Facebook takes another big bite of downtown Austin with major lease, report says

Facebook Inc. is reportedly poised to massively expand its presence in downtown Austin, with another office inside of a gleaming skyscraper.

The social media behemoth plans to lease more than 230,000 square feet inside Third+Shoal, the 29-story tower being built at 208 Nueces St., the Austin American-Statesman reports.

That’s in addition to its 120,000 square feet inside the nearby tower known as 300 West Sixth, which it renovated at significant cost— go here to see a June slideshow of the space. About 700 employees work there. The new space could handle more than 1,000 additional employees, according to the Statesman.

Click to read more at Austin Business Journal.