Fallon Health announces move to One Mercantile
PHOTO/GRANT WELKER
One Mercantile (formerly known as the Unum Building) will be the new headquarters of Fallon Health.
Fallon Health, a Worcester-based provider of health insurance and health care services, will be moving its headquarters to One Mercantile, an office building formerly known as the Unum building.
The move will allow the company to provide its employees with a modern, collaborative workplace, according to a Monday press release from Fallon. The move also puts Fallon’s headquarters between the DCU Center and Polar Park, two venues where the company is a major sponsor.
The move is currently scheduled to take place in the fourth quarter of next year. The building is part of CitySquare, a project area that sits on the former site of the Worcester Galleria.
“One Mercantile provides the opportunity for us to deliver on our commitment to supporting our employees so that they can best serve our members, providers, and partners,” said Jill Green Lebow, SVP and Chief Human Resources Officer for Fallon Health in the press release. “Many of our approximately 1,300 employees live and work in Worcester County, and we are humbled by the support we continue to receive from the community.”
Fallon’s choice to stay in the downtown area is important to the city, said Worcester city manager Eric Batista.
“Fallon Health’s move to CitySquare comes at [a] critical moment for downtown and demonstrates their commitment to the City of Worcester and the local economy,” said Batista in the press release. “The vitality of a neighborhood is built on a range of uses, including residential, commercial and cultural. We are thrilled to have a business that has dedicated more than 45 years to the city anchor and immerse itself in downtown Worcester.”
One Mercantile is a seven-story, 214,000-square-foot building that was constructed in 2012.
Fallon Health’s current headquarters is located at One Chestnut Place, an eleven-story office building located at 8 Chestnut Street in Worcester’s Central Business District. The complex that the building sits in was purchased by Synergy Investments, a Boston-based developer, in March for $10.5 million.
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