Video game maker takes 30K sf in Fort Worth
City Council provides $1.5M worth of incentives to land Seattle-based outfit
Seattle-based video game design and production company ProbablyMonsters is heading to the Lone Star State, with a deal for 30,000 square feet of office space in Fort Worth.
The announcement comes after the Fort Worth City Council approved a $1.5 million incentive package to lure the well-known game designer and executive Harold Ryan and his new enterprise to the city, the Dallas Morning News reported.
ProbablyMonsters will set up at Winfield Place at 210 E. Eighth St. as a temporary location. The company aims to find a larger space no later than the end of 2024, the outlet said.
The city has agreed to provide $1.5 million in grants as long as the company creates 300 full-time jobs with a minimum salary of $75,000. The company affirmed that all of its employees have a minimum base salary of $77,000 with medical benefits, bonuses and retirement packages.
Ryan developed iconic video game franchises such as Halo, Destiny and Age of Empires with his former company, Bungie. His games have generated over $5 billion in revenue throughout his 20 years in business, according to ProbablyMonsters’ website.