Little Caesars® Pizza Doubles Down on Detroit

Iconic Detroit-born Business to Build New, Eight-Story, 205,000 Square Foot Global Resource Center

New Facility to Double Size of Little Caesars World Headquarters Campus in Michigan's Largest City

News provided by

Little Caesars; Ilitch Holdings, Inc.

Dec 10, 2014, 11:35 ET

DETROIT, Dec. 10, 2014 /PRNewswire/ -- Twenty-five years after moving its headquarters from the suburbs to Detroit's Fox Office Center, Little Caesars is building a brand-new 205,000-square-foot Global Resource Center, expanding its world headquarters campus in Detroit to more than twice its current size.

2014 conceptual rendering of Little Caesars World Headquarters Campus in The District Detroit

2014 conceptual rendering of the Columbia Street neighborhood in The District Detroit

The new Little Caesars Global Resource Center, to be built on Woodward Avenue at Columbia Street, is Detroit's first newly constructed corporate headquarters building in more than a decade and only the seventh since 1950. To support the diverse needs of its employees, the Ilitch organization will also completely renovate the 186,000 square foot Little Caesars Fox Office Center into a modern, flexible, open and collaborative workspace.

When Mike and Marian Ilitch decided to relocate Little Caesars from the Detroit suburb of Farmington Hills to Detroit 25 years ago, it was a bold move. At the time, companies were moving out of Detroit, not moving in. The Ilitches restored the Fox Theatre as one of the most majestic theaters in the world and refurbished the Fox Office Center for their companies.

"Mike and Marian Ilitch, the founders and owners of Little Caesars Pizza, have always worked to provide the very best for our employees, our customers, our city and our state," said Christopher Ilitch, President and CEO of Ilitch Holdings. "This is another significant investment in our people, our company and our community."

Little Caesars Experiencing Rapid, Ongoing and Global Growth

Since moving to the Fox Office Center in 1989, Little Caesars has experienced incredible growth and now needs expanded, new workspace that meets the evolving needs of employees and the business. Little Caesars is the largest carryout-only pizza chain in the world with locations in all 50 states and 17 international markets. It recently opened franchises in Australia and Panama with additional expansion taking place worldwide. As an exceptionally high growth company with more than 55 years of success in the nearly $135 billion* pizza industry, Little Caesars attracts and continues to look for highly capable franchisee candidates for new market opportunities domestically and throughout the world."

"We are excited to provide our employees, and the next generation of our employees, with new, expanded space to meet and interact, the most modern infrastructure and technologies, and world-class amenities," said David Scrivano, President and CEO of Little Caesars. "This state-of-the-art headquarters campus will create a collaborative workspace that helps us continue to attract, train and retain the top talent and franchisees we need to continue our explosive growth and better serve our customers around the world."

The new Little Caesars Global Resource Center will connect to the Fox Office Center by a pedestrian bridge. It will feature abundant windows to allow plenty of natural light into the building from Woodward Avenue and Columbia Street. Construction will begin in the spring of 2015 and is expected to be complete by the end of calendar 2016.

"This is a transformational time our city's history, and we're honored to continue contributing to the rebirth of our proud community," said Christopher Ilitch, President and CEO of Ilitch Holdings, Inc. "Detroit is not just our home, it is a great place to do business with a tremendous pool of people who have talent and heart. This city and its people helped make a single Little Caesars pizza shop into one of the world's largest pizza chains, and we hope our growth, commitment and continued investment will serve as a catalyst for others to call Detroit and Michigan their home."

Bringing Innovation, Technology and Jobs to Employees and Franchisees in Detroit and Globally

The design and workplace amenities will be determined by collaborative work groups of employees and architects over the next several months to ensure a flexible work environment that result in employee engagement, optimal communication and heightened productivity. Anticipated features of the new building and renovated space include:

Flagship Little Caesars Pizza store
Auditorium
Collaborative workspaces and meeting rooms
State of the art training facilities for franchisees, crew and employees
Innovation kitchens
Green space
Childcare facility
Expected LEED Silver

Ilitch companies currently employ nearly 7,300 people in the city of Detroit. The expanded Little Caesars world headquarters campus will allow for an additional 600 high-skill jobs to be brought to Detroit. With the construction of the new Global Resource Center, Little Caesars will provide world-class training, innovation and meeting space for the thousands of franchisees, suppliers and employees that visit the Detroit headquarters campus from around the globe each year.

Little Caesars Global Resource Center at the Heart of the District Detroit's Columbia Street

The Little Caesars Global Resource Center and headquarters campus will be part of the Columbia Street neighborhood in The District Detroit. The District Detroit will transform dozens of underutilized blocks between downtown and midtown Detroit into a world-class sports and entertainment district. It will connect existing and new development efforts in downtown and midtown Detroit along Woodward Avenue with five walkable, livable mixed-use District neighborhoods.

"As Little Caesars continues its extraordinary growth throughout the world, we remain proud to call Detroit our home," said Scrivano. "We want the millions of visitors to the District Detroit and our headquarters campus each year to know that we are an entrepreneurial Detroit and Michigan brand – born and bred. We're also thrilled to build an exceptional workplace for our employees that cements our position as a global leader in the restaurant industry, a place that allows us to fulfill our vision to be the most successful pizza chain in the world, right here in the heart of the city and the District Detroit."

For more information on the District Detroit, visit: http://www.DistrictDetroit.com.

Interview opportunities available upon request

About Little Caesars Pizza
Little Caesars Pizza, known for its HOT-N-READY® pizza and famed Crazy Bread®, is the largest carryout-only pizza chain in the world with locations in all 50 states and 17 international markets. Named "Best Value in America"** for the seventh year in a row, Little Caesars products are made with quality ingredients, such as fresh, never frozen, mozzarella and Muenster cheese, dough made fresh daily in every store and sauce made from California crushed tomatoes.

For franchisee candidates, Little Caesars is rapidly expanding in markets throughout the world, providing an opportunity for independence in a franchise system. In addition, Little Caesars offers strong brand awareness with one of the most recognized and appealing characters in the country, Little Caesar.

Little Caesars Pizza founders Michael and Marian Ilitch opened their first restaurant in Garden City, Michigan in 1959. In addition to Little Caesars Pizza, Michael and Marian Ilitch's companies in the food, sports and entertainment industries include: the Detroit Red Wings, Olympia Entertainment, Olympia Development, Blue Line Foodservice Distribution, Champion Foods, Ilitch Holdings, Inc., Uptown Entertainment, Little Caesars Pizza Kit Fundraising Program, and a variety of venues within these entities. Michael Ilitch owns the Detroit Tigers. Marian Ilitch owns MotorCity Casino Hotel. For more information about Little Caesars, visit www.LittleCaesars.com or call 1-800-553-5776

* 2014 Forecast from the 2015 Pizza Power Report is $134.734 Billion, source Euromonitor.
* "Highest-Rated Chain – Value for the Money" based on a nationwide survey of quick-service restaurant consumers conducted by Sandelman & Associates, 2007- 2013.

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SOURCE Little Caesars; Ilitch Holdings, Inc.