Construction will begin in early 2017 on a new five-story, 60,000-square-foot Citizens Bank headquarters building in Batesville. Positioned on one of the highest points in town, the structure will provide sweeping views of the community where Citizens Bank was founded more than 60 years ago.
“This new building will be a visible sign of Citizens Bank’s commitment to the community,” said Phil Baldwin, President and Chief Executive Officer. “We are excited, too, about providing numerous opportunities for local subcontractors and laborers during the construction phase.”
The structure, which is being designed by CADM Architecture in El Dorado, will be composed of Batesville limestone, Vermont slate, heavy aluminum and wood panels, and high performance glass curtain walls, according to CADM President Blake Dunn, FAIA, NCARB.
Groundbreaking is scheduled to follow site preparation of the property, which is located along St. Louis Street between Case and Lyon streets. Construction is expected to consume about 12 to 14 months.
Clark Contractors in Little Rock has been selected to manage the project. Clark is one of the largest construction companies in Arkansas and is the general contractor for the White River Medical Center.
Citizens Bank first opened its doors at Third and Main streets in 1953, moving in 1965 to the site of its current main branch at 200 South Third Street.
Although its headquarters will be relocating, Baldwin said Citizens Bank is reaffirming its commitment to downtown Batesville.
“The recent growth of our bank across Arkansas has created such internal demand that we will maintain an Operations Center in our current Main Bank location,” he said. “And more expansion is on the way.”