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Friday, August 08, 2003
Capella seeks space to double work force - Mark Reilly and Scott D. Smith, The Business Journal
Seeking to keep apace of a booming industry, Capella Education Co. is preparing to double its work force and beef up its marketing efforts. The company, one of the pioneers in the online education sector, wants to replace or significantly expand its headquarters in downtown Minneapolis. It also has launched a national advertising campaign to establish its brand identity. Capella now leases roughly 91,000 square feet on four floors of the Campbell Mithun Tower, but it's started a search for as much as another 100,000 square feet to accommodate its growth over the next two years. Company officials declined to detail their growth plans, but real estate sources said Capella was looking to double its employment, now greater than 400.
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