Archive for Wednesday, October 1, 2003

Work progresses on new bank

October 1, 2003

Work already has started on one Basehor bank, while another remains in the planning process.

Construction on the permanent home for Community National Bank at the southeast corner of 158th Street and U.S. Highway 24-40 has begun with much of the groundwork finished.

Debbie Breuer, CNB vice president and Basehor branch manager, said the project is on schedule.

"We'll start in with the framing of it," Breuer said. "They're still trying to shoot for next spring around April."

The permanent bank will include close to 17,000 square feet and have two above-ground stories and a basement.

The new structure will house bank and mortgage branches that currently are in Basehor Town Square. The mortgage branch is in the shopping center, while the bank location is west of Sonic Drive-In. That building originally was supposed to be a temporary structure at the center, but the Basehor City Council later approved it as a permanent building.

The building eventually will be leased by the shopping center, which Debbie Breuer and her husband, Dennis, own.

Another bank with a Basehor location -- First State Bank and Trust -- plans to move to the southwest corner of 155th Street and U.S. Highway 24-40.

Bill New, First State Bank board chairman, said the bank still is working on specific plans for the new site. The bank has an option to purchase the land.

"We're still waiting to get final information on the tract," New said.

Bank officials have discussed either selling the existing site at the northwest corner of the intersection of 155th Street and the highway, once the new structure is built or retaining it for office space.

New, however, said the building likely will be put up for sale.

"Our thought right now is that we'll probably sell that location, but we're not certain," New said. "That's the preliminary thought."

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