Located in Central Texas, Austin is the state capital and ranks as the 11th-largest city in the U.S. and the fourth-largest in Texas. With a population of 843,000, Austin is also the second-largest state capital in the U.S. The city’s economic development authority has spearheaded approximately 7.2 million square feet (msf) of major redevelopment projects and the downtown area is in the midst of an extensive refurbishment program. Austin has also secured the No. 1 spot on Forbes’ annual list of America’s fastest-growing cities for the past four years straight. The region’s population stands at 1.87 million – a figure anticipated to top 2 million within two years. Major corporate employers include 3M, Apple, Dell, Oracle, Amazon, Cisco Systems, Whole Foods and National Instruments. More than 300 companies have moved to Austin in the past nine years, with approximately 100 of those coming from California.