In an effort to restore the history of the original family-owned Central Bank, constructed in 1892 at 202 S. Main St. in Springville, the company has announced a full “revitalization” of the modern building as an ode to the original.
The remodel, to begin in the spring, will look like the original building.
While the foundation of the original building could not be saved, the company said in a press release that the idea behind going forward with the original appearance of the building has everything to do with “carefully matching the pioneer design envisioned by Springville’s founding families.”
“Central Bank has always been deeply rooted in the community,” said the bank’s president, Mark Packard. “This project is a testament to our commitment to preserving our heritage while preparing for the future.”
“Central Bank will rebuild a new structure that faithfully replicates the historic design while meeting modern safety and functionality standards,” said the release.
In addition to the new model of the historic building, Phase One of the project will include a modern facility that will “house multiple back-office departments, providing ample space for employees to work comfortably.” This will be the workhorse with all “regular deposit and loan banking functions” until the new building is complete.
The estimated completion date for Phase One is spring 2027, when the second phase of reconstructing the historical building will begin. An estimated overall completion date was not given.