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Terracon Plans New Corporate Headquarters In Olathe, Kansas

04/21/2017
An employee-owned engineering consulting firm, Terracon will build its new $21 million corporate headquarters in Olathe, Kansas. The company plans to keep nearly 200 employees close to the company's existing location.

Currently located on two non-adjoining floors in the Corporate Ridge Office Park near Kansas Highway 10 and Ridgeview Road, Terracon's new facility will be just south, neighboring the John Deere sales and marketing center, company officials said. As sole occupant of the two-story, 65,000-square-foot office building, the company sees the move as an opportunity to support its growth and expansion plans.

"Terracon is focused on growth as evidenced by our internal expansion and acquisition activities," said Gayle Packer, Terracon's CAO. "Our strategic plan guides us to continue growing at a rate of 10-15 percent each year, and we expect that the employment base at our corporate office will increase accordingly."

The company credits a successful partnership with the City of Olathe and the engagement of city officials in helping make the new building possible. The property is owned and will be developed by a design-build team led by VanTrust Real Estate. The office will emphasize collaborative spaces including a new training conference center and expanded amenities. The new building is scheduled for completion in the first quarter of 2018.

"This investment represents the passionate commitment of our employee-owners to progress our growth," said Swaminathan Srinivasan, who was named as Terracon's new President earlier this year. "Inspired by new surroundings, we will focus our future on serving clients in new, innovative ways and seeking out opportunities to make positive impacts on the communities where we live and work."

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