Western Alliance Bank expands headquarters at CityScape

Real Estate | 9 Feb |
RED Development announced today that Western Alliance Bank is once again expanding its foothold at CityScape Phoenix after signing a lease to add an additional 46,323 square feet to its existing headquarters.

When Western Alliance Bank first opened within CityScape in 2010, the main office and its local banking division, Alliance Bank of Arizona, was comprised of just one branch that occupied a single floor. Fast forward to today, the financial organization has grown significantly, making seven amendments over the years, to now hold two lease agreements with RED Development. While the changes brought Western Alliance Bank’s headquarters to approximately 155,000 square feet across six floors, this latest milestone will also create 110 new seats to accommodate new part-time, remote and contract employees, as well as offering meeting rooms.

“This expansion allows us to increase valuable working and collaborative spaces for our employees and clients in an easily accessible, highly desirable centralized building that has become a key silhouette of the Phoenix skyline,” said Don Garner, CEO of Alliance Bank of Arizona. “From spaces for interns, contractors, potential new hires and remote-working employees to increased conference spaces and huddle rooms that allow us to safely gather and develop creative solutions for our clients, the new space in CityScape’s Western Alliance Bank building will round out our approximately 155,000-square-foot footprint and accommodate our future growth and ability to better serve clients.”

As the state’s largest locally -headquartered banking division, Alliance Bank of Arizona offers a full spectrum of loan, deposit and treasury management capabilities, plus superior service. With nine offices in greater Phoenix, Tucson and Flagstaff, the banking division is a valued resource for Arizona’s business, real estate, professional, municipal and nonprofit communities.

“The commercial real estate industry is on the rise in Downtown Phoenix and this agreement is a testament to Western Alliance Bank being among the first tenants at CityScape to believe in our vision of making the mixed-use center the ultimate destination to live, work and play in the area,” said Jeff Moloznik, vice president of development at RED Development. “It’s been our pleasure to accommodate and help foster the growth of the bank from the beginning and we look forward to continuing our strong relationship in the years to come.”

For more information about RED Development, visit RedDevelopment.com. For more about Western Alliance Bank, visit WesternAllianceBank.com.

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