The Henderson Group, one of the leading commercial real estate development companies in the Greater Philadelphia region, celebrated a major milestone in the construction of the company’s Brandywine 6 office building in Chadds Ford with the ceremonial “topping off” of the steel structure.
Henderson employees, elected officials, and key project partners gathered to sign the last steel beam before it was hoisted atop the new office building, which will serve as the corporate headquarters for the Franklin Mint Federal Credit Union.
FMFCU is one of the area’s largest federal credit unions, with more than $1 billion in assets and approximately 82,000 members, is currently located in Broomall.
FMFCU’s move to Chadds Ford reflects the company’s expansion throughout the Philadelphia and Wilmington area. Following completion of the improvements in August 2017, FMFCU will relocate 180 employees to Brandywine 6, but that number is expected to jump to 240 employees by the end of 2021, as estimated by FMFCU’s five-year plan.
“The new office brings in a new era and a new image,” said FMFCU President and CEO John Unangst. “We’re moving into a progressive area, where we will meet an expanding market and give our employees a showcase headquarters.”
Brandywine 6 represents the ground-up development of a 70,932-square foot, institutional-quality office building in the bucolic Chadds Ford Business Campus, which is owned by Henderson.
FMFCU will occupy approximately 51,000 square feet under a 15-year lease. Since 1978, Henderson has been developing high-quality commercial real estate at the intersection of Route 1 and Route 202 in Chadds Ford, which is known for its historic character, excellent quality of living, and an abundance of amenities.