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What Apple’s new campus means for Wake County

Photo courtesy of Apple

Updated: April 29 | Apple announced a new campus and engineering hub will be built in the Research Triangle Park in Wake County.

Here’s what we know so far:

The campus will include 3,000 new jobs. Those jobs will be in the fields of machine learning, AI, software engineering and more, according to Apple’s release. These will be high-paying jobs, an average salary of $187,000, according to Wake County.

Schools and community initiatives will benefit from a $100 million fund by Apple for the Raleigh and Durham metro areas.

Apple received incentives from the state, with tax reimbursements of up to $846 million over 39 years. Apple will in turn contribute $110 million to a utility and infrastructure fund for bridges and rural broadband in 80 counties “with the most need,” Governor Roy Cooper said in a Monday press conference.

The campus will run off 100% renewable energy, like all of its campuses.

The scale: In terms of size, the campus will be 1 million square feet. In terms of impact, the new campus was called “historic” and “transformational” in a joint statement from the county and local leaders.

State Sen. Dan Blue compared it to IBM’s transformation our area in the 1960s. The lawmaker, who represents Wake County, also described it as a “ripple effect.”

The exact location: Previously we pointed to WRAL report that the location could be between Louis Stephens Drive and Davis Drive, on both sides of 540. Wake County officials confirmed that location on April 29, with a map to a property owned by Acute Investments, LLC:

The location is near Cisco and Parkside Town Commons in unincorporated county land near both Cary and Morrisville.

READ MORE: Raleigh’s Community Climate Action Plan, a primer

For context: The Wake County campus is the top announcement in the Apple release that also includes adding employees to existing California sites, constructing its Austin, Texas, campus, and adding a smaller number of employees in Boston, Seattle and Boulder.

Other tech companies based in Wake County include IBM, Red Hat, Lenovo, SAS, Bandwidth, Citrix and Epic Games.

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Author: raleighconvergence

Sarah Day Owen Wiskirchen is the editor of Raleigh Convergence.

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