AE shifting Warrendale headquarters to Pittsburgh's SouthSide
22 Oct '05
3 min read
Leading lifestyle retailer American Eagle Outfitters Inc announced that it is relocating its Warrendale corporate headquarters to Pittsburgh's most exciting new urban development. American Eagle has signed an agreement to purchase an existing 186,000 square foot building and adjacent land in the SouthSide Works, pending approval by the Urban Redevelopment Authority and subject to customary conditions. The building and land purchase price is approximately $21 million, not including additional construction and interior finishing costs.
AE, founded in 1977, will reside at "77 Hot Metal Street" featuring a riverfront location, city views and a walking trail in an urban location with restaurants and shops nearby. While the exterior building is complete, interior design and office space construction is expected to be finished in early 2007. After the move, American Eagle will maintain a presence in Warrendale, with over 300 associates staying at this site. The relocation of corporate headquarters will free up space, enabling expansion of the existing Warrendale facility, which will include construction of a new data center.
Susan McGalla, President and Chief Merchandising Officer, American Eagle Brand, commented, "Company is greatly value the Pittsburgh region and what it has meant to success. It is now their goal to create a corporate headquarters here that is truly branded and reflects values and vision for the future. They recognize that their associates are their most valuable resource and providing them with a creative and productive environment is our top priority. The many positive amenities of our new facility, combined with the exciting urban environment offered at Pittsburgh's SouthSide Works, will be key to attracting and retaining a talented workforce, which is absolutely essential to their continued success."
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