Blue Federal Credit Union staff broke ground on the organization’s new Cole Shopping Center headquarters Saturday, celebrating with live music and fireworks.
Dozens of regional business leaders, Blue members and neighborhood residents said the campus-style facility, now officially under construction, will dramatically improve the vacant space at Pershing Boulevard and Converse Avenue.
“This is a gigantic blight right in the center of our city,” said Cheyenne City Councilman Rocky Case. “The positive economic impact we are going to have from this project is not only short term from construction, but long term from the jobs that are going to come here. This is a huge win.”
Representatives announced plans to redevelop the Cole Shopping Center in November, demolishing existing infrastructure to build the group’s first and only corporate headquarters. The main building will house approximately 170 employees, with a 400-person capacity as the company grows. Existing office employees now dispersed among local branches will move to the new location.