Iconic design of credit union's headquarters will add to dynamic City
Centre and re-define work culture
SURREY, BC, Dec. 18, 2012 /CNW/ - Another innovative architectural design will soon be dotting Surrey's
cityscape with plans to build a new Coast Capital Savings head office
to be located next to the King George Skytrain Station.
B.C.'s second largest credit union has signed a contract with PCI
Developments Corp. for the construction and leasing of about 70 per
cent of the approximately 180,000 square foot, nine-story property,
with a targeted late 2015 completion date. Coast Capital's "Help
Headquarters", as the new head office will be known, will join
buildings like the Central City Tower and City Centre Library that have
established Surrey as the home for some of the province's most
groundbreaking modern architecture and an attractive location for
"Coast Capital is excited not only to continue its presence in Surrey,
but to further expand our business footprint in the city, with the
upcoming construction of our new City Centre head office," said Tracy
Redies, Coast Capital Savings president and CEO. "We went through a
meticulous and thoughtful selection process and of all the sites
explored, Surrey emerged as the best choice. Surrey was chosen not only
because it is the fastest growing city in the province and a top
destination for business, but also because of the longstanding
relationships we have built here over the years."
Redies said the fact that 70 per cent of Coast Capital's staff currently
working out of its Guildford head office and Central City
administration office live south of the Fraser River was also a key
consideration in the city's selection. Locating the head office near to
the King George Skytrain Station, a major transit hub, will also
provide excellent commuting options to staff, Redies added.
"Coast Capital Savings is an important partner for the City of Surrey,
helping us create employment and build a stronger city," said Mayor
Dianne Watts of Surrey. "The company has a long history of very
generously giving back to our community and helping us put on
world-class events throughout the year. I welcome employees to their
new home in City Centre, and I look forward to continuing our strong
partnership for many years to come."
Dan Turner, executive vice president, PCI Developments Corp., said Coast
Capital's new Surrey head office will be a LEED Gold Certified,
cutting-edge architectural concept by Musson Cattell Mackey
Partnership, designed to portray a dynamic and distinct visual and
physical representation of Coast Capital's brand. He said there are
plans for three further phases of commercial and residential
development on the site.
"PCI is very thrilled to work with Coast Capital on this exciting
project, showcasing innovative architecture that speaks to Coast
Capital's culture and the exciting future for Surrey's downtown,"
Turner said. "It's great to have Coast Capital Savings anchor this
mixed-used development, which will be a vibrant commercial hub and is
well located for transit access. With our long-term plan for phased
development of this site, we expect it will ultimately accommodate two
million square feet of office, retail and residential space."
Redies said Coast Capital deliberately wanted to move away from a
conventional head office concept for its new location and chose the
name Help Headquarters to align with the credit union's mission to provide "simple financial
help" to customers.
"In many ways, our new location will defy and re-define what a corporate
head office looks and feels like, both on the outside and the inside,"
Redies said. "To reflect our organization, we went for an innovative
and progressive design, while maintaining simplicity. The interior will
also be quite different, with no individual offices and more
collaborative work space."
Coast Capital's new headquarters, which will be shaped by the credit
union's promise to change the way employees feel about work, forever, will be the antithesis of a traditional corporate head office.
Intended to be a "cool place and space" for employees, the iconic
building will display a state-of-the-art, open-concept design aimed at
fostering collaborative work and innovation. It will include a daycare,
with preferential enrolment for children of staff; a roof-top lunchroom
and deck; a fitness facility and corporate university. As part of its
environmental features, Coast Capital's Help Headquarters will include expanded bike storage and showers for bike commuters as
well as plug-in spots for electric cars.
Coast Capital Savings Credit Union is Canada's second largest credit
union with total assets under administration of $13.5 billion, 475,000
members and 50 branches in the Metro Vancouver, Fraser Valley, and
Vancouver Island regions of British Columbia. Product innovations
include Canada's first free chequing account from a full-service
financial institution and the country's most flexible mortgage product,
the You're the Boss™ Mortgage, which was named 2010 Mortgage of the
Year by canadianmortgagetrends.com. Coast Capital offers one of
Canada's 10 Most Admired Corporate Cultures™. It is a member of
Canada's Best Managed Companies Platinum Club and an Imagine Canada
Caring Company. To learn more, visit www.coastcapitalsavings.com.
Note to media: Attached are artist's renditions of Coast Capital's planned Surrey
City Centre head office. Final design is subject to City approval.
Image with caption: "An artistic rendition of Coast Capital's planned new head office in Surrey (CNW Group/Coast Capital Savings Credit Union)". Image available at: http://photos.newswire.ca/images/download/20121218_C2030_PHOTO_EN_22052.jpg
Image with caption: "An artistic rendition of Coast Capital's planned new head office in Surrey (CNW Group/Coast Capital Savings Credit Union)". Image available at: http://photos.newswire.ca/images/download/20121218_C2030_PHOTO_EN_22053.jpg
SOURCE: Coast Capital Savings Credit Union
For further information:
Divine Agodzo, manager, media relations, Coast Capital Savings