FREMONT, Calif., Could 18, 2021 /PRNewswire/ — Fremont Financial institution, one among California’s oldest, impartial, family-owned and managed banks, introduced at this time that it’s breaking floor on a brand new 34,000-square-foot headquarters location in Fremont, Calif. The constructing will home its principal department monetary heart, together with government, administrative, and basis employees. The state-of-the-art constructing will likely be a outstanding function of the downtown Fremont revitalization mission, and a tangible illustration of the neighborhood financial institution’s ongoing dedication to the Tri-Metropolis and surrounding areas.
Fremont Bank executives and neighborhood leaders will kick off the development mission throughout a groundbreaking occasion on Thursday, Could 20. The six-story construction at 39150 Fremont Blvd. is predicted to be accomplished by fall 2022. Key options will embody:
– All-glass frontage
– A two-story grand corridor
– Particular electrochromic glass – tintable glass managed by fuel – on two sides
– Satellite tv for pc dish on the roof will document ambient mild and the solar’s place
– Distinctive “fins” on the facade will present visible curiosity and in addition work in live performance with the electrochromic glass for solar management because the solar tracks across the constructing
– Changeable, coloured LED lights on the fins
– 1,500-square-foot backyard rooftop leisure area with kitchen and bar
– Placing rooftop trellis seen from the road
The construction, a key element of the downtown Fremont revitalization mission, replaces the financial institution’s earlier headquarters, situated on the identical web site and lately torn down. Quickly, the modern constructing would be the anchor of future business companies together with housing on the nook of Fremont Blvd and Capital Ave. Fremont Financial institution is working with native business contractor C. Overaa & Co., based mostly in Richmond, Calif.
“Fremont Financial institution’s wealthy historical past with the Bay Space began proper right here in Fremont in 1964, and we have grown to 21 branches throughout Northern California. This new headquarters is an extension of our long-term dedication to offering our neighbors with the very best neighborhood banking choices,” mentioned Michael Wallace, Fremont Financial institution’s Board Chairman. “Throughout this unprecedented time in our international historical past, many banks are shuttering branches and shedding staff as a result of pandemic. Conversely, Fremont Financial institution sees development alternatives as we proceed to help people’ and households’ monetary wants. This progressive constructing will stand as a testomony to our dedication to help native communities for years to come back.”
About Fremont Financial institution
Fremont Financial institution, based in 1964, has grown organically over the previous 55 years with 21 branches within the Bay Space. We provide a full suite of aggressive merchandise to satisfy the banking, borrowing, and investing wants of our private and enterprise purchasers. As an impartial neighborhood financial institution our contributions prolong effectively past banking providers. We’re energetic members within the communities we serve, proactively working to enhance total high quality of life via volunteerism and philanthropic contributions.
SOURCE Fremont Financial institution