Pearl Izumi closes on land for new HQ
Pearl Izumi USA Inc., which is a trade name of DashAmerica Inc., paid $597,627.90 for about 8 acres in the Colorado Technology Center in Louisville, according to Boulder County records. The company plans to build a 55,400-square-foot office building and research center at the site.
Pearl Izumi's new home, according to plans filed with the Louisville Planning Department, will have a distinctive design, with a reddish-brown weathered steel, exposed concrete and glass exterior. It could be expanded by another 10,500 square feet.
Construction is planned to start before the end of the year and could be occupied in the third quarter of 2013, according to the planning documents.
Pearl Izumi purchased the lots at 101, 1739 and 1797 Taylor Ave. from EJ Louisville Land LLC, which is owned by Denver-based developer and builder Etkin Johnson Group.
Pearl Izumi currently leases space at 1886 Prairie Way, a block south of the proposed new building, according to the Louisville Planning Department.
A representative of the company said additional details about Pearl Izumi's plans is expected to be released soon.
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