Austin continues to boom in the tech sector, now with 800 more Amazon jobs coming to Austin by the year 2020. As a result of the failed NYC Amazon expansion, Amazon will now increase jobs and sectors at its 17 locations around the country. Amazon already employs around 6200 people currently, bringing the new count close to 8000 Amazon jobs by the year 2020. According to the Austin Business Journal, this will put Amazon on the list as one of the biggest employers in town (see below).
Just where will this Amazon expansion happen, exactly? Amazon has leased a large section of Domain 10, an office building currently being constructed at the Domain in North Austin. Amazon will also have tech savvy neighbors in Domain 11 (Home Away) and Domain 12 (Facebook).
As these tech centers are being constructed and more tech jobs come to town, look for housing prices in this area of town (Domain Northside) to be impacted positively! If you plan on buying in that area, purchase sooner rather than later and watch your investment pay off tremendously in the next 2-3 years.