In a significant move for the city's waterfront area, Bangor Savings Bank has announced plans to expand its campus by demolishing an existing structure on Pleasant Street. The project received approval from the Bangor Planning Board earlier this week. The bank intends to integrate elements of the current building into the new design while addressing challenges faced since their relocation to the former Berry Dunn building. The expansion will result in a larger, more modern facility that will enhance the local business landscape.

Details of the Expansion Project

In the heart of Maine’s picturesque autumn season, Bangor Savings Bank is set to embark on an ambitious expansion project along the city’s waterfront. The financial institution has secured permission from the local planning authorities to proceed with the demolition of a building located on Pleasant Street. This decision comes after careful consideration and aims to create a more integrated and functional space for both employees and visitors.

The new development will incorporate the historic stone façade of the existing structure, preserving an important piece of the city’s architectural heritage. The planned building will stand taller than its predecessor, adding a modern touch to the skyline. By combining the adjacent properties at 24 Hamlin Way and 36 Pleasant Street, the bank will construct a state-of-the-art facility spanning approximately 50,000 square feet. Additionally, a parking lot with 13 spaces will be included to accommodate visitors and staff.

Construction is expected to commence in the spring, bringing renewed energy to the waterfront area and potentially stimulating further economic growth in the region.

From a journalistic perspective, this expansion reflects the ongoing evolution of Bangor’s urban landscape. It underscores the importance of balancing progress with preservation, as seen in the bank’s commitment to retaining the historical elements of the original building. For residents and businesses alike, this development signals a promising future for the city’s waterfront district, where tradition meets innovation.