Chase Bank is renovating the former Banana Republic location at 628 King Street, and hopes to have construction completed by November, contractors and bank representatives told ALXnow.
The Chase Bank at 106 N. Washington Street will be moving to the new location, according to Caroline Evert, Chase Bank’s executive director of external communications.
The interior of the former Banana Republic has been gutted and will resemble the interior of other Chase Banks.
“We’ve been looking for a larger location,” Evert said. “It’s going to look like the old bank (at 106 N. Washington Street), just bigger.”
Evert said that the bank wants to hold a ribbon cutting for the new bank in January.
The building at 628 and 622 King Street was constructed as a 600-seat theatre in 1854. During the Civil War, the building was named Washington Hall General Hospital, and contained 100 beds for Union soldiers. The building would become a laundromat and insurance firm before burning down.
Banana Republic and The Gap rented both spaces for decades until early last year, when Gap Inc. closed both locations. The spaces are now being individually rented.
Renderings of the new bank were not available by ALXnow’s deadline.