Hy-Vee Reconfigures Corporate Offices

Midwestern supermarket chain Hy-Vee Inc. is pursuing a new strategy for expanding its corporate headquarters to streamline efficiency and attract more talent that’s creatively and technologically focused.

"Hy-Vee has determined that the necessary traditional office environment and this unique and creative setting can’t coexist at the same location, so the previously proposed expansion does not solve our problem," Hy-Vee Group VP Peter Hosch wrote in a letter to Iowa Economic Development Authority, according to a report on AndNowUKnow.com. "The issue is further complicated by the fact that our employment growth needs are happening far quicker than we anticipated, making more immediate access to office space a must."

Designed to Attract Creative Minds

West Des Moines, Iowa-based Hy-Vee is receiving $7.5 million in tax credits from its state’s Economic Development Authority to split between two locations:

- An office headquarters in a leased 130,000-square-foot space in Grimes, Iowa.

- A conference center in West Des Moines.

The office restructuring is expected to create more than 100 new positions that will be split between the two headquarters, AndNowUKnow.com reported. Hosch said the plan was developed to foster a unique work environment for its employees designed to "attract and retain technology and creative staff."

Hy-Vee Inc. is an employee-owned corporation operating more than 240 retail stores across eight Midwestern states, with sales of $9.3 billion annually.