Vectra Bank moves into new HQ in Belleview Station

The Vectra Bank Corporate Center is at 7222 E. Layton Ave., next to RTD’s Belleview Station in the Denver Tech Center. (Vectra Bank photos)

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.

A staircase connects the 8th and 9th floors of the Vectra Bank Corporate Center at 7222 E. Layton Ave. in the Denver Tech Center. (Vectra Bank photos)

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.

The Vectra Bank Corporate Center is at 7222 E. Layton Ave., next to RTD’s Belleview Station in the Denver Tech Center. (Vectra Bank photos)

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.

A staircase connects the 8th and 9th floors of the Vectra Bank Corporate Center at 7222 E. Layton Ave. in the Denver Tech Center. (Vectra Bank photos)

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.

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Commercial Real Estate

Editor's Picks


Deprecated: File Theme without comments.php is deprecated since version 3.0.0 with no alternative available. Please include a comments.php template in your theme. in /wordpress-versions/6.3.4/wp-includes/functions.php on line 5653

Comments are closed.