Western Union Moves to New Global HQ
- Dec 06, 2018
Saying it expects to make a long-term economic impact of more than $300 million over the next decade in Denver, Western Union Co. has completed relocating its global headquarters and more than 1,300 employees from Englewood, Colo., to two office buildings in the city’s Tech Center district, including One Belleview Station.
“As the centerpiece of our worldwide operations, our new headquarters reflects the company’s ongoing transformation, with a state-of-the-art workspace that promotes collaboration, innovation and sustainability,” Hikmet Ersek, president & CEO of Western Union, said in a prepared statement. “The move to this dynamic city marks another milestone in the significant, long-term commitment we made one year ago, to reinvest in community and people, further strengthening our roots in Denver.”
The 155-year-old company, a leader in cross-border and cross-currency money movement, has two locations in Denver with a combined square footage of approximately 350,000 square feet. Shuttles will transport employees between the two sites—7001 E. Belleview Ave., the address of One Belleview Station where Western Union is the anchor tenant with 249,552 square feet, and 7979 E. Tufts Ave., where critical business operations will be conducted.
In June 2015, Prime West broke ground on the 15-story Class AA office building next to the Denver Tech Center and near the Belleview light rail station and completed construction two years later. According to the Colorado Real Estate Journal, the company sold One Belleview Station to Ramrock Real Estate in April for $152 million.
Designed by Gensler and developed in collaboration with Goldman Sachs, the property is part of the 42-acre Belleview Station master plan combining office, housing and retail space. The facilities have upgraded features including advance conferencing and communication technology, innovation labs, ergonomically designed furniture and digitally enabled, self-checkout micro markets. The building, which will bear the Western Union name, is fully leased now.
First established in the early 1970s, the Denver Tech Center has evolved into an employment and economic hub. Among the corporations with headquarters in the DTC are Comcast, Dow Joes & Co., EchoStar Communications, JP Morgan, Merrill Lynch, Morgan Stanley, Nissan and PepsiCo.
Western Union will be working with Boulder, Colo.,-based Techstars to run a mentorship-driven accelerator program and provide seed funding for about 30 early-stage international start-ups to be based out of the new headquarters and be mentored by the company’s leadership team.
Images courtesy of Western Union Co.