Fort Wayne-based STAR Financial Bank has announced plans to build a $43 million corporate headquarters in the city’s downtown. The bank says construction of the two-tower, mixed-use building with a public parking structure will begin in the next few weeks.
The STAR Bank Building will include a 50,000-square-foot, seven-story tower and a 20,000-square-foot three-story tower.
“This is a special chapter in the STAR story. We aim to serve as an employer of choice in our communities, and we are thrilled to be able to build a new home for more than 220 of our dedicated employees in the heart of Fort Wayne,” said Kristin Marcuccilli, chief operating officer for STAR Bank. “It’s exciting to be part of Fort Wayne’s downtown transformation, and we look forward to the day we can share our new corporate headquarters with our customers and the community.”
The new buildings will be home to STAR Bank, an Ash event venue, and engineering consulting firm Just CM. Ash Brokerage Chief Executive Officer Tim Ash and Just CM are investing partners in the project.
The project has an estimated completion of early 2023.