Charles Schwab Opens 50-Acre Campus, Expansion to Follow

San Francisco-based Charles Schwab opened its new 469,000-square-foot campus in Austin, Texas, as it aims to expand its presence in the state.

Financial services provider Charles Schwab has opened its new 469,000-square-foot, two-building Austin campus at Gracy Farms. Later this summer, an additional office building, complete with its own parking structure, is scheduled to break ground.

The new 50-acre campus is situated at 2309 Gracy Farms Lane, across the MetroRail tracks from the IBM Broadmoor Campus. It consists of two five-story office buildings, an amenities center and a parking garage. The complex was designed as an open, collaborative and sustainable workspace where, for now, some 1,900 of Schwab’s Austin employees are housed. The space can accommodate future expansions. Currently, Schwab has about 3,100 employees working in Texas.

Green offices

The Gracy Farms campus was built with sustainable materials and systems, and designed to meet LEED Gold standard certification. In addition, it features facilities that encourage innovation, cross-functional partnerships and a sense of community such as:

  • walking trails
  • on-site yoga classes
  • showers with changing areas
  • cafeteria with self-checkout technology
  • employee Schwab branch for personal investing needs
  • adjustable sit/stand desks
  • 275-seat multi-purpose auditorium
  • artist program

“We’re excited and humbled to be able to expand our presence with a state-of-the-art facility,” Dennis Howard, executive vice president & CIO for Schwab, said in a prepared statement. “We love being a part of the community in Austin. This city offers a tremendous pool of talent that fits our culture of service and our ambition to disrupt our industry. We are always looking for people who are passionate about building a career with meaning and making an impact on people’s lives, and Austin is a great place to find those kinds of talented, purpose-driven people.”

Video courtesy of Charles Schwab