Space Coast Credit Union Breaks Ground On Melbourne Headquarters Expansion Project
By Space Coast Daily // June 26, 2015
Multi-Year Phased Project Includes Three New Buildings, Parking Garage
BREVARD COUNTY, FLORIDA – Space Coast Credit Union hosted a special ceremony this week to commemorate the groundbreaking of its $30 million headquarters expansion project to support its continued growth.
The $3.4 billion credit union is the third largest credit union in Florida serving more than 300,000 members with 58 branches spanning Florida’s east coast, from Flagler to Miami-Dade counties.
Construction will begin with a new 500-vehicle parking garage, with the first phase of the expansion project set to be completed in the first quarter of 2016.
The improvements include three new building additions to the existing headquarters building located at 8045 N. Wickham Road in Melbourne.
Space Coast Credit Union has more than 750 employees in total and the headquarters currently houses over 300 full-time employees. The new building expansions will allow the credit union to add up to 600 new jobs over time and will also include significant improvements to traffic patterns along busy Wickham Road.
“Space Coast Credit Union has grown with our communities for over 60 years, but since 2009 when we expanded to serve members in South Florida our growth has outpaced our facilities in which our employees work to serve our member-owners,” said Doug Samuels, CEO and President of Space Coast Credit Union.
“Our strong growth has accelerated our need for additional staff and space so we can meet the evolving needs of our membership. We’re pleased that we can expand and keep our headquarters at the current location, where we enjoy a rich history and strong ties.”
In addition to the Melbourne headquarters, the credit union has an operations facility in Miramar, Florida with nearly 100 employees, plus a network of 58 branches.
The credit union anticipates its growth will also create increased staffing needs at its South Florida operations facility, and it recently opened three new branches in Volusia, Brevard and Broward counties, with plans for more locations in the future.
Melbourne-based Building Management Systems has been contracted to lead the project. The general contractor is locally owned and has been operating in the community for more than 30 years.
“We have been honored to be part of the growing Space Coast Credit Union team for many years,” said Doug Padgett, CEO and Chairman of the Board for Building Management Systems, Inc.
“The relationship and dedication to conservative stewardship of member resources has proven to be a win-win relationship for both entities. We are pleased to take part in a local project that will enrich our local community economy and bring new jobs to the Space Coast. We are also excited to lead this headquarters expansion effort while including many Brevard County vendors and contractors.”
For more information about Space Coast Credit Union log on to SCCU.com