Archive for Thursday, January 8, 2004

Relocation plans continue

January 8, 2004

One Basehor bank relocating south of its current location could be joined by another in coming months.

First State Bank and Trust and Community National Bank are both located inside the Basehor Town Square at Kansas Highway 24/40 and 155th Street. Officials from both institutions said plans are continuing to relocate across the highway.

Chris Donnelly, executive vice-president of First State Bank and Trust, said plans are progressing to move the bank to the Pinehurst development on 24/40.

Pinehurst is a planned 98-acre development featuring lots for commercial, retail and residential uses.

A deal to move First State Bank and Trust is not yet final, but Donnelly said bank officials and developers are confident they will complete an agreement.

First State Bank and Trust opened in Basehor in the late '80s. The current building is about 5,500 square feet, but Donnelly said more space is required.

"We're just flat out of room, right now," he said.

Construction of a new Community National Bank facility, also located inside Pinehurst, is under way.

Copeland Construction, a Lee's Summit company, is building the new $2 million multi-level facility at the southwest corner of 24/40 and 158th Street. The building will encompass 16,500 square feet.

Exterior construction slowed this week because of inclement weather, but construction crews continued work on the bank's interior.

Debbie Breuer, Community National Bank vice-president and branch manager of the Basehor location, said the new facility should be completed by May.

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