After years of planning, Vectra Bank moved into a new custom-built, nine-story headquarters in the Belleview Station area of the Denver Tech Center last week.
The local banking chain, a subsidiary of Zions Bancorporation in Utah, relocated its roughly 200 HQ employees to 7222 E. Layton Ave. on Jan. 9, according to the company.
“There are just a lot of positive things happening in this part of town,” said Dave Alleman, Vectra’s marketing director, during an interview and tour of the headquarters Tuesday.
Vectra bought an acre near I-25 and RTD’s Belleview Station in November 2020 and held a virtual groundbreaking ceremony the next month. The 120,000-square-foot interior was finished in December.
“We moved forward right as COVID hit, not knowing what the ramifications were going to be,” CEO Bruce Alexander said in his top-floor office. “But it really worked out for us.”
A Vectra bank branch and commercial retail space will fill the first floor beginning in March. A parking garage takes up floors 2-5 and office space is above that. Vectra occupies floors 6, 8 and 9 and will lease the 25,700-square-foot 7th floor to an undetermined tenant.
Along with tech-friendly amenities that will make remote work and teleconferencing easier, the new building has what Vectra calls “a few tricks up its steel beams.” The 5th-floor parking garage can be converted into office space if parking needs plummet and the entire building can be powered by electric if Vectra wants to move away from fossil fuels.
Vectra was previously headquartered in three separate Denver buildings, making collaboration inconvenient. Before the pandemic, the company searched for a new headquarters downtown and in the Denver Tech Center but found amenities lacking and rent too high.
“Our cost of capital is lower than a developer’s, so it was easier for us to justify building a new building,” Alexander said.
Because it was designed during the pandemic, the Vectra Bank Corporate Center emphasizes new technology, touchless doors and “Zoom rooms.” Vectra saved millions of dollars on supplies “by building when nobody else was building” in 2020, according to Alexander.
Vectra is the 10th-largest banking chain in the Denver metro area when ranked by deposits, according to Federal Deposit Insurance Corp. data released last September.
Just south of Vectra’s new headquarters, Denver-based Stonebridge Cos. is building a 20-story tower that will feature both hotel rooms and apartments.
After years of planning, Vectra Bank moved into a new custom-built, nine-story headquarters in the Belleview Station area of the Denver Tech Center last week.
The local banking chain, a subsidiary of Zions Bancorporation in Utah, relocated its roughly 200 HQ employees to 7222 E. Layton Ave. on Jan. 9, according to the company.
“There are just a lot of positive things happening in this part of town,” said Dave Alleman, Vectra’s marketing director, during an interview and tour of the headquarters Tuesday.
Vectra bought an acre near I-25 and RTD’s Belleview Station in November 2020 and held a virtual groundbreaking ceremony the next month. The 120,000-square-foot interior was finished in December.
“We moved forward right as COVID hit, not knowing what the ramifications were going to be,” CEO Bruce Alexander said in his top-floor office. “But it really worked out for us.”
A Vectra bank branch and commercial retail space will fill the first floor beginning in March. A parking garage takes up floors 2-5 and office space is above that. Vectra occupies floors 6, 8 and 9 and will lease the 25,700-square-foot 7th floor to an undetermined tenant.
Along with tech-friendly amenities that will make remote work and teleconferencing easier, the new building has what Vectra calls “a few tricks up its steel beams.” The 5th-floor parking garage can be converted into office space if parking needs plummet and the entire building can be powered by electric if Vectra wants to move away from fossil fuels.
Vectra was previously headquartered in three separate Denver buildings, making collaboration inconvenient. Before the pandemic, the company searched for a new headquarters downtown and in the Denver Tech Center but found amenities lacking and rent too high.
“Our cost of capital is lower than a developer’s, so it was easier for us to justify building a new building,” Alexander said.
Because it was designed during the pandemic, the Vectra Bank Corporate Center emphasizes new technology, touchless doors and “Zoom rooms.” Vectra saved millions of dollars on supplies “by building when nobody else was building” in 2020, according to Alexander.
Vectra is the 10th-largest banking chain in the Denver metro area when ranked by deposits, according to Federal Deposit Insurance Corp. data released last September.
Just south of Vectra’s new headquarters, Denver-based Stonebridge Cos. is building a 20-story tower that will feature both hotel rooms and apartments.