The Co-operators and The City of Guelph announce 2023 plans for new south end state-of-the-art headquarters

Date : 07/17/2017 @ 3:00PM
Source : PR Newswire (Canada)
Stock : Co-Operators Gen Ins, CL E Prf (CCS.PR.C)
Quote : 23.6  -0.07 (-0.30%) @ 2:13PM

The Co-operators and The City of Guelph announce 2023 plans for new south end state-of-the-art headquarters

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Co-operative insurer's new consolidated location will build upon the organization's 50 year history in the community.

GUELPH, ON, July 17, 2017 /CNW/ - The Co-operators and The City of Guelph announce plans for the national co-operative insurance and financial services organization to build a state-of-the art facility in 2023, situated in the city's south end.  

"The Co-operators has a proud and vibrant history with the City of Guelph that we are thrilled to see continue," says Rob Wesseling, President and CEO of The Co-operators. "We are grateful to the City for their support and collaboration in working with us to find a location that allows us to remain rooted in this community as we bring our three Guelph offices together under one roof."

In anticipation of the expiration of its leases at 130 Macdonell Street, 98 Macdonell Street and 649 Scottsdale Drive, The Co-operators worked closely with the City of Guelph to explore relocation and real estate options within the local community that would meet the company's immediate and future needs. Through this collaborative effort, a location has been identified in the city's south end that will become a new state-of-the-art hub for the organization and enable the company to remain in the community that has supported it for half a century.

"In today's competitive market, I want to thank The Co-operators for choosing to stay in Guelph. We know there were other options. We also appreciate the company's need to consider their future requirements along with present ones," explains Mayor Cam Guthrie. "We're thrilled to welcome The Co-operators to the city's south end. Most importantly, by staying in Guelph, The Co-operators will continue to provide good jobs and make other important contributions to our community; that's excellent news for Guelph."

Plans for what is anticipated to be a new LEED Gold Certified development include wellness-based features that support healthy living and reflect The Co-operators strong commitment to sustainability and employee well-being.

About The Co-operators:
The Co-operators Group Limited is a Canadian-owned co-operative with more than $44.9 billion in assets under administration. Through its group of companies it offers home, auto, life, group, travel, commercial and farm insurance, as well as investment products. The Co-operators is well known for its community involvement and its commitment to sustainability. The Co-operators is listed among the Best Employers in Canada by Aon; has been among the top ten Corporate Knights' Best 50 Corporate Citizens in Canada for the past eight years; and rated as a Top 50 Socially Responsible Corporations in Canada by Sustainalytics and Maclean's magazine. For more information visit www.cooperators.ca.

About the City of Guelph
Guelph is a growing, diverse and vibrant community of more than 130,000 people, located about 100 kilometres west of Toronto, Ontario, Canada. Guelph's community partners and business leaders are making a difference locally and globally in agri-food, technology, environmental enterprise and advanced manufacturing industries. The city's healthy local economy, thriving arts and culture scene, charming neighbourhoods, parks and green spaces make Guelph among the most livable cities in Canada.

SOURCE The Co-operators

Copyright 2017 Canada NewsWire

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