"BTO points to Austin's energy and culture and attractiveness to young people as a key reason for choosing to expand here. BTO gets it. Austin is Austin in part because we've always had what I refer to as our fountain of youth," Mayor Kirk Watson said, pointing to the importance of the University of Texas, Huston-Tillotson University, Concordia University, St. Edward's University and Austin Community College in drawing and training highly educated professionals in the area. "Every year, thousands of new young people come into town to attend those schools. They're young, they're vibrant, they're vital, they're looking to the future and they've got new thoughts, new ideas, new music, new culture, greater diversity."
"The new facility is forecast to be able to handle up to 6 million molecular diagnostics tests annually, with job roles ranging from lab technicians to post-doctoral researchers."
"The city is expected to see an influx of more than 1,000 life sciences jobs in the coming years, with a California-based molecular diagnostics company announcing a major move into Austin."
"The development, which is being led by California-based Tarlton Properties, is expected to be occupied by the end of 2026."
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