ST. LOUIS PARK: Bridgewater Bank, a local Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs, today announced the opening of its new corporate headquarters – Bridgewater Corporate Center – as part of its planned expansion and relocation to the corner of Excelsior Boulevard and Monterey Drive in St. Louis Park.
“We believe our corporate office is unlike any banking headquarters in the Midwest, and maybe even the country,” said Jerry Baack, President and CEO of Bridgewater Bank. “The campus-like atmosphere is the perfect complement to our unique culture and will allow us to continue to attract and retain top local talent. It’s an unbeatable employment experience.”
Located at 4450 Excelsior Boulevard, the four-story, 84,000 square-foot building hosts ground floor communal access to Bridgewater’s full-service retail branch. Other retail tenants include Twin Cities’ restaurant favorite, Hazelwood Food & Drink, and locally-based boutique fitness studio, Discover Strength, both of which will open to the public in early 2021.
The bank’s headquarters, including operations and administrative offices, are located on the second and third floors. The fourth-floor space is leased to local, entrepreneurial tenants.
While Bridgewater Corporate Center is new, the bank’s presence in St. Louis Park is not. Its retail branch on Excelsior Boulevard opened in 2015, adjacent to the new corporate office. As Bridgewater’s growth intensified and the need for additional office space increased, bank leadership agreed that St. Louis Park, a sought after first-ring suburb, was the ideal community for a future headquarters.
After considering several sites, leadership chose the location on Excelsior Boulevard for its central location and proximity to nearby amenities.
“St. Louis Park and Bridgewater share an entrepreneurial spirit,” said Mary Jayne Crocker, Chief Operating Officer. “Planning our future in the heart of this community is an incredible opportunity, and we are honored to be an active partner in the city’s future.”