[caption id="attachment_84950" align="alignnone" width="500"] An aerial rendering of the planned American AgCredit headquarters. Completion is expected in 2015. (rendering courtesy of TLCD Architecture)[/caption]
SANTA ROSA -- American AgCredit is moving forward with a long-held vision to cast its new Santa Rosa headquarters as a hub for other agriculture organizations, more than doubling the planned size with a single 120,000-square-foot office building near Charles M. Schulz--Sonoma County Airport.
The lender had originally planned a multibuilding campus at the site, located at the corner of Aviation and Airport boulevards. A 50,000-square-foot headquarters building would have been the first of a two-phase approach, located on a 3.5-acre parcel the company purchased for construction at the corner of Skylane and Aviation Boulevard in October of last year. That acquisition included a two-year option to purchase an adjacent parcel of the same size.
[caption id="attachment_84937" align="alignright" width="300"] The interior courtyard of American AgCredit's planned headquarters is set to have three large existing trees. (rendering courtesy of TLCD Architecture)[/caption]
Yet the rapid growth of the institution, which has $6 billion in assets, helped inspire talk of accelerating those long-term plans with a single large structure. The institution purchased the adjacent parcel this year and plans to break ground in spring, according to Terry Lindley, senior vice president of marketing.
"We built our current office here 15--16 years ago," he said. "We've been out of space for a long time."
The farm lender is expected to occupy around 85,000 square feet in the new building, with room to accommodate anticipated growth of its Santa Rosa workforce of around 25 percent to 30 percent in coming years.
American AgCredit has about 100 employees in its 32,000-square-foot headquarters at 200 Concourse Blvd., just to the west toward the airport. That office was opened in 1998, when the lender was named Pacific Coast Farm Credit and had $500 million in assets.