Project Forge, the code name given to the applicant, has more than 6,000 employees, including some at its U.S. base in New Jersey, but none in Colorado. Tucson and Nashville are competing with Denver for what will become the company’s new U.S. office.
The largest award, at $14 million in Job Growth Incentive Tax Credits, went to a sports betting and gaming company from the United Kingdom that is looking to make a $40 million investment to build out 120,000 square feet of office space. Project Forge, the code name given to the applicant, is expected to create 807 net new jobs at an average annual wage of $97,238, which is 108% of the average annual wage in Denver County.
“We are excited about the opportunity to work in Denver and Colorado. It seems to be a great fit for us,” said an executive with Project Forge who provided only his first name, Richard.
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