The 150,000-sf development, slated for a fourth quartergroundbreaking, will be situated on 10 acres at the intersection ofInterstate 75 and Turfway Rd. The property is one of severalsurrounding holdings that accompanied the purchase of theCincinnati Turfway Park bought about two years ago by the Harrah'sreal estate subsidiary, Keeneland, Lexington, KY, Thoroughbreds andanother entity, Jeff Stidham, vice president of Koll's southwestregion, told GlobeSt.com. The site is strategically located in theheart of the Cincinnati/Northern Kentucky commercial corridor, oneof the nation's fastest-growing commercial and industrial regions.It also is positioned close to the Greater Cincinnati InternationalAirport.

"For Koll Corporate Development, the Harrah's project emphasizesthe organization's growing reputation as a leading provider ofbuild-to-suit development services to America's largestcorporations," says Stidham, who is negotiating with severalprospective tenants. No deals have been signed to date.

Stidham says the project will help meet a growing demand forcorporate-tailored, state-of-the-art facilities. The structuretentatively is slated for completion by third quarter 2001.Peter J.Weiein, Harrah vice president of corporate development, says Koll'snational reputation in innovative build-to-suit office andindustrial campuses mortared his company's decision to team withthe 38-year-old Dallas development company.