On Wednesday, July 25, Cape Cod 5 Trustees and Senior Management, along with the Bank’s building partners and construction team, gathered to celebrate a major construction milestone for the Bank’s new campus on Route 132 in the Town of Barnstable – the topping-off of the building’s steel structure.
“This milestone is a significant moment in the life of Cape Cod 5 as we look forward to the Bank’s future and the new opportunities we will have to further serve our customers and communities,” said Dorothy A. Savarese, President and CEO of Cape Cod 5. “Our new campus will offer expanded capabilities – advanced technology, collaborative innovation, increased efficiencies and the enhanced ability to adapt to our customers’ diverse needs – while enabling us to continue providing exceptional, personal service.”
Savarese continued, “It is only fitting that the final steel beam is structurally located over the south end of the building where the Community Room will reside – a forever symbol of the Bank’s Community Commitment and our dedication to serving as our customers’ trusted financial partner and contributing to the strength and vitality of our communities.”
Prior to the beam being placed, Cape Cod 5 Trustees, Senior Management and employees, as well as members of the construction team, signed the beam to leave their permanent mark on the Bank’s future home, and the logos of Cape Cod 5 and its lead building partners Dellbrook/JKS and Brown Lindquist Fenuccio & Raber Architects, Inc. were imprinted on the beam in recognition of the collaboration between the three companies.
The campus is being constructed on the over 11-acre Bank-owned property on Route 132 and Attucks Lane in Hyannis and includes an environmentally sensitive 80,000 square foot building designed to be energy efficient, along with an existing 12,000 square foot building which will include a Banking Center. The new building will consolidate approximately 300 employees who are currently working in multiple administrative offices. Construction is expected to be completed in the second half of 2019.
About Cape Cod 5
Founded in 1855, Cape Cod 5 is an independent state-chartered savings bank with over $3.3 billion in assets. Through its 24 offices, Cape Cod 5 offers a broad range of financial products and services to customers living on Cape Cod, Martha’s Vineyard, Nantucket and in Southeastern Massachusetts communities. Services include consumer and commercial banking products; residential mortgages; investment management and trust services. Member FDIC