Pearl Izumi will have a grand opening and ribbon cutting event at its new headquarters here on Sunday.

The new 55,000-square-foot facility is adjacent to the brand's previous location in Louisville. The company said it features a "world-class design and development center that reflects the company's Japanese heritage, showcases a commitment to the product development, and provides a creative workplace to explore and inspire new ideas and innovation."

The building uses natural materials chosen to integrate the building into the natural landscape and the facility's Rocky Mountain views.

"This new facility is a true expression of the active culture, outdoor enviornment and athletic lifestyle Pearl Izumi promotes," said Cache Mundy, vice president of product and development.? "The brand has had a presence in Colorado since 1981, so it is exciting to see the company move into a new world-class facility that will help inspire creativity, serve as a world-class space for our employees and provide easy access to the outdoors."

Three architectural agencies worked together to create the new headquarters design. Amenities include a fitness room, an employee living room, collaboration spaces, break areas, bike room, full men's and women's locker rooms, a protected courtyard, porches and an outdoor amphitheater that will extend the social and work space to the outdoors.

Pearl Izumi is a subsidiary of Shimano American. The grand opening will include comments from Jim LaFrance, the executive vice president of Shimano American Corp., and Hiro Shimano. Louisville's mayor, Bob Muckle, will conduct the ribbon cutting, which will be followed by a ceremonial blessing from local Native American Leon Joseph Littlebird.

The event will begin at 6 p.m. at 101 South Taylor Street in Louisville.