Citizens to Build New R.I. Corporate Campus for 3,200 Workers

Citizens Financial Group will build a new office complex in Johnston, R.I., and consolidate about 3,200 workers at the location.

The $138 billion-asset company will shift workers from its Cranston, R.I., office to its new corporate campus in Johnston, according to a Wednesday news release. Citizens' headquarters will remain in Providence.

Design plans for the Johnston campus include 420,000 square feet of office and meeting space, executive offices and a call center, as well as dining, fitness and retail facilities for staff. Citizens plans to begin construction later this year, with occupancy projected for late 2018, as the Cranston location's lease will expire then.

The company did not provide an estimated cost for the project or indicate why it chose Johnston for its new location.

The campus will be located on an undeveloped parcel on Interstate 295 in Johnston and the project will include the constructing a new freeway exit. Citizens will split the cost of the new freeway exit with the Rhode Island Department of Transportation.

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Community banking CRE Rhode Island
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