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Old Posted Jul 15, 2013, 2:18 PM
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Oak City
Join Date: Apr 2003
Location: Raleigh
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Raleigh's SECU building nearing completion

Photo credit Leo Suarez via Flickr

The SECU (State Employees Credit Union) building is nearing completion in downtown Raleigh.

When the $45 million, 12-story building is completed in early 2013, it will have close to 76,000 square feet available for lease overlooking the state museums and government buildings along Salisbury and Jones streets.

The Salisbury Street building is expected to set a new bar for rental rates in downtown Raleigh, with rates starting at $30 a square foot. SECU is seeking gold-level LEED certification for the building based on U.S. Green Building Council guidelines.

Raleigh-based SECU, the nation’s second largest credit union with 1.7 million members and $23 billion in total assets, is building the 240,000-square-foot, glass-paneled mid-rise with money from its operations and using no debt, says SECU spokeswoman Leigh Brady.

Once complete, SECU will move about 80 of its financial advisory services employees into the building on the sixth and seventh floors.
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