Deerfield Township, Ohio -- Design-build developer Kiesland Ltd. has embarked on a four-building project in the Governors Pointe North park that it hopes offers flexibility for small to medium office-warehouse tenants.
Called Venture Corporate Center, the multimillion dollar project is offering units from 3,000 to 15,000 square feet for sale or lease.
The two-story tall Class A spaces can accommodate offices or showrooms in front and warehouse, research and development or light assembly space in back. The building's 21-foot ceiling height, gives owners the option to add an mezzanine above for additional office space as the business expands, said Rick Seaver, Director of Project Development for privately held Kiesland.
"We're a smaller developer, so we have to set ourselves apart from the bigger firms," said Seaver. "This type of office-warehouse flex space is fairly common in California and Florida were land costs three times what it does here."
The Class A space priced at $98 a square foot will be finished to clients' requirements. The nine-acre site is just east of Procter & Gamble Co.'s Health Care Research Center.
Kiesland got zoning approval from Deerfield Township a year ago and completed financing through Integra Bank last fall, right before the national credit crunch hit.
With winter approaching, the company decided to wait until now to begin construction on the first 15,000 square-foot speculative building, Seaver said.
Kiesland plans to locate its corporate office from Sharonville to the new building, off Duke Boulevard , when it is completed this year. The first phase of the project calls for two 15,000 square-foot buildings and two 12,500 square-foot buildings in the second phase.
Kiesland will seek U.S. Green Building Council 's Leadership in Energy and Environmental Design (LEED) silver certification for the buildings, said Seaver, who earned LEED Professional Accreditation this year to pursue the green building certification. The firm believes the project will be the first Silver LEED certified office/ warehouse project in Warren County.
The project will incorporate a variety of green building features such as environmentally friendly building materials, high-efficiency irrigation systems and design features to improve energy efficiency.
"Green building isn't going away," said Seaver.
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