U.S. Bank doesn't have a traditional brick-and-mortar building in the long stretch between its Parker and Colorado Springs branches — but in March, if all goes as planned, it will.
Construction in Castle Rock of a $2.75 million one-story bank — which will look pretty much like all U.S. Banks, the bank's prototype, according to the architect — is on schedule and expected to be done in time for a March 31 opening.
“We've adapted it slightly to the Castle Rock location … (to meet) some of the color requirements of the area,” by adding a light-stone look, said Jeanne Fielding, project architect with Denver-based Zeiler-Pennock Inc.
The 3,200-square-foot full-service bank will be located on a 1.9-acre lot at 852 Maleta Lane next to the Fowl Line Sports Grill and on the northwest corner of Founders Parkway and Allen Street.
Kareina Westlund, U.S. Bank's senior vice president for the Rocky Mountain Region, said the bank has a strategic process, called “hub and spoke,” which means having a brick-and-mortar-branch surrounded by in-store banks.
Currently in Castle Rock, U.S. Bank has three in-store banks in grocery stores, and one in-store branch in Castle Pines. Westlund said the company wanted to add a building in the area that looks like a “regular bank” where a client can sit down at a desk and get services.
She said the company spent a couple years looking for the right site, and had considered constructing a bank west of Interstate 25 near McDonald's and the Outlets at Castle Rock, but decided on the present east-of-I-25 site based on people's shopping patterns. Being near grocery stores, which tend to draw more trips per week, was a big plus for the Maleta Lane site, she said.
Westlund said the bank will have at least seven people working there to serve business and personal banking customers.
Westlund said the plan is to have a formal grand opening a week after the March 31 “soft” grand opening.
“The city of Castle Rock has been very gracious and very easy to work with, unlike some other cities,” said Westlund, who added there was one nightmare city in particular, but declined to name it.