38 Studios starts move into new HQ

PROVIDENCE – 38 Studios LLC began moving into its new company headquarters in downtown Providence Friday and is expected to open the office on Tuesday, April 12, the company has told state officials.

An agreement with the R.I. Economic Development Corporation had called for Curt Schilling’s video game company to move in by May 1.

Company executives told the EDC that the move from Maynard, Mass., will be completed over the weekend and that 160 employees will be able to start working at 1 Empire Plaza on Tuesday. A formal grand opening will take place in the coming weeks.

Under a $75 million loan guarantee agreement with the EDC, 38 Studios has said it will ultimately bring 450 high-skilled, high-wage jobs to the state. The company is supposed to create at least 125 new jobs in the state by November 2011.

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“38 Studios continues to meet or exceed agreed upon job creation and relocation milestones. We welcome them to Rhode Island and look forward to the company’s growth and success in our state,” Keith W. Stokes, EDC’s executive director, said in a statement.

“38 Studios is incredibly excited about our relocation to Providence and becoming a part of Rhode Island’s growing knowledge economy,” said Jen MacLean, CEO of the company that was founded by former Red Sox standout Schilling. “We anticipate contributing to the tremendous corporate citizenship efforts of Rhode Island’s business community. Located in the heart of the capital city and surrounded by leading colleges and universities and a strong arts community, I am confident that 38 Studios will serve as a benchmark for growth in the interactive entertainment and digital media industry.”

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