HomeMy WebLinkAbout1976 10-13 Bank gets extension of special use permit THE REVIEW fHE REVIEW Wed.,Oct. 73, 1976
gets Bank extension
of special use permit
by Anne Skinner has met with repeated problems in but he hoped it would be in the near
establishing a permanent structure. future.
The Maplewood City Council agreed to Originally,the bank intended to occupy The bank will have 90 days to vacate
extend Maplewood State Bank's special its present site,on the northeast corner of their temporary structure, once con-
use permit at its Sept.20 meeting.The the White Bear Avenue and Beam in- struction of the new building is com-
extension request was granted on the tersection,with a four story building and pleted.Hillstrom said that the bank will
condition that the bank agree in writing to parking ramp, remain open throughout the construction
have begun substantial construction on After that date, however, the bank period.
their permanent site (the southeast decided that the proposed size was
corner of White Bear Avenue and Beam) economically unfeasible and reduced its
by June 15,1977.If the state and federal size to one story plus basement. Con-
banking associations cause delay in their currently, the option to purchase the
approvals of the charter address change, present site (the Riesling property)
however,the bank may again apply for a became available and was purchased by
new extension of the permit. the bank's chairman of the board,Donald
Jack Hillstrom, vice president and Regan,who will lease the property to the
manager of the bank said,"I think the bank.The Riesling property will give the
council's decision is fair." Maplewood bank approximately 46,000 more square
State Bank has been open since 1974 and feet to work with.
Once approval is gained from the state
and federal banking associations, the
bank will submit plans to the Maplewood
Community Design Review Board for
their approval.When this is completed
and construction bids are in,Hillstrom
said a construction date can be set.
"Nobody wants to see construction begin
more than I do" he emphasized.
Presently,he has no idea when it would be