Nick Simonite
Plans to move ahead with the construction of Apple Inc.?s $300 million expansion in Austin are on the fast track, according to a Cadence McShane Construction executive.
Plans to move ahead with the construction of Apple Inc.?s $300 million expansion in Austin are on the fast track, according to a Cadence McShane Construction executive.
Srinath Pai Kasturi, vice president and general manager of Cadence McShane?s Austin office, confirmed that the Dallas-based firm was awarded the build-to-suit office complex that will be owned and occupied by Apple (NYSE: AAPL) in Northwest Austin. Cadence McShane is an affiliate of the McShane Cos. based in the Chicago area.
Construction could begin as soon as September or October, Kasturi said, ?but there are a lot of I?s to dot and T?s to cross before they say go.?
Last week the Austin Business Journal revealed that a related company, McShane Development Co. LLC, sold an estimated 40 acres of undeveloped land to Apple in late June. The parcels are located near Parmer Lane and Delcour Drive. Neither McShane Development nor Apple officials would comment about the transaction.
But Monday, Kasturi acknowledged that bids from subcontractors will be solicited in August for construction of the Apple expansion. He said the project is in design and the architect is an Austin company, though he declined to disclose which local firm secured the coveted project.
Small and minority businesses that want to get in on the action should plan to attend a networking session July 25 from 6 to 8 p.m. The event, sponsored by the city?s Small and Minority Business Resources department, will be held at Austin Water Utility Waller Creek Center, 625 E. 10th St., Room 104.
?The project includes the new construction of two 140,816-square-foot, four-story tiltwall office buildings with extensive curtain wall systems and pre-finished composite metal panel exterior along with finish masonry elements,? a flyer for the event states. ?Site work features concrete paving for surface parking, a detention pond with retaining walls and landscaping and hardscaping.?
Commercial and residential real estate, construction and architecture
Follow your favorites with My News
My News is a way to create a customized news feed based on companies and industries that matter to you.
Source: http://feeds.bizjournals.com/~r/vertical_40/~3/Y-MmGmyDi8c/cadence-mcshane-to-build-apples.html
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.