UCCU breaks ground on new building 1
Westland Construction has been awarded the contract to construct the new headquarters for UCCU.
Ninety-eight feet high, the Utah Community Credit Union building headquarters will have reflective glass on the exterior so passersby can see the expansive view that is seen of the valley below. Completion is scheduled for 2016 and the design allows for 68,000 square feet of office space as well as underground parking.
Construction has started. To see updated photos click here .
June 24, 2014 1:00 pm • Cathy Allred Daily Herald
LEHI — Utah Community Credit Union officials celebrated the groundbreaking of its new Lehi Pointe headquarters on Tuesday. Completion of the project is scheduled for 2016. The seven-story design allows for 68,000 square feet of office space as well as 45,000 square feet of underground parking.
UCCU purchased the property for its expansive view. It was a wise strategic move because the location, according to the general consensus of the speakers during the program. The site is just south of the Porsche-Audi dealership currently under construction east of Interstate 15 and south of the Timpanogos Highway. “I’m excited to be a part of this great new area that exists. Lehi is changing from a farmland into a Silicon Valley, so to speak, and each year 1.75 million people visit Thanksgiving Point. I thought that was pretty incredible,” said Teri Chatterton, UCCU board chairwoman. One out of every 14 flash memory cards in the world are produced right here in Lehi, she said.
“We have a claim to fame,” she said, pointing out that the Lehi Adobe campus has 900 employees working there. “With a hospital being built right here, we thought that Utah Community Credit Union would fit right into this new Silicon Valley. UCCU is also a technology leader in the financial industry,” Chatterton said. Some of those technology milestones were being the first financial institution in the state to offer debit cards in the early 1980s, the first to offer in-home banking in the ‘90s, and most recently offered scanner zip code reader technology. Jeff Sermon, the credit union’s CEO, reminisced about UCCU’s humble beginnings. “They started in 1955 with a whopping $35 in assets,” Sermon said of the seven founding members. Currently, UCCU’s assets are $930 million and more than 120,000 members.
UCCU will house the first two floors and the remaining floors will be Class A office space. Ninety-eight feet high, the building will have reflective glass on the exterior so passersby can see the expansive view that is seen of the valley below. “You are setting a high precedence with this amazing building. It’s beautiful,” Lehi Area Chamber President Mark Welcker said.
The architect for the project is Kevin Scholz & Associates and the general contractor is Westland Construction. “This building will really be one of the most dramatic statements that you will see along I-15 here, and that is due to the credit union’s vision of what it is that they are all about,” said Kevin Scholtz, Scholtz and Associates.
Cathy Allred is north Utah County reporter for the Daily Herald and can be reached at email@example.com.