Coast Capital to lease new Surrey headquarters

Coast Capital Savings has committed to leasing 126,000 square feet of a planned nine-storey building to be built by PCI Developments Corp. near Surrey’s King ...

Coast Capital Savings has committed to leasing 126,000 square feet of a planned nine-storey building to be built by PCI Developments Corp. near Surrey’s King George Skytrain station.

That amounts to 70% of the 180,000-square-foot, nine-storey building.

Coast, Canada’s second largest credit union, expects the building to be complete by 2015.

“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 Coast’s president and CEO Tracy Redies.

Redies added that about 70% of Coast’s staff who currently work in the company’s Guildford Town Centre head office and Central City administration office live south of the Fraser River.

Coast has 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 B.C.

gkorstrom@biv.com

@GlenKorstrom

comments powered by Disqus

Also Read

More From Economy

Analysts have further downgraded their expectations for economic growth in Canada  

Read Article

Unlike a box of Timbits, the proposed merger between Burger King and Tim Hortons won’t be a sweet deal for Canadians, according to a new ...

Read Article

Hundreds of people in the district of Tumbler Ridge lost their jobs in a rash of mine closures this year. But the town’s exact rate ...

Read Article

The average weekly earnings for workers in B.C. was $900 in August, according to Statistics Canada data released October 30, which represents ...

Read Article

Transactions across Canada at their lowest levels in five years

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

* You can modify your newsletter subscriptions at the bottom of any newsletter you receive.
×