AUSTIN-Cirrus Logic has leased 190,000 sf at the Terrace Business Park in southwest Austin in preparation for expansion of its corporate headquarters and work force, a Cirrus source tells GlobeSt.com. “We will be moving about 450 employees to the Terrace and could have about 50 more employees by that time,” says Stan Victor, a corporate vice president with Cirrus.

The company moved its world headquarters from the Silicon Valley to Austin in April 2000 and now operates at South Park Corporate Center near Bergstrom International Airport. Cirrus expects to keep about 300 to 400 employees at its present location for manufacturing and assembly operations.

The Terrace, a multi-use development off Mopac Boulevard and Loop 360, will ultimately include seven office towers with 1.1 million sf of office and retail space, 208 town homes and a hotel. Terrace I and II are 100% leased, according to its agent with Colliers and Oxford Commercial Inc.

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