• #1 Properties Commercial

Shops at Blue FCU’s HQ Redevelopment

Updated: May 2, 2020

Community Focused Retail Complex Under Construction

Construction has started on the site formerly occupied by the Cole Shopping Center located at Pershing Boulevard and Converse Avenue. Anchored by Blue Federal Credit Union’s World Headquarters, the site will also be home to the Shops at Blue HQ, a community focused revitalization that will include retail and restaurant amenities for the Cheyenne community as well as Blue Federal Credit Union employees working at the complex. Greg Roeder of Waypoint Real Estate and Teri Cassidy of #1 Properties will represent the Landlord, Blue Federal Credit Union (Blue FCU), in the marketing of the available suites, with anticipated shell completion in the summer of 2020 and tenant’s opening by early fall.  The Shops at Blue HQ will offer suites ranging in size from 1,329 to 5,404 square feet. Blue will open a branch location within the strip retail center to support their broad membership in Cheyenne.

Blue FCU will occupy a 75,000 SF of office space in the headquarters building adjacent to the Shops at Blue HQ.  The headquarters project will be home for 170 initial employees and will house up to 300 of their key operational employees over the coming years. The project will also include a large community room that may be used for community and non-profit events. The Shops at Blue HQ will boast a community centered feel, including a large common element community outdoor space that will complement the retail shops. Blue FCU believes the project will bring revitalization to the aged retail center in Cheyenne by reinventing the sense of community that will bring families and businesses together.

For more information, please contact Teri Cassidy at 307.222.2392 or

About Blue Federal Credit Union Blue FCU serves nearly 90,000 members in Colorado and Wyoming communities through an extensive branch network as well as members around the world. Blue FCU is part of a nationwide CO-OP network of credit unions that gives their members access to 5,000 shared branch locations across the U.S.—on par with major banks—as well as 35,000 surcharge-free ATMs. As a member-owned, not-for-profit cooperative, they return company profits to their members and communities, rather than to outside investors. Blue FCU exists to serve, and it’s an honor and a delight to have our actual job be Doing Good: helping people succeed financially and in life, and strengthening the communities where we work and live.  Blue formed in 2016, when Warren Federal Credit Union (based in Wyoming and chartered in 1951) and Community Financial Credit Union (based in Colorado and chartered in 1956) decided to join forces and create a stronger-together financial institution serving more of the Rocky Mountain Front Range. About Waypoint Real Estate, LLC Waypoint Real Estate LLC, is a full service real estate company headquartered in Fort Collins, Colorado, providing Commercial Real Estate Brokerage, Property Management and Development services in the Northern Colorado and Cheyenne markets.   Waypoint’s local experts utilize their full-service model to provide the best market information available.  Core to Waypoint’s mission is its commitment to the community, whereas 1.00% of gross revenue is gifted to local community-based causes. About #1 Properties #1 Properties was founded in 1984 on the vision of being southeast Wyoming’s outstanding professional real estate brokerage, with a commitment to supporting the local community. Over the last three decades, #1 Properties has built a solid reputation on results and service, and grown into a team of over 85 dedicated real estate professionals. Locally owned and operated, #1 Properties is committed to keeping up-to-date with market and industry trends, in order to best serve the communities of southeast Wyoming.

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