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FanDuel Group on Monday announced it will open a technology campus in Ponce City Market. The Old Fourth Ward site will act as a new “technology hub” for its software engineering, product development, user experience (UX), and user interface (UI) teams.
The company plans to grow its Atlanta-based workforce to approximately 900 colleagues over the next five years. These colleagues will be housed in a newly built-out 68,000 square-foot space on the building’s third floor.
“Ponce City Market is the perfect location for our new technology campus and reflects our commitment to becoming a central part of the Atlanta corporate footprint,” Sarah Butterfass, chief product officer for FanDuel Group, said in the release. “This historic building offers our employees a blend of old-world charm, cutting edge sophistication, and modern amenities that will deliver an unmatched working environment. Additionally, its location allows us to build deep ties to Atlanta’s diverse pipeline of talent coming from its many top-flight universities.”
Ponce City Market first opened its doors in 2013 and has since been credited as a catalyst for revitalizing the Old Fourth Ward neighborhood. The property currently includes 643,000 square feet of Class-A office, with 300,000 square feet of retail, over 75,000 square feet of entertainment, and over 36 food and beverage purveyors.
“Over the last few years, Ponce City Market has become a major employment hub for the City of Atlanta,” Matt Bronfman, CEO of Jamestown, the real estate investment and management company behind Ponce City Market, said. “FanDuel will add to that important distinction and further grow the property’s dynamic ecosystem of tech and creative class companies.”
Ponce City Market recently unveiled new plans to include 500,000 square feet of new development and neighborhood amenities. Designed with a focus on sustainability and wellness, the site is expected to bring an office building, outdoor courtyard surrounded by 38,000 square feet of shopping and dining, and more than 400 units in a new “hospitality living” concept to the Old Fourth Ward neighborhood.