CD Projekt Red Expands in Waltham, Massachusetts

Categories: Massachusetts Business NewsMassachusetts News

CD Projekt Red's new office expansion in Waltham showcases growth in the tech industry.

News Summary

CD Projekt Red is establishing a North American hub in Waltham, Massachusetts, planning to hire 141 new employees and expand its office space significantly. This move is expected to inject $2.1 million in state incentives, boosting the local economy and contributing to the tech scene. With this expansion, Waltham is set to become a significant player in video game development, attracting talent and innovation to the area.

Waltham Welcomes CD Projekt Red’s Exciting Expansion

Big news is happening in Waltham, Massachusetts! The famous Polish video game company CD Projekt Red is gearing up to make a splash in town as it establishes a North American hub with the help of some generous state tax incentives. This exciting move is set to bring a wave of new job opportunities and boost the local economy.

Growing the Team

Currently, CD Projekt Red has about 42 full-time employees working out of its Massachusetts office. But hold on to your hats—over the next three years, the company aims to hire an impressive 141 new employees! That’s right, they plan to expand their workforce significantly, effectively quadrupling their current headcount in the state. These fresh faces will play vital roles in developing the next phases of beloved video game series such as the acclaimed “Witcher” and the futuristic “Cyberpunk 2077”.

A Little More Space to Grow

As part of this exciting expansion, CD Projekt Red will enhance its existing office space. The company’s location at 51 Sawyer Road currently spans around 14,000 square feet, but that’s about to grow by an additional 9,100 square feet. With all this extra room, the total size of the building will reach a whopping 152,000 square feet. This impressive space is located in the bustling University Office Park, home to several other prominent tenants like Epoch Senior Living, Janitronics Building Services, and Apex Wealth Group.

Helping the Local Economy

The decision to plant roots in Waltham is more than just about providing jobs. CD Projekt Red is expected to receive around $2.1 million in state incentives as part of the deal. This investment is aimed at encouraging job creation and supporting the state’s strategy to attract and retain thriving companies. Not only will this expansion boost the game’s company presence in the area, but it will also contribute significantly to the local economy.

Boston Welcomes New Businesses

Exciting initiatives from the Boston Mayor, such as a new business recruitment office, aim to attract even more companies to the area. Companies like Lego, Roche, and Nvidia have already made the move to Boston, making the Greater Boston area a hub for innovation and tech advancement. With CD Projekt Red also coming aboard, it’s evident that Waltham is becoming a hot spot for game development and technology.

A Bright Future Ahead

The partnership between CD Projekt Red and Waltham could set the stage for an incredible future for both the company and the local community. With plans in place to hire new talent and expand their facilities, Waltham is poised to benefit from a growing tech scene. Furthermore, the introduction of exciting new job prospects may attract more gaming enthusiasts and tech aficionados to the area, fostering a vibrant community centered around innovation.

So, as Waltham gears up for this new chapter with CD Projekt Red, it’s clear that the future is looking bright. With more jobs, an expanding office, and a commitment to contributing to the local economy, the area is bound to see a surge of activity, innovation, and creativity. Who knows? Maybe the next big thing in gaming will come right from Waltham!