Press release

Zions Bancorporation to Build Technology Campus in Midvale, Utah With a Focus on Sustainability and Cost Efficiency

The campus represents the company’s long-term commitment to advanced financial technology solutions and economic growth SALT LAKE CITY--(BUSINESS WIRE)--

articleZions Bancorporation N.a.May 27, 20204/company/zions-bancorporation/news/zions-bancorporation-to-build-technology-campus-in-midvale-utah-with-a-focus-on
Zions Bancorporation to Build Technology Campus in Midvale, Utah With a Focus on Sustainability and Cost Efficiency

About this update from Zions Bancorporation N.a.

[{"type":"text","content":"\nThe campus represents the company’s long-term commitment to advanced financial technology solutions and economic growth\n\n SALT LAKE CITY--(BUSINESS WIRE)--\nZions Bancorporation, N.A. (NASDAQ: ZION) today announced that it will build a 400,000-square-foot technology campus in Midvale, Utah, on the former Sharon Steel Mill Environmental Protection Agency Superfund site. Anticipated to be completed in mid-2022, the sustainably built campus will be the company’s primary technology and operations center, serving Zions’ seven affiliate brands in 11 western states.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200527005604/en/(Photo: Business Wire)\n\nAs one of Utah’s largest technology employers, Zions will accommodate more than 2,000 employees at this location and be built to respond to changing work patterns in the years ahead. Providing Zions employees a highly flexible and engaging work environment, the new campus will allow the bank to achieve substantial efficiencies by eliminating 11 smaller facilities totaling 520,000 square feet, reducing related occupancy costs by more than 20%.\n\n\nThe project is anticipated to achieve a Platinum LEED-certification with sustainable building features that include the use of low VOC-emitting construction materials, triple pane exterior glass, and ultra-efficient heating and cooling systems. More than 75% of the building’s electricity will be produced from on-site renewable solar energy. The campus will feature electric vehicle charging stations and will offer proximity to the Historic Gardner Village light rail station.\n\n\nNestled along the Jordan River Parkway, the property will reclaim a previously contaminated former steel mill site and support a regional habitat system through ecologically focused design and landscaping. To foster employee health and well-being, the campus will offer outdoor recreation opportunities, locker and shower facilities, shareable bikes, and a large modern café with healthy and diverse menu options.\n\n\n“Zions Bancorporation’s Enterprise Technology and Operations division has been making industry-leading investments in its core banking systems while also delivering a variety of state-of-the-art digital banking capabilities. This environment-friendly campus will help us attract the best techn...

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