COLORADO SPRINGS, Colo.–Ent Credit Union has announced plans to develop a new, 300,000-plus square-foot headquarters in northern Colorado Springs on more than 20 acres of land at The Campus at Foothills Farm, a La Plata Communities development near I-25 and Interquest Parkway.
With the new facility slated to open in 2021, Ent said the headquarters will support the growth of its back-office staff from approximately 500 employees to as many as 1,100 over the next seven to 10 years. The headquarters will house Ent’s centralized operations, including call center, consumer and mortgage lending, information technology, finance and accounting, human resources, member experience, administration and executive teams, among others. Currently, Ent said it owns and leases space for its back-office operations at its current headquarters, which spans three buildings at I-25 and Woodmen Road in Colorado Springs.
The $5.46-billion Ent said the new headquarters project is a collaborative effort between itself, land developer La Plata Communities, development manager Shea Properties, general contractor GE Johnson Construction Co., core and shell architect, Davis Partnership Architects, and interior design architect Acquilano.
“Development of a new headquarters is part of Ent’s long-term strategy to provide exceptional service to its members and employees as the credit union continues to experience strong membership and asset growth,” the credit union said.
Strong Membership Growth
Ent reported that during 2018 membership grew by 11.4%, with the credit union now serving more than 336,000 members throughout Colorado. The credit union added six new service center locations along the Front Range in 2018, including the Promenade location near The Outlets at Castle Rock and its newest location inside the Park Meadows Mall.
In October of 2018, the state of Colorado’s Division of Financial Services approved the addition of six Colorado counties to the credit union’s field of membership. The newly approved counties include Adams, Boulder, Broomfield, Elbert, Larimer and Weld Counties.
“Although we have more than 30 service centers located along the Front Range, Colorado Springs has been the home of Ent’s headquarters for more than 60 years,” said Ent’s CEO, Chad Graves. “Maintaining our credit union’s headquarters in Colorado Springs is an investment in the long-term economic health and vitality of the city that we’re proud to call home.”
Plans to break ground on the development are slated for mid-2019.