Another billion-dollar tech company swaps San Francisco for Austin

By the time we return to normal in California, San Fran will be the size of Beverly Hills, 34,000.  Like Beverly Hills it will be populated with the very rich and the illegal aliens.  No major businesses will be headquartered in either city.  Yes, another billion dollar San Fran tech company is leaving the slums and high taxes of San Fran for Austin, Texas.

“”The central location, affordable cost of living, highly educated workforce and supportive business climate have helped make Texas an epicenter for business activity and technology growth,” said CEO A. William Stein in a press release last week.

Digital Realty’s new headquarters will be located off of Southwest Parkway, near Mopac, just a few minutes from downtown Austin. 

Importantly is the cost of housing and the lifestyle. Who wants to live in a city where you have to step over the homeless and human feces to get to your office?  Who wants their kids to see drug use on every street and the police standing by to pick up those that overdose.

Another billion-dollar tech company swaps San Francisco for Austin

By Katie Friel Austin Culture Map,  1/19/21 

By the time we return to normal in California, San Fran will be the size of Beverly Hills, 34,000.  Like Beverly Hills it will be populated with the very rich and the illegal aliens.  No major businesses will be headquartered in either city.  Yes, another billion dollar San Fran tech company is leaving the slums and high taxes of San Fran for Austin, Texas.

“”The central location, affordable cost of living, highly educated workforce and supportive business climate have helped make Texas an epicenter for business activity and technology growth,” said CEO A. William Stein in a press release last week.

Digital Realty’s new headquarters will be located off of Southwest Parkway, near Mopac, just a few minutes from downtown Austin. 

Importantly is the cost of housing and the lifestyle. Who wants to live in a city where you have to step over the homeless and human feces to get to your office?  Who wants their kids to see drug use on every street and the police standing by to pick up those that overdose/

Another billion-dollar tech company swaps San Francisco for Austin

By Katie Friel Austin Culture Map,  1/19/21  https://austin.culturemap.com/news/city-life/01-19-21-another-billion-dollar-tech-company-swaps-san-francisco-for-austin/

Another big-time tech company is decamping from the City by the Bay to the City by Town Lake. It may not have the name recognition of Apple or Tesla, but Digital Realty, a multibillion-dollar company specializing in digital data, announced it is moving its headquarters from San Francisco to Austin.

“The central location, affordable cost of living, highly educated workforce and supportive business climate have helped make Texas an epicenter for business activity and technology growth,” said CEO A. William Stein in a press release last week.

Digital Realty’s new headquarters will be located off of Southwest Parkway, near Mopac, just a few minutes from downtown Austin. 

Of the company’s approximate 1,300 employees, about 20 percent are based in Texas, though it’s still premature to project exactly how many will call Austin home. No cutbacks or layoffs are expected to happen in Digital Realty’s other hubs.

Austin also gives the tech giant a chance to strengthen its foothold in Texas. Today, Digital Realty owns more than 30 data centers across the state, encompassing more than 4 million square feet and over 100 megawatts of customer capacity, the company says.

Among those is a connectivity hub the company scooped up in downtown Dallas in 2002. Along with its big move, Digital Realty also announced on January 14 that it “recently expanded upon its initial investment … at 2323 Bryan Street in Dallas” and is likely to grow its presence in the Big D now that its headquarters are just a three-hour drive down I-35. 

“As we continue to make strategic investments to best position Digital Realty for long-term growth, we are confident our expansion in Texas will help us meet the needs of our more than 4,000 global customers, while continuing to deliver value for our stakeholders, employees and the communities we serve around the world,” Stein continued.

Digital Realty joins an ever-growing chorus of companies trading sunny California for (also sunny) Texas. In recent months, Tesla, Oracle, and even TikTok have announced plans to grow their local footprint, perhaps unsurprising, considering Austin once again was named the best tech city in the U.S. in November, outranking both Silicon Valley and San Francisco for the second year in row.

Another big-time tech company is decamping from the City by the Bay to the City by Town Lake. It may not have the name recognition of Apple or Tesla, but Digital Realty, a multibillion-dollar company specializing in digital data, announced it is moving its headquarters from San Francisco to Austin.

“The central location, affordable cost of living, highly educated workforce and supportive business climate have helped make Texas an epicenter for business activity and technology growth,” said CEO A. William Stein in a press release last week.

Digital Realty’s new headquarters will be located off of Southwest Parkway, near Mopac, just a few minutes from downtown Austin. 

Of the company’s approximate 1,300 employees, about 20 percent are based in Texas, though it’s still premature to project exactly how many will call Austin home. No cutbacks or layoffs are expected to happen in Digital Realty’s other hubs.

Austin also gives the tech giant a chance to strengthen its foothold in Texas. Today, Digital Realty owns more than 30 data centers across the state, encompassing more than 4 million square feet and over 100 megawatts of customer capacity, the company says.

Among those is a connectivity hub the company scooped up in downtown Dallas in 2002. Along with its big move, Digital Realty also announced on January 14 that it “recently expanded upon its initial investment … at 2323 Bryan Street in Dallas” and is likely to grow its presence in the Big D now that its headquarters are just a three-hour drive down I-35. 

“As we continue to make strategic investments to best position Digital Realty for long-term growth, we are confident our expansion in Texas will help us meet the needs of our more than 4,000 global customers, while continuing to deliver value for our stakeholders, employees and the communities we serve around the world,” Stein continued.

Digital Realty joins an ever-growing chorus of companies trading sunny California for (also sunny) Texas. In recent months, Tesla, Oracle, and even TikTok have announced plans to grow their local footprint, perhaps unsurprising, considering Austin once again was named the best tech city in the U.S. in November, outranking both Silicon Valley and San Francisco for the second year in row.

About Stephen Frank

Stephen Frank is the publisher and editor of California Political News and Views. He speaks all over California and appears as a guest on several radio shows each week. He has also served as a guest host on radio talk shows. He is a fulltime political consultant.

Comments

  1. Ex Californian says

    Unfortunately, all of the California spaces to Texas are recreating the cesspool of San Francisco. Austin is now just a mini San Francisco. Homeless, filth in the downtown area. Pitiful.

  2. I do not blame businesses for moving out of Communist California. What I find irresponsible is the fact that these business leaders fail to investigate the location that they desire to move to. For example, Austin has a very high violent crime rate. Also, their public schools are failing to educate their students. Why subject your employees to such harsh realities…..

  3. More libs leaving CA. Love it…………….. we might have a chance to regain common sense in CA. Watch out Texas, you ae on the list to be the next RED state to go BLUE!!

  4. I can’t stand it when people from New York or California move out of that state and bring that ideology to their next home. if it was so great and New York or California why did you move to begin with? The one phrase you always hear is well in California or well in New York we did it this way….. Again if it was so great why do so many people leave? Don’t let them spread that poison into your state…. Don’t let them bring that crap into your neighborhood. Treat them like a poison that’s about to infect everything you’ve ever owned and loved about your state and keep them at arm’s length.

  5. Austin is the most liberal State in Texas and is going down the toilet just like CA. Liberals can’t add anything good to this or any other town in Texas so, Austin would be the best place for them. Just be careful to not let that liberal mind rot spread because good people move to Texas to get away from that cancer that ruins freedoms, liberties, good states, critical thinking and common sense.

  6. So nice to see another company leave NAZI CALIFORNIA…NO STATE TAXES AND A WAY LOWER COSTS OF LIVING…GO DOWN THJE TOILET NAZI’S…….

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