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New Headquarters Construction Begins in Downtown Columbia

Construction site of Palmetto Citizens Federal Credit Union headquarters in Downtown Columbia

News Summary

Palmetto Citizens Federal Credit Union’s new headquarters is set to transform Downtown Columbia. Construction has kicked off at the intersection of Sumter and Lady streets, paving the way for a modern five-story building. The project will not only include a spacious office but also a restaurant and a parking garage with 325 spaces. The official groundbreaking ceremony is scheduled for April 15, 2025, with completion aimed for early 2027, creating jobs and enhancing the vibrant downtown atmosphere.

Exciting Construction Kicks Off in Downtown Columbia!

Columbia residents, gear up for a fantastic new addition to your city! A brand new, spacious headquarters for Palmetto Citizens Federal Credit Union is officially on the way! Construction crews have recently begun clearing the land located at the bustling intersection of Sumter and Lady streets, paving the way for what promises to be a remarkable five-story, 100,000-square-foot building that will include a garage.

A Major Development for Downtown

Get ready to be wowed—this exciting project is set to be the largest new office development Columbia has seen in decades! Construction started back in January 2025, and by late February, the old building that once housed the popular Toasty Hotspot restaurant was demolished and cleared away. Talk about moving fast!

As part of this development, the new headquarters plans to feature a trendy restaurant with outdoor dining options right on the ground floor. What a perfect way to soak up some sunshine while enjoying a meal after a busy day!

Parks and Plenty of Parking

Now, if you’re worried about parking, worry no more! The construction will also see a parking garage built behind the new headquarters, featuring 325 parking spaces. That’s a big relief for everyone in the area, ensuring that clients and employees will always have a place to park!

With city approval already in the bag, excitement is filling the air for an upcoming groundbreaking ceremony. Mark your calendars for April 15, 2025, as Governor Henry McMaster will be officially kicking things off!

Looking Ahead

Once construction is complete, Palmetto Citizens Federal Credit Union is on track to make its big move into the new digs by early 2027. This fresh space is more than just an office; it aims to enhance the overall aesthetics and walkability of Sumter Street, giving downtown Columbia an even more vibrant atmosphere.

Currently, Palmetto Citizens serves around 84,000 members and has grand plans to increase its workforce from 315 employees to a whopping 500. That’s a significant expansion for the local economy, and it even aims to attract talent from nearby universities like the University of South Carolina, Allen University, and Benedict College.

If you’re a local nonprofit, you’ll be pleased to hear that the new headquarters will also feature a lovely rooftop terrace and conference space available for your use. How generous!

A Few Bumps in the Road

Of course, with any big construction project, there’s bound to be a few minor hiccups. Some nearby businesses have felt some minor vibrations during the construction phase, mainly due to soil compaction at the site. Good news for everyone, though—the vibrations seem to have died down by the second week of April 2025. The city has confirmed there have been no complaints about excessive vibrations, allowing everyone to carry on with their daily routines, unbothered.

In the meantime, Palmetto Citizens will continue to operate out of its existing location throughout the construction phase, ensuring that members won’t be left without their go-to banking services.

A Commitment to the Community

Palmetto Citizens Federal Credit Union is no stranger to community investment, as it has been serving the folks of Columbia for nearly 90 years. Established back in 1936, this credit union prides itself on its commitment to community growth and support.

With all these exciting developments, Columbia is definitely in for some thrilling changes in the coming years! Stay tuned, folks—it looks like this is just the beginning of something wonderful!