Skullcandy relocating its headquarters to Park City Tech Center
September 11, 2015
Park City-based Skullcandy announced on Friday it will relocate its headquarters to a new site at the Park City Tech Center.
Skullcandy, which specializes in items like headphones and speakers, revealed its plans on Friday at the property. The site is located behind the building housing a Park City Chamber Bureau visitor’s center, 1794 Olympic Parkway. The building will be the second one constructed as part of the development along State Road 224.
The announcement was attended by representatives of developer The Boyer Company, Skullcandy President and CEO Hoby Darling, founder Rick Alden and dozens of employees. Darling signed the lease after the announcement to applause and cheers.
"This is where we’re from and where we’re going to be," Darling said in an interview with The Park Record. "I came in about three years ago and we made a big decision right when I came on and said this is where we want to be. This is the culmination of that dream. We are so tied in to this community and we’re just super-stoked to be committed to it."
The Skullcandy headquarters is in a multi-tenant building in Newpark, occupying the main and middle floors. It has been there for nearly 10 years.
The new space will be entirely housed by the business and will provide an additional 15,000 square feet for the 170 staffers. The scheduled move-in date is February 2017.
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"Looking into the future, we will literally outgrow this space," said Karli Geddes, manager of retail development for Skullcandy. "We are busting at the seams."
Spaces for a new location had been considered in the Sugar House district of Salt Lake City, Geddes said. However, representatives of the company decided to stay in Park City.
"The company itself started in 2003 out of Rick’s garage at the Canyons," Geddes said. "A big driver and pusher for our culture as a brand is kind of the action sports like snowboarders, skateboarders and cyclists and being in the epicenter of that. Going to a city wasn’t going to give us that culture."
Renderings of the planned building were shown at the event. As part of the Boyer Company development, the project will go before the Summit County Planning Department to receive approvals and eventually the Snyderville Basin Planning Commission.
Ground could break on the building as early as the spring, said Dave Allen, senior project manager for the Park City Tech Center.
"Skullcandy is a great company and we’re excited to have an additional tenant and be able to kick off a new building," Allen said.
The only building at the site was finished in 2011. The impacts of the recession slowed development at the site and it’s been difficult recruiting businesses to occupy the space, Allen said.
"We’ve been continuing to work with Summit County to come to an agreement to what uses and types of companies are allowed there," Allen said. "That has certainly impacted and delayed our ability to get some companies here as did the economy. Hopefully we will continue in the next 12 months to resolve that with the county."
Allen said the relocation of Skullcandy could "definitely help" attract future companies to the site and mentioned that conversations are taking place with some potential tenants that would be involved in a future building. Allen didn’t identify them.
"We are contemplating that next spring, in addition to breaking ground for Skullcandy, we may break ground on another building," Allen said. "Skullcandy’s commitment to the area and the business park will help other companies that either work with them, are related to them, or just want to see this is a great place. I think this will help this site."
Jeff Jones, Summit County economic development director, said relocating in the tech park will create increased visibility and new marketing opportunities for the site, in addition to the impact on the local work force.
"In the long run it’s going to depend upon whether or not there is demand for this type of space," Jones said. "But we are excited about their decision to relocate in the county. All my data shows that 80 to 85 percent of all new employment growth comes from existing companies and so we like to do our part to support them where we can."