Overstock broke ground this week on its new corporate campus, referred to as the "Peace Coliseum," which will look like a corporate glass-and-concrete version of the Roman Coliseum, but from the air, the three-story building will appear as a peace sign. The $100 million project will bring most of its 1,600 employees under one roof on a five-acre parcel of land in Midvale, UT, a suburb of Salt Lake City.
"We need a large space where we can get together as a company and have meetings all in one place or meals," said Overstock President Stormy Simon in a press release. "We currently don't have one in either structure that we're in, the capability to gather as one company. Our company is split and we're on different sides of town, 800 employees in one space and 800 employees in another. To have it created with the function of our company in mind so it works for us and how we see departments interact, it'll be a better work environment. To be at a point where we're doing well as an organization and be able to build a building that's just for us and unite our workforce is so exciting."
The 231,000-square-foot office building will be located at 7295 S. Bingham Junction Blvd. In addition to the central office building, the campus will include an amenities building, park-like open green space and a parking structure, according to a Deseret News article. The developer is Gardner Co., the contractor is Okland Construction and the architect is EDA Architects Inc. The Overstock warehouses will remain in their present locations in Utah, Kentucky and Pennsylvania.
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