BUSINESS + ECONOMY
Zions Bancorporation opens new technology campus in Midvale
Jul 15, 2022, 2:15 PM | Updated: Aug 2, 2022, 10:34 am
Zions Bancorporation held a ribbon-cutting opening ceremony for its new technology campus in Midvale. Photo credit: Zions Bancorporation.
SALT LAKE CITY — Zions Bancorporation held a ribbon-cutting ceremony Friday to commemorate the opening of its new 400,000-square-foot technology campus.
Located in Midvale, the campus will be Zions Bancorporation‘s primary technology operations center. According to a press release, the site will serve Zions’ affiliate banks in 11 western states and several national lines of business.
“Zions Bancorporation has long been known within the banking industry for its financial technology innovations, and in recent years we have been making industry-leading investments in our core banking systems while also investing heavily on digital banking capabilities,” said Zions Bancorporation Chairman and CEO Harris H. Simmons in a press release. “We believe this new campus will spur even greater innovation and operational effectiveness while materially reducing our overall occupancy expense.”
With the opening of the new technology campus, Zions has hired approximately 1,500 employees. The two-year construction of the building also employed an additional estimated 1,500 people.
To accommodate all these employees, the building features a plethora of amenities. According to the press release, these amenities include workspaces that maximize natural light and views, a large café featuring a healthy menu, bike lockers, an adjacent community park with pickleball courts, sharable e-bikes, a community garden and proximity to the Historic Gardner Village light rail station.
In addition to all of this, the building has 181 electric vehicle charging stations — the most in one location throughout the state of Utah, according to the press release — and 2,000 solar panels, producing 75% of the campus’s electricity on site. The campus also features artwork commissioned by local artists Jann Haworth, Brian Kershisnik and Matt Monsoon.
Zions Bancorporation giving back
At the ribbon-cutting ceremony, donations were made to various organizations.
Chairman and CEO Simmons made a $100,000 donation to Silicon Slopes at the ribbon-cutting ceremony. Silicon Slopes promotes K-12 computer science outcomes for educators and students in Utah, according to the press release.
Additional donations included $50,000 donated to the Jordan River Foundation and $10,000 given to the Canyon School District Midvale Schools Farmers Market.
