Wednesday, July 7, 2010

New $45 million building will house Questar

Questar Corp. will move its headquarters into a new building at 333 S. State by January 2012. The new structure is part of Downtown Rising and will be certified to meet strict energy efficiency requirements, all at a cost of about $45 million. A 17-year lease for the new building is close to the cost of Questar's existing building on the corner of 100 South and 200 East. The Questar lease there expires in 2012, so the corporation has been looking at new office space for about a year.

The new building will house about 600 employees of three Questar companies: Questar Gas, Questar Pipeline and Wexpro. Construction is set to begin in August, and initial building plans are starting the city approval process. The project is designed to keep or create more than 400 jobs with a combined 270,000 labor hours and is one of the largest bank-financed projects planned for the downtown area. The Deseret News