Wednesday, September 30, 2009

dunnhumbyUSA unveils new Downtown HQ

The new corporate headquarters for marketing and research firm dunnhumbyUSA was unveiled at a dedication on Monday morning.
Al. Neyer, Inc. redeveloped the $20 million The Offices at 444 West Third Street, a 148,000-square-foot industrial building that had been vacant for several years.

bhdp architecture helped design the interior space, which includes a full-service health and fitness center, a staffed coffee and snack bar, landscaped outdoor terraces, and indoor and outdoor parking. 
Approximately 330 employees will be moved into the new headquarters from 302 W Third Street, and the building has the capacity for an additional 150 positions.

The City of Cincinnati provided a number of incentives, including a job creation tax credit, a 12-year tax abatement, and lease agreements for employee parking.

"The City's Economic Development staff brought its 'A' game to a complex project that required creative solutions and problem-solving on a number of issues," said Al. Neyer president and CEO David Neyer. "It was a good partnership."

Cincinnati mayor Mark Mallory said that the project shows the strength of Cincinnati's economy.

"What we see here today at 444 West Third is a prime example that despite the national economic picture, there is growth in Cincinnati, Ohio," Mallory said. "I want to thank David Neyer and Al. Neyer, Inc., who continues to find creative and transformative investments in Cincinnati."

COO Simon Hay, who in five years helped grow dunnhumbyUSA to estimated 2009 revenues of $250 million, is leaving Cincinnati to take a position with the firm's London headquarters. Replacing Hay is Stuart Aitken, most recently chief marketing officer of Michaels Stores, Inc.

Photo and rendering courtesy of Al. Neyer, Inc.

Previous reading on BC:
Lease would provide better access for dunnhumbyUSA parking (8/3/09)
Additional parking OK'd for dunnhumbyUSA expansion (6/25/09)
Lease, parking agreement could aid dunnhumbyUSA expansion (5/21/09)
'Hybrid' of four Brent Spence alternatives recommended (5/13/09)
Cincinnati budgets for expanded dunnhumbyUSA parking (12/22/08)