ROUND ROCK - The former Cypress Semiconductor campus has been purchased by World Class Capital Group LLC. The firm plans to transform it into a development with shops, housing, office and industrial space.
The first phase of the project will involve renovating and leasing the existing 98,700-sf former semiconductor manufacturing facility for office and industrial space.
The campus sits on 118 acres behind the IKEA retail development at I-35 North and University Dr. Cypress Semiconductor Corp. closed the facility in 2009.
Read more at the Austin American-Statesman.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.