The ‘Pierce Point’ $10 million development project in Pierce Township got underway with a bang Oct. 3.

Demolition of the existing structures on the 11 acres of prime real estate, located on West Ohio Pike (S.R. 125) at the intersection of Bach-Buxton Road, commenced after owners Joe and Pat Perin decided to get “re-energized” and go into the land developing business.

The anchor, or first tenant of the new county development, will be the Pierce Point Cinemas. The ten-screen cinema complex, which will be a state-of-the-art theater (complete with stadium seating and rocking love seats), will hold a groundbreaking ceremony early next month with a grand opening scheduled for early Spring 2008.

The rest of the large parcel of property will be divided into six outlots that the Perins’ are hoping will attract prestigious restaurants, retail shops, and other businesses.