When one bank closes, another one opens

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The 1916 building on the Downtown Mall that housed Bank of America until February will be home to Citizen & Farmers Bank, among other tenants. Staff photo The 1916 building on the Downtown Mall that housed Bank of America until February will be home to Citizen & Farmers Bank, among other tenants. Staff photo

Before Bank of America closed the doors of its 1916 building on the Downtown Mall in February, we reported that a steakhouse and at least one other bank would take its place.

Loud construction noises coming from the spot last week caused us to check on its status.

Citizen & Farmers Bank will occupy an 850-square-foot suite in the 10,400-square-foot space, according to Joe Kaut, a project manager with Cville Real Estate & Construction. The bank is aiming to open by early July.

C&F did not respond to a request for comment. It is a Virginia-based bank with 27 locations in the state, according to its website, but this will be its first in Charlottesville.

Another new tenant is likely to be Pantheon Restaurants LLC—the people behind Lampo, according to Nest Realty’s Macon Gunter. Back in December, building owner Hunter Craig said a steakhouse was going into the grand banking space. Gunter declined to confirm that, but says an announcement should be coming soon.

Other as-yet-undisclosed tenants will lease office space in the building, but Kaut says he hasn’t been assigned to those projects and doesn’t know what they will be.

And for those BofA clients looking for an ATM on the mall, well, nothing has materialized on that front. Says Bank of America spokesperson Lawrence Grayson in an e-mail, “I’ll be sure to circle back when/if we do.”

 Corrected March 29 at 8:30am to reflect the correct name of the realtor.

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