AUSTIN (KXAN) — Apple announced Wednesday it will build a $1 billion campus in north Austin. The new facility will be less than a mile from its existing campus on Parmer Lane.

The new 133-acre campus will be constructed on the Robinson Ranch property and will accommodate 5,000 employees with the capacity to grow to 15,000.

Site preparation of the new campus is expected to begin next year and the tech giant projects that the first building of the new campus will be open for business in 30 to 36 months, according to Apple’s Vice President of Global Real Estate, Kristina Rapse.

The new campus will include 50 acres of preserved open land and will be powered completely with renewable energy, Rapse said at a press conference Thursday. 

“This project does so much,” said Gov. Greg Abbott at the press conference. “This truly elevates Austin as one of the premier technology hubs in the world.” 

Once this campus is built, Apple expects to become Austin’s largest private employer.

Top Private Employers in Austin
  1. Apple
  2. H-E-B
  3. Dell Technologies
  4. St. David’s Health Care
  5. Ascension Seton
  6. Walmart

“Apple is proud to bring new investment, jobs and opportunity to cities across the United States and to significantly deepen our quarter-century partnership with the city and people of Austin,” said Tim Cook, Apple’s CEO in a press release. “Talent, creativity and tomorrow’s breakthrough ideas aren’t limited by region or zip code, and, with this new expansion, we’re redoubling our commitment to cultivating the high-tech sector and workforce nationwide.”

“Apple is among the world’s most innovative companies and an avid creator of jobs in Texas and across the country,” said Texas Governor Greg Abbott in the press release. “Their decision to expand operations in our state is a testament to the high-quality workforce and unmatched economic environment that Texas offers.”

According to Apple, jobs created at the new campus will include a broad range of functions like engineering, R&D, operations, finance, sales and customer support. The company already employs 6,200 people in Austin.

“Apple is truly a part of our Texas family,” said Williamson County Director of Administration Rebecca Clemons in the press release. “Apple’s vision on innovation, quality, and simplicity align with the values here in Williamson County.”