U.S. Bank CEO Richard Davis cut the ribbon today on a new service center in Overland Park, Kansas, a facility that will bring 1,300 new jobs to the area. The 24-hour call center at 12800 Foster Street, previously developed as the Capital One Home Loans headquarters building, is a 185,000 square foot office development leased to U.S. Bank; the bank expected to spend $21 million in improvements on the property when they entered into the agreement this past December.
Davis made it a point to note during the ceremony that the building, which currently houses 250 employees and expects to gain another 250 by the end of the year, is housing new jobs and not employees shifted from existing positions, spurring employment gains in the area. "We've been more impressed since we've got here than we were when we made the original decision," Davis said. "Your business community collaborated without any need for attribution. You told us there was unchecked opportunity for growth, so we can get as big as we need to be without worrying about tapping out the market. You delivered us some very positive incentives to be a part of this community, which will result in very good returns on your investment."
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