BY: GEOFF PICKLE, WEB PRODUCER
From the Springfield Business Journal:
Keller Williams Greater Springfield is moving out of its home at Claremont Commons in favor of a new office planned less than a mile away off East Battlefield Road.
The real estate brokerage is in the early development stages for its new office on vacant land adjacent to the Battlefield Road on-ramp to U.S. Highway 65, said Dan Holt, operating partner for Keller Williams Greater Springfield. The site is at the end of a cul-de-sac on Montclair Street, south of Battlefield Road, located east of ReRico Brazilian Grill and between two hotels: Hampton Inn and Clarion Inn & Suites.
The firm hired Buxton Kubik Dodd Design Collective as architect for the project, which does not yet have a general contractor, Holt said. He declined to estimate an opening date for the 18- to 24-month development.
“We’ve seen that roughly cost $150 per square foot for this kind of project,” he said, comparing other developments in the Springfield area.
At that estimate, the 30,000-square-foot building would cost roughly $4.5 million.
Holt said the new office would double Keller Williams Greater Springfield’s square footage and allow for the accommodation of up to 700 agents and employees, an increase from 365 agents and staff now.
“We are bursting at the seams,” Holt said of the company’s leased office at 2925 E. Battlefield Road, Ste. 111.
Beyond the increased size of the planned new office, the location was appealing, he said.
“We have exposure to over 70,000 cars daily. The site was really important to us for brand visibility,” Holt said.
The new office, Holt said, would have an open floor plan “so our staff members have more of an experience and a destination than a cubicle” and a modern architectural style.
“What we’re trying to create with our building is a campus atmosphere,” he said.
Keller Williams Greater Springfield recently ranked 12th on Springfield Business Journal’s annual fast-growth Dynamic Dozen. The firm reported $20.3 million in 2017 revenue and three-year revenue growth of 72 percent.