According to news agency Intelligence360 who specialise in public and private company information within the United States, Retro Studios will undergo a remodel of their existing premises in Austin, Texas, with a completion set for May 2021. The Metroid Prime 4 developer will invest over $530,000 to renovate over 37,000 square feet of space. It was originally reported that the company would be expanding into a different location, but after investigating ourselves, we found that this was inaccurate and chose not to share the news at the time. Since then, Intelligence360 has updated its website to clarify.

Here are the quotes for comparison:

Old

According to state and local economic development sources Retro Studios plans to invest $530,362.00 to build out 37,335 square feet of new space in Austin. The company plans to occupy the new space at 12345 N Lamar Blvd. Suite 300 in Austin, on or about May 1, 2021.

New

According to state and local economic development sources Retro Studios plans to invest $530,362.00 to remodel 37,335 square feet of space in Austin. The project at 12345 N Lamar Blvd. in Austin, should be completed on or about May 1, 2021.

We will continue to update and research this information as accurately as we can, as the story develops.

Source: Intelligence360