TaskUs Chooses Albuquerque, New Mexico, Operations Center
08/24/2018
The company plans to lease approximately 50,500 square feet of office space at 200 Third St. NW, located in the First Plaza Building at Third Street and Tijeras Avenue in downtown Albuquerque. The company plans to open in the first quarter of 2019.
“TaskUs is rapidly expanding across the globe. In the past two years, we have hired 2,000 teammates at our three locations in Texas. Today we are excited to announce that Albuquerque, New Mexico, will be our next domestic location,” said TaskUs CEO Bryce Maddock. “Albuquerque provides a wealth of talent and an emerging tech scene, which is the perfect combination for TaskUs.
We plan to hire nearly 700 teammates in our downtown location and hope to continue growing well beyond this in the city and state.”
The company’s expansion will be supported by the State’s Local Economic Development Act and Job Training Incentive Program. The State of New Mexico will provide up to $2 million in LEDA funding. In addition, the City of Albuquerque will commit $1 million in local LEDA funding to the project, which is subject to approval by the Albuquerque City Council.
The California-based company, which provides outsourced customer service strategies and solutions to some of the world’s leading technology companies, will create 695 new jobs over the next five years.
“We’ve made our state more competitive for jobs and investment and now we’re seeing the results, once again, we’re celebrating more jobs coming to downtown Albuquerque,” said Governor Susana Martinez. “Through our relentless efforts to make New Mexico business friendly, we’re attracting new investments, creating new jobs and growing our economy.”
“Building an economy that works for everyone begins with creating good paying jobs. Bringing TaskUs to Albuquerque was a collaborative effort here at the City,” stated Mayor Tim Keller. “In Albuquerque, we can often provide more than just funding to a company interested in bringing business to Albuquerque, like access to city services and amenities. We came together as “One Albuquerque” to ensure that TaskUs has what they need to succeed while also giving Downtown the shot in the arm it needs.”
Roberta Cooper Ramo, Chair of Albuquerque Economic Development said, “TaskUs is an important addition to our growing technology sector, creating an estimated economic impact of more than $117 million in the first year alone. The company will generate more than $100 million in new payroll over the next five years, giving an important boost to small businesses, restaurants, housing and other amenities in downtown and beyond.”
Edward T. Garcia with Garcia Realty and Development, which owns First Plaza, said that his family is happy to be able to include TaskUs in the rebirth of First Plaza and Downtown, “TaskUs merges talent and technology to solve modern business problems, and Albuquerque is brimming with intelligence and talent,” he said. “Albuquerque offers lifestyle, affordability and climate, and it loves young families. We see TaskUs as a catalyst for many others of like mind.”
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