
Austin Business Journal recently announced that the company will lease the entire commercial section of Sixth and Guadalupe, a 66-story tower that is still under construction.
The building is slated to be the tallest in the city and is slated for completion in 2023.
The deal, which took place on Dec. 31, according to the outlet, appears to be the city’s second-largest single office lease. Meta will lease 589,000 square feet of office space across 33 floors of the property, he added.
Meta did not immediately respond to Insider’s request for comment.
Katherine Shapley, Meta’s Austin bureau chief and vice president for Business Client Success, told the Austin Business Journal: âWe came to Austin over 10 years ago with just seven employees, now more. 2,000 of us are proud to call Austin home. are committed to Austin and we look forward to growing here together. ”
Last December, Meta joined other big tech companies, including Google and Lyft, in delaying mandatory returns to the office, amid the rise of the Omicron variant.
The company still planned to move forward with reopening its offices on Jan.31, although it said that would give staff more flexibility on how they worked. As part of this move, workers would have the option of delaying their return for three to five months.