Apple Campus in the RTP

[KJHburg]

This is such a transformative project for the entire region it deserves it own thread.  For upcoming renderings of the campus, for temporary office space and any other news related to this new campus.  

First some general articles 

Triangle HBCUs, community leaders expect Apple to live up to its diversity pledge | WRAL TechWire  Did you know that NC A&T over in Greensboro is one of the largest producer of African American engineering graduates?

Great news for local college graduates from all the Triangle universities 

$1B Apple campus is good news for college students, job seekers, says Meredith professor | WRAL TechWire

Apple CEO Tim Cook highlights NC expansion as tech giant smashes earnings - Triangle Business Journal (bizjournals.com)    

""In the Cupertino, California-based company’s earnings call held Wednesday after markets closed, CEO Tim Cook pointed to the North Carolina project in his opening remarks.  “Over the next five years, we will invest $430 billion, creating 20,000 jobs,” he said. “In the process, the investments will support American innovation … including a New North Carolina campus.”  “We will never under-invest in our business,” CFO Luca Maestri said. “You will continue to see that fact. We will continue to grow our operating expenses, particularly on the R&D side, which continues to be the heart of the company.”""

this is a great article on how long NC has been working on to win this Apple campus to NC

Apple rockets Raleigh, Durham's tech status in expansion with decades-long impact - Triangle Business Journal (bizjournals.com)

""A heavy cloud of rejection hung over North Carolina leaders on Jones Street back on Jan. 10, 2018.  The state had been overlooked, again, for an automobile assembly factory many thought was North Carolina’s to lose.   After months of negotiations and compromises, the Toyota-Mazda plant selected Alabama — despite a $1.5 billion incentives offer that then-Secretary of Commerce Tony Copeland referred to as “the largest package put forth in North Carolina in my memory.”   But another – much more secretive – development also happened that day. That’s the date officials signed nondisclosure agreements regarding what would be code-named Project Bear.   Fast forward to April 26 and that project was revealed to be California computer giant Apple (Nasdaq: AAPL), committing to bring 3,000 jobs to Research Triangle Park. ""

 

""But Heivly sees Apple’s presence as a net positive, pointing to their commitment in investing in education and infrastructure.  “This is going to create a hub for AI and machine learning here,” he said. Heivly sees more Robbie Allens – not fewer – leaving corporate America to create their own ventures. And with Apple’s presence in North Carolina, maybe they’ll be starting those ventures here.  “We don’t have these big tentpole companies where new startups fall out,” Heivly said. “This is huge. ... I’m not worried about competition.”   James Avery, CEO of Durham’s Kevel, said he’s not worried about not being able to recruit. But he understands Balfour’s concerns.""

“This is the East Coast presence that Apple has desperately needed over the years,” he said. “This is transformative to North Carolina, absolutely. ... It’s not just Apple. It’s the ancillary companies that are going to follow suit that are the real game-changers. ... With them coming there, there’s going to be a lot more announcements.”  And that’s what economic development officials are hoping. Haley said the pipeline in Wake County is particularly robust.  “There’s more coming,” he said.""

so when you hear news on this Apple campus lets collect it here so it is easily found.  

[KJHburg]

an article about Apple and Google's effects on the office market in the Triangle in the Triangle Biz Journal.

""Chris Chung, CEO of the Economic Development Partnership of North Carolina, said on Monday that his group was currently working on 178 total recruitment and expansion projects. If the state won all of them, that would mean more than 67,000 new jobs and more than $43 billion in new investment.  Officials expect the Apple (Nasdaq: AAPL) project in Research Triangle Park to lead to more interest by ancillary firms. As the announcement was breaking on April 26, Chung said his team was already sending its press release out to clients and site selection consultants, thinking success begets success.""

How Apple, Google could electrify office market in Raleigh, Durham - Triangle Business Journal (bizjournals.com)

and here is a little nugget about Google in Durham that is very interesting:

""The same goes for Google's plans for an engineering hub in Durham that could reach 1,000 jobs. The company is said to be looking for at least 100,000 square feet of space to start with, but it will eventually need much more, according to emails from Durham Mayor Steve Schewel that were provided to TBJ through a public records request.""

 

[SydneyCarton]

I can see the Triangle getting the lion's share of Apple jobs over time.  It’s WAY cheaper than any other location where Apple has a large workforce, and it has far less traffic.

I LOVE SF, but Cupertino is 50 miles from SF, and is ABSURDLY expensive.

I’ll take Raleigh over Cupertino any day.

Edited May 6, 2021 by SydneyCarton

[KJHburg]

That is one reason I think this Apple campus will attract some of the best graduates from the east coast and experienced professionals from all over.  If you make $200K a year you can barely own  a single family home in Silicon Valley where you can have quite a place in the Triangle.  and many East Coast born applicants will want to live on the east coast closer to their family and friends than move all the way to California and live in a shoe box only to say I work in the Apple round building.  

 

Edited May 6, 2021 by KJHburg

[RALNATIVE]

4 hours ago, KJHburg said:

That is one reason I think this Apple campus will attract some of the best graduates from the east coast and experienced professionals from all over.  If you make $200K a year you can barely home a single family home in Silicon Valley where you can have quite a place in the Triangle.  and many East Coast born applicants will want to live on the east coast closer to their family and friends than move all the way to California and live in a shoe box only to say I work in the Apple round building.  

 

Furthermore, there is currently a mass exodus from CA, for a number of reasons. People are leaving and going to states like TX, FL, and NC in droves. I'm one of them...

The corporations are following the trend.

[Richhamleigh, DC]

19 hours ago, SydneyCarton said:

I can see the Triangle getting the lion's share of Apple jobs over time.  It’s WAY cheaper than any other location where Apple has a large workforce, and it has far less traffic.

I LOVE SF, but Cupertino is 50 miles from SF, and is ABSURDLY expensive.

I’ll take Raleigh over Cupertino any day.

To be fair, the first picture from Raleigh isn't a house. It's the Wakefield Plantation Clubhouse -- but it doesn't make your point invalid.  

[RALNATIVE]

4 minutes ago, Phillydog said:

To be fair, the first picture from Raleigh isn't a house. It's the Wakefield Plantation Clubhouse -- but it doesn't make your point invalid.  

I wonder why they aren't showing the actual house for sale for $975K in that picture. Unless i'm buying the clubhouse, it shouldn't be in the picture.

[SydneyCarton]

If I had $2.6m to spend on a house, I'd rather spend it in the Triangle than in Silicon Valley.

https://www.realtor.com/realestateandhomes-detail/302-Annandale-Dr_Cary_NC_27511_M59797-13319

 

https://www.realtor.com/realestateandhomes-detail/22650-San-Juan-Rd_Cupertino_CA_95014_M27180-41456

 

Edited May 7, 2021 by SydneyCarton

[KJHburg]

Big Apple News yet again!  From the Triangle Biz Journal

""As Apple gears up for the development of a massive East Coast HQ campus, multiple sources say the West Coast tech giant has narrowed its search to a Triangle office building to lease while planning and development is underway on its future campus.  Sources say Apple (Nasdaq: AAPL) is focusing on the more than 200,000-square-foot MetLife Building 3 in Cary to lease space for incoming workers while the future campus in Research Triangle Park is under development.  Sources say Apple wants to move fast in starting operations in the Triangle and could hire as many as 1,000 workers within a short time. The company has pledged at least 3,000 jobs at its RTP campus.  Built in 2019, the office property is at 301 MetLife Way in Cary and features a total of 222,950 square feet of Class A office space. The entire building is being marketed for sublease. ""

This is very interesting as Apple back a couple of years when they were flirting with the same property then went to Austin was looking a building literally next door in Cary on Weston Pkwy which is now mostly leased.

Apple eyes big office building in Cary to lease as RTP campus is developed - Triangle Business Journal (bizjournals.com)

 

 

[KJHburg]

My thoughts on the Apple campus in RTP I think it will be mid rise buildings 5-7 stories with structured parking decks.  It is interesting they are looking at the Metlife building on the lake and their property has a lake.  Also when they flirted with RTP a few years back they were looking at the 11000 Weston Pkwy building next door also on the lake.  That building is now occupied by Xerox mostly.   I also think 3000 employees is just the start and I think it will grow much bigger just like the Austin campus.  If you are an east coast college grad or native anyway from Maine to Florida I am betting you would like to work at this campus than an Austin or California location for lots of reason.  

[RALNATIVE]

3 hours ago, KJHburg said:

My thoughts on the Apple campus in RTP I think it will be mid rise buildings 5-7 stories with structured parking decks.  It is interesting they are looking at the Metlife building on the lake and their property has a lake.  Also when they flirted with RTP a few years back they were looking at the 11000 Weston Pkwy building next door also on the lake.  That building is now occupied by Xerox mostly.   I also think 3000 employees is just the start and I think it will grow much bigger just like the Austin campus.  If you are an east coast college grad or native anyway from Maine to Florida I am betting you would like to work at this campus than an Austin or California location for lots of reason.  

I'd say lower taxes (than CA), lower cost of living, and more money are good incentives.

[KJHburg]

WRAL Techwire is throwing cold water on the thought that Apple is looking for space.  I do believe they are in some fashion it is hard to onboard new employees all remotely.  

But I guess we will see.

Apple already looking to hire in Triangle – but is office space needed now? Recruiters wonder | WRAL TechWire

[Richhamleigh, DC]

From Forbes...

https://www.forbes.com/sites/korihale/2021/05/06/apples-1-billion-north-carolina-building-could-spur-corporate-diversity/?sh=5e7d657d4073

[KJHburg]

12 hours ago, Phillydog said:

From Forbes...

https://www.forbes.com/sites/korihale/2021/05/06/apples-1-billion-north-carolina-building-could-spur-corporate-diversity/?sh=5e7d657d4073

I agree with this 100%  and Apple has said it would recruit heavily from NC schools such as NC A&T which produces more black engineering grads than any other university in the country.  Plus nearby NC Central .  

drove by the Apple site today and lots of road improvements on Little Dr and Louis Stephens being done.  all the treed area photographed is Apple property. (except for last photo which shows plenty  of room under 540 for another 2 lanes of Little Drive which dead ends on Davis Dr. 

 

[rolly]

Uhhhhh black engineers graduate from more than just Historically Black colleges.   Like NC State.   The era of the HBUs should be ended so that all students can be educated together. 
I'm sure employers would prefer to recruit from diverse schools that are open to all instead of schools that segregate by race.

[KJHburg]

Story about Apple and how they will have a flex schedule with at least 3 days in the office and the soon to be campus in RTP.

As Apple plans RTP hub, CEO Tim Cook tells employees when and how they'll return to the office - Triangle Business Journal (bizjournals.com)

""According to Cook's email, which was viewed by The Verge, most employees will be asked to come in to the office on specific days –Mondays, Tuesdays and Thursdays. They will be given the option to work remotely on Wednesdays and Fridays. But if an employee is part of a team that has to work in-person, they will return to a four- or five-day workweek.  “For all that we’ve been able to achieve while many of us have been separated, the truth is that there has been something essential missing from this past year: each other,” Cook said in the email, per The Verge. “Video conference calling has narrowed the distance between us, to be sure, but there are things it simply cannot replicate.”  Cook also laid out a plan to allow workers to take two weeks a year to work remotely, as long as their supervisors agree. This move is intended to allow Apple employees to work in a different location or to spend more time with friends and family, according to Cook's email.""

[BullDurhamer]

bragging about the low cost of housing compared to nocal is hilarious considering apple coming here is going to destroy that notion forever. 

 

we beg companies to come take over our awesome communities while the cost and availability of housing is getting more and more out of reach.  yet we celebrate.  fools.  

with zero transportation plan other than build more roads and now the legislature looking to do away with corporate taxes altogether, i gotta tell you, the future looks horrible.

some rich folks are gonna love the triangle and most of the rest will feel the squeeze without much more.  the framing of this as some ginat boon for a region that isn't in need of a savior is a total joke.  duke, unc, and state aren't going anywhere.  the triangle will always be relevant. unfortunately it's about to get even more crowded and expensive without getting much else. 

[RALNATIVE]

11 hours ago, BullDurhamer said:

bragging about the low cost of housing compared to nocal is hilarious considering apple coming here is going to destroy that notion forever. 

 

we beg companies to come take over our awesome communities while the cost and availability of housing is getting more and more out of reach.  yet we celebrate.  fools.  

with zero transportation plan other than build more roads and now the legislature looking to do away with corporate taxes altogether, i gotta tell you, the future looks horrible.

some rich folks are gonna love the triangle and most of the rest will feel the squeeze without much more.  the framing of this as some ginat boon for a region that isn't in need of a savior is a total joke.  duke, unc, and state aren't going anywhere.  the triangle will always be relevant. unfortunately it's about to get even more crowded and expensive without getting much else. 

So what? We should say no to Apple, Google, and all the rest because we want to retain the perception that this is a low COL area? We should let all of those high paying jobs go to other states that would gladly accept them simply because a small percentage of people want to retain a low COL? We should stymie ourselves for future economic growth and good job  oppotunities for our children and grandchildren because we are afraid of being priced out when we already own our homes?

Who's the fool?

 

[RALNATIVE]

11 hours ago, BullDurhamer said:

bragging about the low cost of housing compared to nocal is hilarious considering apple coming here is going to destroy that notion forever. 

 

we beg companies to come take over our awesome communities while the cost and availability of housing is getting more and more out of reach.  yet we celebrate.  fools.  

with zero transportation plan other than build more roads and now the legislature looking to do away with corporate taxes altogether, i gotta tell you, the future looks horrible.

some rich folks are gonna love the triangle and most of the rest will feel the squeeze without much more.  the framing of this as some ginat boon for a region that isn't in need of a savior is a total joke.  duke, unc, and state aren't going anywhere.  the triangle will always be relevant. unfortunately it's about to get even more crowded and expensive without getting much else. 

This is exactly the type of thinking back in the day when Tobacco was God , Cotton was king, and Manufacturing  was supreme that led many southern states to fall way behind the north, and now find themselves struggling to transform their economies into a knowledge based economy so that they can get higher paying stable jobs.

We don't need to repeat the mistakes of the past.

 

 

12 hours ago, BullDurhamer said:

bragging about the low cost of housing compared to nocal is hilarious considering apple coming here is going to destroy that notion forever. 

 

we beg companies to come take over our awesome communities while the cost and availability of housing is getting more and more out of reach.  yet we celebrate.  fools.  

with zero transportation plan other than build more roads and now the legislature looking to do away with corporate taxes altogether, i gotta tell you, the future looks horrible.

some rich folks are gonna love the triangle and most of the rest will feel the squeeze without much more.  the framing of this as some ginat boon for a region that isn't in need of a savior is a total joke.  duke, unc, and state aren't going anywhere.  the triangle will always be relevant. unfortunately it's about to get even more crowded and expensive without getting much else. 

Not if people who think like you have their way.

[KJHburg]

I have news for some of you Triangle area housing prices have been a tear for the last 2 years upward WAY BEFORE any announcement by Google or Apple.   There are 27 counties in NC where the median price for a home is less than $130,000 however none of them are booming with jobs.  

[Gib]

https://www.wral.com/wake-leaders-reveal-more-about-apple-s-1-billion-investment-in-north-carolina/19721291/

WRAL has released some screenshots of what the Apple Campus will look like.  So far, it will incorporate both retail and residential in addition to the office space. Looks like there will be some density/ height to it as well.

 

**Edit: Now that I watched the presentation and took a closer look at the photos. I believe this is just more photos of HUB RTP, 3 miles to the north of where Apple bought land. 

Edited June 11, 2021 by Gib

[KJHburg]

Yes it was more the renderings of HUB RTP but this is very important amenity for the whole RTP.  First residential units inside the park with 550 units in the first phase by MAA apartments.  retail by White Point Partners of Charlotte and large office buildings by KDC out of Dallas.  The Boxyard is just a small part of this huge new downtown for RTP.   I would think many Apple employees will want to live there too. 

Triangle leaders gather to discuss recent economic development wins, future of RTP | WRAL TechWire

Edited June 11, 2021 by KJHburg

[KJHburg]

Interesting public records show the courtship of Apple.  At one point they looked at 400 acres of state owned lake south of I-40 and NC State Campus before deciding on the RTP track. 

Apple asked for a list of all the major tech employers in Raleigh Durham area and what their job roles were.  List of every datacenter in the state and the state had to scramble to provide that one.  

This project was called Project Bear and when they got interested back again in April 2021 they wanted the state to move fast and of course then it was announced.  Triangle Biz Journal is doing a series of articles on the pursuit of Apple.  

 

[dmccall]

On 6/10/2021 at 2:16 PM, KJHburg said:

I have news for some of you Triangle area housing prices have been a tear for the last 2 years upward WAY BEFORE any announcement by Google or Apple.   There are 27 counties in NC where the median price for a home is less than $130,000 however none of them are booming with jobs.  

That's right. It's IBM's fault!

[DanRNC]

"We want more high paying jobs!" High paying jobs come. "We don't want anymore high paying jobs!"