RALEIGH, N.C. – In one of the biggest credit union projects ever, State Employees' Credit Union is planning a 12-story office building, expanding its presence near the State House, where many of its 1.5 million members work.
The 240,000-square-foot building would include a six-story, 177-space parking deck, with a credit union branch and about 77,500 square feet of offices that will be reserved for potential renters. Current plans call for the offices to be topped with several dozen extended-stay hotel rooms.
The credit union, which serves 1.5 million-member at 224 branches throughout the state, plans to occupy a 13,000-square-foot branch in the new building and rent out the excess until it can grow into it. Plans call for a groundbreaking this fall.
The project would replace the credit union’s current 15,000 square-foot home, built in 1962.
