News

A recent Planning Commission debate over a bank (docket item 9) typified the governing body’s fascinating tug-of-war between high-minded rhetoric vs the nuts and bolts of bureaucracy.

The Planning Commission said arguments around whether or not Old Town has too many banks distracted from the real question of whether King Street’s retail space is better served by having a weird seven foot gap in the front of the building where the bank wasn’t allowed by-right.


News

A man was arrested this morning after allegedly breaking into the Wells Fargo Bank in the Shoppes of Foxchase in Alexandria’s West End.

APD was alerted at around 6:20 a.m. of a holdup alarm inside the bank at 4601 Duke Street, which is closed for Columbus Day. Video footage showed a male wearing a beige and orange hoodie and walking back and forth inside the bank, according to dispatch reports.


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Old Town is getting more banks, coffee shops and pizza places, and many of the comments say enough is enough.

TD Bank filed a special use permit to move into the former SunTrust branch at 515 King Street. Mudhouse Coffee Roasters also filed a permit this week to finally move into 1119 King Street.


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First National Bank held a ribbon cutting and grand opening late last week for its new location on King Street.

The bank is located at 704 King Street in Old Town in a 4,200-square-foot space that’s been empty since Nando’s moved out last July.


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The Truist bank at 2809 Mount Vernon Avenue is temporarily closed today (Friday) after an alleged altercation with a former employee.

A former employee who had been terminated allegedly told bank staff that they “had a gun in the car and would be right back,” per scanner traffic.


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Chase Bank cut the ribbon on its new location in the heart of Old Town this morning.

Chase Bank bought 628 King Street for $11 million in December 2022, more than double its assessed value ($5.2 million last year), according to Alexandria property records. The building was previously a Banana Republic for decades, and closed along with The Gap at 622 King Street in January 2022.


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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.


News

Potomac Yard’s microbrewery Hops Grill and Brewery didn’t live to see the new Potomac Yard Metro station open, but the Washington Business Journal reported the location at 3625 Richmond Highway could see new life as a bank.

The Business Journal reported that JPMorgan Chase & Co. has leased the microbrewery as part of a broader push throughout the region.


News

A 27-year-old Maryland man has been charged with robbing two separate Alexandria banks in March and April.

Jaquan Royal, of Prince George’s County, was arrested on May 24 in connection to the robbery at the Wells Fargo Bank in Arlandria (3506 Mount Vernon Avenue) on March 23, and at the Bank of America in Carlyle (415 John Carlyle Street) on April 3.


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