LOS ANGELES -- Mayor Eric Garcetti welcomes Riot Games to the City of Los Angeles. Today, Riot Games, one of the largest online video game publishers and developers in the world, announced that they signed a long-term lease for approximately 280,000 square feet at Hudson Pacific Properties' Element LA media campus in West Los Angeles.
"Our economy is my top priority and the tech industry generates thousands of jobs in Los Angeles. I have been working closely with Riot’s founders Brandon Beck and Marc Merrill, and my business team will continue to work with them to ensure a smooth transition. I'm excited about the company's new home as it will move more than 1,000 high-skill knowledge jobs into the city and within walking distance of the Expo Line," said Mayor Garcetti. "I would also like to thank Hudson Pacific and their Chairman & CEO Victor Coleman for helping attract this dynamic company to our city. Riot Games' move to Los Angeles sends a message to other gaming and multi-media tech companies that Los Angeles is open for business and ready to accommodate any new companies looking to expand."
Riot Games develops and publishes the popular online game League of Legends, which has more than 32 million active players per month. The company has been expanding their workforce for the past few years and sought a new headquarters location to accommodate future growth and to provide an amenity-rich environment for their employees. Hudson Pacific Properties, Inc. (NYSE: HPP), a publicly traded REIT, is currently renovating the 12-acre campus that will accommodate more than 1,000 full time Riot Games staffers. Mayor Garcetti has been in discussions with Riot Games ever since the company expressed interest in finding new space.
Riot Games has been headquartered in Santa Monica for the past three years and has offices on five different continents. In recent years, Los Angeles has emerged as a top tech center and ranks number three as the most start-up friendly ecosystem in the world. Los Angeles graduates more engineers per year than any other city in the nation. Major anchor companies like Riot Games, Snapchat, Factual, and more than 2,200 start-ups show that Los Angeles is at the epicenter of emerging sectors like digital media, software, IT, and consumer products and will continue to attract and retain our graduated talent.