The consultant presented five options to KEC’s board of directors based on the needs assessment. Each option identified which needs would be addressed.
The options are outlined below and range from addressing only immediate facility deficits to finding a new site and constructing a new facility.
- Remain on the Hayden site and address immediate facility needs.
- Remain on the Hayden site and renovate it to suit future needs to the extent possible, given size and location constraints.
- Purchase a five-acre site directly across Dakota Ave. from our main Hayden building and construct a new engineering and operations center on that site, along with major renovations of our existing facilities. The site sold, in fact, prior to the completion of our assessment, rendering this option less likely.
- Construction of a new engineering and operations center at a new location while maintaining our administrative presence at our Hayden location. In this scenario, we could lease out the space currently occupied by our engineering and operations departments to another tenant. The new facility could be constructed in such a way as to accommodate the alternative below should that be needed in the future.
- Construction of a new headquarters facility at a new location. In this scenario, our current headquarters would be sold or leased to another tenant.
The KEC board of directors ultimately eliminated the first three options due to their limitations and further evaluated options 4 and 5.