Facebook wants 1M more square feet downtown

[Neil Narayan]

Facebook Inc. may put its expansion in Central Texas into overdrive by taking an eye-popping amount of office space downtown. The California-based social media giant is in the market for 1 million square feet, multiple sources said. That would be on top of the numerous offices it already has in the Texas capital, they added.

Facebook leased more than 920,000 square feet of office space in Austin as of the first quarter of this year, according to a report from Aquila Commercial.

Google and Facebook are essentially neck-and-neck as the dominant downtown office eaters. Google is in the process of building a tower that will give it roughly another 800,000 square feet.

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