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!
Deeper Dive: News & Info About This Topic
- NBC Boston: Video Game Maker to Quadruple Their Massachusetts Headcount
- Wikipedia: CD Projekt
- Bisnow: Video Game Maker Gets State Tax Break
- Google Search: Massachusetts tax incentives for businesses
- Wikipedia: Waltham, Massachusetts
- Encyclopedia Britannica: Waltham
- Wikipedia: Video Game Development
- Google News: Boston business news
Author: STAFF HERE BOSTON WRITER
BOSTON STAFF WRITER The BOSTON STAFF WRITER represents the experienced team at HEREBoston.com, your go-to source for actionable local news and information in Boston, Suffolk County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Boston Marathon, Head of the Charles Regatta, and Boston Harborfest. Our coverage extends to key organizations like the Greater Boston Chamber of Commerce and Associated Industries of Massachusetts, plus leading businesses in finance, biotech, and insurance that power the local economy such as Fidelity Investments, Biogen, and Liberty Mutual Insurance. As part of the broader HERE network, we provide comprehensive, credible insights into Massachusetts's dynamic landscape.
