Xcel Energy, which has a 300,000-square-foot office in downtown Denver, has told employees they’ll need to spend more time working at it.
The Minneapolis-based power company recently told employees on a hybrid schedule that they’ll need to work onsite three days a week starting in mid-September, Xcel spokesman Tyler Bryant told BusinessDen.
“All employees will work onsite on the same days — Tuesdays, Wednesdays and Thursdays — with the option to work from home on Mondays and Fridays,” Bryant said.
Up to this point, different Xcel departments have had different policies regarding in-office work.
“In total, we expect this change will affect about 5,500 employees across the company, including about 1,300 employees based here at our Denver office,” he said.
Bryant noted that Xcel also has many employees, such as those working at power plants, that “have been working onsite every day throughout the pandemic.”
Office workers started working remotely en masse amidst stay-at-home orders issued when the pandemic began. Companies have taken varying approaches to bringing workers back to the office, moves that have implications regarding the vibrancy of America’s downtowns.
Xcel’s Denver office is in the 22-story office tower at 1800 Larimer St., which Beacon Capital Partners purchased for $291 million last year.
Xcel’s lease for 291,236 square feet expires in the near future, and the company has been considering its options regarding Denver office space, including potentially renewing at 1800 Larimer, sources told BusinessDen. Bryant said no decision has been made.