STAR Financial Bank is commencing construction on a new corporate headquarters, a two-tower, mixed-use building with a public parking garage in downtown Fort Wayne. The $43 million project will be located at 215 W. Main Street and will be named the STAR Bank Building, currently referred to as the Ashberry Project.
“This is a special chapter in the STAR story. We aim to serve as an employer of choice in our communities, and we are thrilled to be able to build a new home for more than 220 of our dedicated employees in the heart of Fort Wayne,” said Kristin Marcuccilli, chief operating officer for STAR Bank. “It’s exciting to be part of Fort Wayne’s downtown transformation, and we look forward to the day we can share our new corporate headquarters with our customers and the community.”
The new buildings and 387-space public parking garage, designed by Hoch Associates and construction-managed by CMa Plus, will begin construction in the coming weeks. The building’s North Tower will have seven stories and will be just under 50,000 square feet. The South Tower will be a 20,000 square foot, three-story building with parking decks extended over the top of the third story.
“If our father, who started STAR Bank nearly 78 years ago, were here today, I’m sure he would be extremely proud. Not only because we have organically grown to become a bank with more than $2.6 billion in assets, but because we are continually investing in the future of our great Hoosier communities,” said Tom Marcuccilli, president of STAR Financial Group.
The new buildings will be home to STAR Bank, a future Ash event venue, and Just CM, who are also investing partners in the project. The City of Fort Wayne will be an invested partner in the public parking garage. Private, connected, underground parking will be available to residential condo owners of the recently renovated 202 Metro Building. The project has an estimated completion of early 2023.
STAR Financial Bank, headquartered in Fort Wayne, Indiana, is committed to delivering quality financial expertise and distinctive banking solutions to exceed customer expectations. In addition, STAR Private Advisory offers private banking, investment and fiduciary services. STAR Insurance Agency is a full-service insurance and annuity provider. STAR has grown to $2.6 billion in assets with locations across central and northeast Indiana. For more information, visit starfinancial.com.
*View a video regarding the project here: https://www.starfinancial.com/new-hq
Note: In all references to STAR, “STAR” should be in all caps, as the name STAR was derived from the first names of the early principals (Selah Wright, Thomas Marcuccilli, Arthur Hodson, and Ralph Marcuccilli in 1943).
