Skip to main content

Preferred site identified for bank's new Adelaide HQ

3 November 2010 |Media centre

Bendigo and Adelaide Bank today announced its search for a new corporate head office in Adelaide has progressed with a preferred site now identified.

Discussions with a developer will now commence and continue over the coming months in an effort to negotiate a suitable outcome for the bank and its staff.

The location under consideration is the existing Harris Scarfe site on Grenfell Street, with preliminary building concepts boasting an environmentally-friendly design.

The bank will not own the final building development, instead opting to enter into an agreement to occupy the proposed building in the heart of Adelaide’s commercial and retail precinct.

Bendigo and Adelaide Bank Chairman, Robert Johanson, said beginning discussions with the developer of this site, Pacific Group and EPC Partners, was based on delivering the right solution for employees, customers, shareholders and the city of Adelaide.

“The proposed new site will have prominence across Adelaide’s cityscape, and its proposed innovative design would demonstrate the bank’s strong commitment to these groups,” Mr Johanson said.

Bendigo and Adelaide Bank’s Executive, Corporate Resources, Stella Thredgold, said the proposed development will reaffirm the bank’s corporate profile in the city as well as providing Adelaide with an innovative 5 star greenstar architectural design.

“Progressing to this next stage means we are now able to begin preliminary discussions and work together to incorporate detail in the design of the proposed new building to ensure the right solution can be delivered,” Ms Thredgold said.

“The planned site will accommodate about 1000 employees from three locations in Adelaide, providing our staff with a well-designed office environment which encourages greater productivity for our organisation and enhances a one team environment for our Adelaide employees.”

The bank owns its current Adelaide head office in Pirie St and has called this base home since 1988.

Following execution of the final documentation with the preferred site, the bank will then consider all viable options for its current offices in Pirie Street.

Related Topics

Bendigo and Adelaide Bank acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of this nation and the Traditional Custodians of the land where we live, learn and work. We pay our respects to Elders past and present as it is their knowledge and experience that holds the key to the success of future generations.

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

© Copyright 2024 Bendigo and Adelaide Bank