Cape Cod 5 HQ5 Building. Photo courtesy Cape Cod 5.

Cape Cod 5 held a ribbon-cutting ceremony to celebrate the opening of its new 11-acre Hyannis campus, which includes the bank’s headquarters and the full-service Hyannis Route 132 Banking Center.

“This new campus serves as a physical symbol of Cape Cod 5’s ongoing investment in and service to the unique communities of the Cape, Islands and Southeastern Massachusetts,” Dorothy A. Savarese, chair and CEO of Cape Cod 5, said in a statement. “The foundation of this headquarters building is actually the mission and values that have driven this bank for 165 years. Its innovative elements and advanced technologies will propel us to the future so we can continue to meet the evolving needs of our customers, community members and employees for decades to come.”

The headquarters at 1500 Iyannough Road, known by the trademarked name HQ5, will bring together about 300 employees previously located at multiple administrative offices. The 80,000-square-foot building includes an employee fitness center, a 10,000-square-foot courtyard, a parking garage with more than 200 spaces and additional parking.

An existing building at 1550 Iyannough Road was renovated for the Hyannis Route 132 Banking Center, which opened in December.

The bank purchased the property in March 2014, breaking ground on the building in October 2017. Additional property next to the site was purchased in November 2017. Construction was completed in December 2019. Brown, Lindquist, Fennucio & Raber was the lead architect on the project, and Dellbrook JKS was the general contractor.

Cape Cod 5 is targeting LEED Gold certification for the new headquarters. Rooftop solar panels generate approximately 28 percent of the building’s annual energy use. Almost one-third of the site provides pedestrian-oriented open space, and native or adapted plantings have been restored to parts of the site as well.

“Each element of the design and implementation has been informed by our sharp focus on our commitment to responsible business practices and thoughtful stewardship of our natural environment,” Savarese said in the statement.

Amenities at Cape Cod 5’s new, 80,000-square-foot HQ5 building include an employee fitness center and pedestrian-oriented open space. Photo courtesy of Cape Cod 5.