CREC New Headquarters Facility
In 2018, after a year-long evaluation of Cuivre River Electric Cooperative’s (CREC) headquarters building located at 1112 E. Cherry Street in Troy, the CREC Board of Directors voted to construct a new building on the same site.
The decision was based on findings of the evaluation which examined the building's sustainability for current and future needs. Originally constructed in 1962, the building has been added onto over the years to accommodate the co-op's growing needs. Major office renovations to the Troy headquarters took place in 1986 and again in 2000.
The evaluation included examining things such as structure, safety, the life of the building's systems (electric, water, HVAC, etc.), and consideration of costs to repair existing, chronic issues related to an aging structure. Cooperative Building Solutions (CBS) who conducted the evaluation, also studied the building's growth potential and its functionality today as well as what will be needed in coming years.
It became apparent that there were major issues related to the building’s functionality for CREC members and employees, limitations on space due to growth, as well as continued increases in maintenance costs.
Since the Board’s decision, ground has been broken and construction is underway. CREC will remain open during the construction and will keep members informed about any changes on how to access the lobby and drive-through as needed.
Please feel free to visit this page often for updates as we make progress with this project, CREC history in the making!
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Groundbreaking Ceremony - June 26, 2019
Construction on the new Cuivre River Electric Cooperative headquarters facility officially kicked off with a groundbreaking ceremony held on June 26 at the co-op’s current headquarters, 1112 E. Cherry Street in Troy. The new building is being constructed on the same site, to be situated on what is currently the employee parking lot.
“It was important to the board that our headquarters remain in Troy,” General Manager/CEO Doug Tracy said. “And building on our current site rather than buying land somewhere else is a cost savings, which is also something that the board is mindful of; making sure we continue to be good stewards of our members’ money,” he said.
CREC is the largest and fastest growing co-op in the state, and with that growth comes the need for additional equipment, along with space for it, according to Tracy. “Simply put, we are running out of room in our existing facility,” he said.
Construction of the building is expected to last 17-18 months, with an anticipated move-in date sometime in the fall of 2020.