Apple considers the Triangle as location for new project

Apple CEO Tim Cook

Apple's search for a new campus location is being conducted in secret.

While there isn't a timeline of development with Apple, Amazon is expected to choose their new site by the end of the year. The Loudoun County land, consisting of 85 acres outside the Innovation Center Metro station now under construction, is owned by a partnership managed by Mark Masinter, a Dallas retail expert whom Steve Jobs hired in 2000 to help Apple open its first stores.

Apple has reportedly told economic development officials in Northern Virginia that it will need 4 million square feet of space to accommodate about 20,000 jobs.

It increasingly looks as though the new Apple campus could land in Cary, North Carolina, close to Duke University, where several top Apple executives went to school. According to a report from, North Carolina was Apple's favored location from the beginning.

There is certainly something about Northern Virginia that is catching the eye of tech companies, as the area is also among the 20 finalists for the location of the second Amazon headquarters. It completed its new $5 billion headquarters in Cupertino, California, nicknamed "the spaceship" for its circular design, last spring. Research Triangle Park in North Carolina is also on the shortlist, the Triangle Business Journal reported.

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On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

If the report is true, it would mean that a scenario where Apple and Amazon will be building headquarters in Northern Virginia will be avoided.

"We're not doing a beauty contest kind of thing", Cook said in a recent interview.

There are also some connections to the company that could help Northern Virginia's chances.

Apple wasn't immediately available to comment on its plans, nor was Cooper's office. The new campuses will not be anything like the previous ones. Where Amazon has been overt with its plans, leading to many public subsidy offers from states, and some protests from local residents, Apple is being far more secretive and has only promised to announce new plans for its future investment in USA facilities later this year.

WRAL's report suggests that all that's standing between Apple coming to Raleigh is local legislators passing a bill to give Apple a package of tax incentives.

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