Apple’s next campus is officially coming to Wake County — and bringing at least 3,000 jobs with an average salary of $187,000 to its 1 million sqft hub. The company will invest more than $1 billion in the state by 2032.
The proposed location of the project | Photo from Google Maps
The project — located at the intersection of Louis Stephens Dr. and Little Dr. in RTP — will house research and development and operations and engineering + the facility will be powered 100% from renewable energy sources.
Did you know? NC uses Job Development Investment Grants (JDIGs) to incentivize companies like Apple coming to the state as a way to promote growth in the local economy. This project is estimated to grow NC’s economy by ~$79.8 billion over 39 years + the 3,000 new jobs will generate $1.97 billion in state tax revenue.
Therefore, the state is giving Apple a potential reimbursement of up to $845.8 million over the 39 year period. All JDIG payments only occur if the company meets its incremental job creation + investment targets.
Apple is also planning to set up a $100 million fund to support schools + community initiatives across NC.
FunFact: Apple’s COO Jeff Williams is a Raleigh native. Jeff attended Sanderson High School, completed undergrad at NC State + received his MBA at Duke. Pretty cool, right?
“As a North Carolina native, I’m thrilled Apple is expanding and creating new long-term job opportunities in the community I grew up in,” he said in the press release. “We’re proud that this new investment will also be supporting education and critical infrastructure projects across the state.”
Tell your friends with computer science degrees to update their resumes and send them this convo using the links below.
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ComingSoon ○ Pet Paradise — a full-service pet care provider — is opening its first Triangle location at 8795 Holly Springs Rd. (near the Kraft Family YMCA) tomorrow. The facility will offer boarding, day camp, veterinary services, a swimming pool + grooming. 🐶
Development ○ The next phase of the Seaboard Station development downtown will include a 7-story building with 220 apartments + retail, according to plans filed with the city. The project is located at 10 W. Franklin St., just north of Peace St. and east of Capital Blvd. (Triangle Business Journal)
Biz ○ Calling all restaurant owners — TechWire has added a listing for the new Restaurant Revitalization Fund to its Triangle Startup Guide. Restaurants + bars can apply for up to $10 million per business or $5 million per location from the $28.6 billion in grants the program is offering to help with pandemic-related losses. 💰
Job ○ Tech job openings are up 22.7% since March 2020 in the state + about one-third of those openings are in Raleigh, according to The NC Technology Association’s recent report. Check out TechWire’s latest job board updates on where those openings are and how to apply.
Arts ○ The artist behind the highly-Instagrammed giant rings in the NCMA park is creating a new earthcasting sculpture on the corner of Cary Parkway and Evans Rd., near the Griffin Weston Apartments. Artist Thomas Sayre is internationally recognized for the enormous sculptures that are made to play with light + shadow. (WRAL)
Edu ○ The McDonald’s located at South St. in downtown is looking to give back to Shaw University students through scholarships + job opportunities. Andy Martin, South St. franchise owner, made a 10-year commitment to provide $2,500 annually to a Shaw student. (Triangle Business Journal)
Stat ○ In a report released by Facebook, 84% of small + medium-sized businesses (SMBs) in NC reported being open — including 83% of minority-owned SMBs and 84% of women-owned SMBs. Business owners also reported that 63% felt confident they could stay open for at least 6 months. (Triangle Business Journal)
Tech ○ GrepBeat announced the winners of their inaugural Greppy Awards, with Raleigh startups like Reveal Mobile, Pendo, and Levitate all taking home titles. Find the full list of winnershere. 🏆
FeelGood ○ A Cary woman wasn’t allowed to see her brother, who has Down syndrome, for over a year due to the pandemic. She was finally able to have him over for dinner on Saturday once they were both fully vaccinated, and their first emotional hug was captured on video. (ABC11)
ForKids ○ This year, Letterland Day is being held across 3 weeks (May 3-May 23) all over Raleigh. The program aims to teach early literacy skills to children through fun activities + this year’s schedule can be found here. 📚
Deal ○ May3-7, you can park for free in all city-owned garages in downtown Durham, courtesy of Park Durham. Simply take a ticket when entering the garage + insert the ticket on your way out. Check out this map of participating garages to plan your visit. 🚘
Dish ○ In the mood for a light (and easy) dinner? Enter:Lowes Foods’ Pick & Prep family-size salads. Just add your favorite dressing (and maybe a side of fried chicken). 🥗 Ⓟ
TryThis ○ Dealing with limp lettuce or brown bananas? Here’s how to save some of the most commonly wasted fruits + veggies. 🍌Ⓟ
Finance ○ This no annual fee, cash back credit card has a $200 bonus offer + 3% cash back on the category of your choice (like home improvement, travel, dining or online shopping). More perks? There’s 0% interest for 15 months, plus a 75% bonus rewardfor qualified customers. Ⓟ
Find local coronavirus-related resources by clicking the button below.
The new phase of Cary’s Downtown Park is going under construction — so the fountain has to “duck out” for a bit for renovations. To participate, head to these Downtown Cary businesses to choose your favorite rubber duck(at no charge).
Take the duck home, write a note or your name on it, and bring your duck back to the fountain May 14–16.
Make a wish + put your duck in the fountain. During the renovation, the ducks will be stored safely, and once the park is ready to reopen, the ducks will go back into the fountain and you can find yours. 🦆
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Health ○ Balanced Bodies Balanced Minds | Tues., Apr. 27 | 5:30–6:30 p.m. | Virtual | Free | The LGBT Center of Raleigh’s monthly workshop on relaxation + mindfulness led by a physical therapist and meditation teacher.
Network ○Networking 101 | Tues., Apr. 27 | 9–10 a.m. | Virtual | Free | Experts will teach participants how they can improve their networking skills, especially in the time of predominantly virtual communication. 💻
Civic ○ Raleigh Planning Commission Meeting| Tues., Apr. 27 | 9 a.m. | Virtual | Free | The meeting will focus on reviewing rezoning requests + discussing development recommendations. Tune in live on RTN 11, the city website, or the City’s YouTube channel. 📝
Learn ○ Engage Trivia| Tues., Apr. 27 | 1 p.m. | Virtual | Free | NCSciFest + SAS are hosting a trivia series to test participants’ knowledge — this week is focused on NC aquariums.
Disclaimer: It is up to readers’ discretion to determine whether they feel comfortable participating in any mentioned events based on COVID-19 protocols and precautions. If you have questions, please contact the event’s organizers directly.