Apple's current facilities in Austin, Texas.

After completing its most recent campus and current headquarters – Apple Park – just over a year ago, Apple has today announced plans to create an all-new campus in North Austin.

The new 133-acre site will be located less than a mile from the company’s existing facility and will represent an investment of $1 billion. Initially, Apple expects the site to accommodate around 5,000 employees. But as the company continues to grow its workforce, this number could rise to as much as 15,000.

On ...