Economy and Finance

Coast Capital to lease new Surrey headquarters


Wed Dec 19, 2012 10:00am PST

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

Tags: Tracy Redies, Surrey, Coast Capital Savings Credit Union



Things You Might Like »

Articles

Columns

Lists & Data


Comments »


NOTE: In order to comment, you must be a registered BIV.com user and be logged into your user account. If you do not have a BIV.com account, you may register here. If you have one of the following accounts: Google, Facebook, Twitter, Yahoo, OpenID, you are also able to comment, just click "Post as" button and then log into one of these services via Disqus.

blog comments powered by Disqus

Featured Video


Popular News



Upcoming Events