PrizePicks, one of North America’s daily fantasy sports leaders, has announced its plans to expand its presence in Atlanta and create hundreds of new jobs. According to the company, the economic impact of the new venture is expected to reach $25 million over the next seven years.
The DFS specialist added that its new 33,000-square-foot headquarters will be situated in the Star Metals Building in Midtown Atlanta. The company described Star Metals as a “pioneering mixed-used district” in the city’s thriving West Midtown neighborhood.
PrizePicks furthermore praised Star Metals for raising style and luxury to new heights along the Howell Mill Road corridor. The company concluded that the building is set to play a “key role in forging the future” of the city.
PrizePicks expects its new HQ to create approximately 1,000 jobs over the next seven years, providing the locals with the opportunity to work for “the fastest-growing sports company in North America according to the Inc. 5000 2023 rankings.”
The DFS company issued a reminder that it is actively hiring and that anyone interested in becoming a part of its team should find more information on its official website.
Atlanta Has “All the Ingredients” PrizePicks Needs
PrizePicks’ co-founder and chief executive officer, Adam Wexler, commented on the launch of the new HQ, saying that Atlanta has always been his team’s home. The relocation to Star Metals, according to him, will benefit both PrizePicks and Atlanta as a whole.
This move to Star Metals will help us create more world-class, high-skilled and high-wage jobs in our great city while we deepen our connections across the community.
Adam Wexler, co-founder & CEO, PrizePicks
Georgia Governor Brian Kemp also commented on the matter, praising his state’s position as a driver of technological growth and innovation. He added:
Today’s announcement is a reminder of our strength in both welcoming new projects as well as creating an atmosphere where existing businesses can expand and thrive. I look forward to seeing the impact of these thousand jobs on the Atlanta community.
Gov. Brian Kemp
Finally, Katie Kirkpatrick, president and CEO of the Metro Atlanta Chamber, congratulated the PrizePicks team for choosing Atlanta, promising them that the city has everything the company would need.
Metro Atlanta has all the ingredients to help PrizePicks thrive, including diverse tech talent graduating from our leading colleges and universities, global connectivity through our airport, a large and engaged business community and a desirable quality of life.
Katie Kirkpatrick, president & CEO, Metro Atlanta Chamber
In other news, PrizePicks recently ceased its paid contests in New York following a $15 million settlement.