Apple is preparing to spend an estimated $19.3 million to renovate a Triangle-area building, to create temporary accommodation for its growing staff which will ultimately occupy a billion dollar campus in Raleigh.
Initially, the company is occupying the seven-story “MetLife III” building in Cary while the campus is constructed.
Interior renovation permits submitted to the local government for the building indicate Apple expects to spend around $19.3 million on upgrading the building, WRAL TechWire has reported.
The permits cover all of the building’s floors.
Permits have been granted for floors 2 through 6, with a total renovation cost estimated at $6,826,000 for the group. Construction costs for the first and seventh floor are listed as $12.48 million, however permits for the floors are still under review.
“They’re in the process of recruiting all types of technical staff and engineers, software, really all positions they’re hiring for,” said Mark Lawson, president of the Cary Chamber of Commerce. “It was exciting to have (Apple) look at (MetLife III) as the launching point for (its) campus.”
Apple purchased space in the Raleigh Research Triangle in 2018, with plans to build a massive engineering hub for supporting high-tech development and other corporate operations, Apple Insider (AI) reported.