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Big News

Posted By Mike Palladino, Wednesday, July 5, 2017
Updated: Wednesday, July 5, 2017

Brothers,

 

For this month’s update, I wanted to announce a very exciting piece of news: this summer, we are relocating our headquarters from Chester Springs, Pennsylvania to the Park Place Centre office complex in Carmel, Indiana, about 30 minutes north of downtown Indianapolis!

 

Our new headquarters
716 Adams Street, Suites A & E
Park Place Centre, Carmel IN, 46032

 

The Philadelphia area has been considered our home since our founding in 1850, and acquiring our first headquarters space in 1915. Chester Springs has been our current headquarters location since 1994. Therefore, this was not a decision made lightly.  However, our top priority is to ensure that our chapters, 1,500+ undergraduates, and 30,000+ alumni are supported as best as possible.  This relocation ultimately provides a more functional facility that will help our Fraternity continue to grow and develop its chapters, in a more metropolitan market, that will enable us to attract, retain, and develop the most talented staff possible.

 

The potential to relocate headquarters has been a long time in the making -- meeting minutes in the archives show that the leadership of the Fraternity discussed relocation as early as 1978.  In February 2016, the Fraternity leadership approved evaluating various properties in candidate markets besides Philadelphia including Richmond, Chicago, Indianapolis, Atlanta, Nashville, and Dallas that would better meet our Fraternity’s ongoing professional needs, both present (and most importantly) for our future.

 
 “Today’s news in welcoming another national fraternity headquarters to Carmel is a testament to our city, where we place a high emphasis on higher education. Not only do our local schools excel tremendously in preparing future members of fraternal organizations like Phi Kappa Sigma, we have also attracted a highly educated local workforce, in which nearly 90 percent of our adults have achieved a Bachelor’s or graduate degree," said Mayor Jim Brainard. “We welcome Phi Kappa Sigma and we look forward to growing with them in the future.”

 

There are a number of reasons why moving our headquarters to the greater Indianapolis market provides more value than any other area in the country.  To share just a few of them:

  • In addition to being the heart of the fraternal world, Carmel is a metropolitan location with a very high quality of life at an affordable cost of living.  This will enable us to hire and retain for the long term the quality talent we require to run our day-to-day operations and move our organization forward.  

  • We will be closer to the headquarters of our fraternal trade association (the North-American Interfraternity Conference or “NIC”, located right around the corner from our new headquarters) as well as the headquarters of more than 30 NIC-affiliated fraternal groups and 10 sorority headquarters.  This will provide us significant staff development opportunities, allowing us to dramatically improve the support of our existing chapters and the success of starting new chapters.  It also will allow us to explore sharing staffing resources with other fraternal organizations, allowing us to augment our staff capacity at a reduced cost.

  • Our staff will be closer to a large concentration of future expansion efforts and dormant chapters, as well as our two flagship training events (the Men of Honor Leadership Institute held outside of Asheville, NC and the Carroll K. Simons Institute held outside of Cincinnati, OH).  This will make both expansion and training events easier to plan and execute.

  • We will be able to accommodate volunteer training programs and increased staff interaction to provide both support and innovation.

  • It centralizes our operations and the services that we provide to our chapters throughout the contiguous United States and Canada, in a state that offers significant financial tax incentives for non-profit organizations such as ours.  This lends itself to reduced annual tax costs, as well as reduced annual costs for typical staff travel.

  • Candidate properties within the Indianapolis area are significantly more affordable than similar candidate properties in the Philadelphia market.  As a result, we are able to be in a more metropolitan area at a reasonable cost, without requiring significant future budget accommodations for higher mortgage or leasing costs.

  • Despite moving 650 miles West, the surrounding area around Indianapolis contains approximately the same number of chapters and undergraduate members as the area surrounding our Chester Springs headquarters.

As defined by the Constitution & Acts, the Executive Board consists of the seven elected Executive Committee members, the six appointed Grand Deltas, and the collective vote of the eight living Past Grand Alphas, representing decades of fraternal history, experience, and involvement at the national level.  Based on the above benefits, the entire 21-member Executive Board voted unanimously to approve the relocation to Carmel. The unanimous vote across multiple generations of Phi Kap leadership sends a very positive and very strong message that this is the right move for our beloved Fraternity.

 As we get the new location ready for move-in over the coming weeks, I look forward to sharing pictures, videos, and information about a “ribbon-cutting” event, so stay tuned for future Grand Alpha updates!

In the meantime, I’m sure this news generates many questions, so please read our Frequently Asked Questions (FAQ) for further detail.

 

Fraternally,


Mike Palladino (Alpha Nu ’04)

Grand Alpha


  

2020 Strategic Plan


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