Overstock Unveils New Corporate Campus – ‘Peace Coliseum’

SALT LAKE CITY, Oct. 13, 2016 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ:OSTK) will officially open its Peace Coliseum corporate campus on Oct. 14, 2016. The 231,000-square-foot main office building is located on 19 acres of land at 799 West Coliseum Way in Midvale, Utah, which is part of the Salt Lake City metropolitan area.

Peace Coliseum was designed to appear from the air as a peace sign (due to the indoor and outdoor pathways intersecting its circular layout), and to appear from ground level as a corporate glass-and-concrete version of the Roman Coliseum.

The building features a state of the art data center, an auditorium and a gourmet café with locally sourced healthy food options. The open-air center of the building has gas fire pits and year-round outdoor seating, with a coffee and juice bar enclosed in the building’s nucleus.

In discussing the building’s design, Overstock.com Founder and CEO Patrick M. Byrne said, “Peace Coliseum manifests the duality of our enterprise. The peace sign represents the caring attitude we extend to our colleagues, clients and community, while the coliseum representing the toughness of our bold capitalist spirit.”

A separate amenities building houses a fitness center, daycare and an employee health clinic. Other features of the Overstock.com campus include park-like landscaped space encircled by a running/walking path, and a covered parking structure. Adjacency to a Utah Transit Authority TRAX light rail and bus station makes it exceedingly convenient for employees to utilize public transportation. The project was completed on-budget at a cost of just under $100 million.