PrizePicks has announced its intentions to establish a new headquarters in Atlanta's Star Metals Building in Midtown Atlanta.
The expansion, set to encompass 33,000 square feet, is projected to generate approximately 1,000 employment opportunities over the span of seven years, with an estimated economic impact of $25m on the state of Georgia.
Adam Wexler, PrizePicks Co-Founder and CEO, said: "Atlanta has always been our home, where we are redefining mobile sports entertainment. 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."
The Star Metals Building, situated in Atlanta's West Midtown neighbourhood, is recognised for its mixed-use development and upscale amenities.
Governor Brian Kemp commented: "Georgia continues to be a driver of tech growth and innovation, attracting innovative companies with its unique mix of talent and infrastructure. 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."
Katie Kirkpatrick, Metro Atlanta Chamber president and CEO, added: "Congratulations to Adam Wexler and the team at PrizePicks for choosing Atlanta to expand their headquarters. 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."
Earlier this year, PrizePicks launched PrizePicks Arena, a peer-to-peer fantasy sports game, in select states. Additionally, the company partnered with UFC star 'Suga' Sean O'Malley to develop new content for fans.
