A global technology company is planning to expand in downtown Miami with thousands of new high-paying jobs.
For now, the name of the company is being kept under-wraps as part of a job incentive application, under the code name “Project Xray.”
The company is described as a leading provider of software solutions for IT professionals.
It already has 820 jobs in Miami, which are expected to be maintained.
Starting in 2023, the company wants to add 3,400 new employees in Miami, at an average wage of at least $107,000. Employee benefits with each job will be $13,000. Hiring is expected to be complete by 2025.
The proposal also calls for the construction or renovation of 101,871 square foot of space for a world headquarters office in downtown Miami. The company already has 144,024 square feet of existing space here.
The total capital investment for buildout of the office is estimated at $16,299,360.
The company has applied for around $4.5 million in job and other incentives from Miami-Dade County, subject to verification of the commitments being fulfilled.
Miami-Dade commissioners are scheduled to have a hearing on the incentives on February 21.