BUFFALO, N.Y. (WIVB) - Big changes are coming to the Atrium building now that HSBC has put a $37 million dollar price tag on a new investment. What many want to know is, what does this mean for the future of the bank and its workers?
The biggest building in Buffalo could soon be the biggest empty building in the city. But officials from HSBC say the jobs are staying here, they're just moving.
Half of the 3,000 workers are shifting a couple of blocks down the street to the Atrium, the other half to HSBC's office in Depew.
Greg Zeeman, HSBC's chief operating officer for the U.S. said, "We love the facilities.This is a fantastic location [and] a great workplace environment."
Zeeman and managing director Kevin Quinn announced the London-based mega bank is investing $37 million dollars into improvements at the Atrium and the Depew offices to handle the move from the iconic tower.
They say it is an investment for the long term.
Kevin Quinn, HSBC Managing Director said, "I think it is a pretty strong statement and very much committed to the market."
But once the move is finished, there will be more bodies than desks so the buildings are laid out so that workers can set up workstations just about anywhere.
Robert Morelli from HSBC's Corporate Real Estate said, "Energy efficient lighting, occupancy sensors and the infrastructure behind the walls and above the ceilings is very energy efficient."
So what happens to the HSBC Tower after the move? Business leaders say it's creating a lot of buzz.
Thomas Kucharski said, "It is the tallest, best building west of New York City and east of Chicago, so it does have on a different site selectors screen anyway."
Company officials say the move should be finished by October of 2014.
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