Work underway on bank’s first local branch

Chesapeake Bank has work underway at its first local branch. Photo by Jonathan Spiers.

Chesapeake Bank is renovating its future branch at 5501 Patterson Ave. Photo by Jonathan Spiers.

Chesapeake Bank’s first branch in the Richmond market is beginning to take shape.

The Kilmarnock-based bank is transforming an old office building at 5501 Patterson Ave. into an 8,000-square-foot full-service branch that will serve as a base for its Richmond operations.

Walls are going vertical at the site, which is just east of Patterson’s Libbie Avenue intersection. A rendering of the finished building is posted on fencing surrounding the site.

The $4.1 million project is removing 2,000 square feet from the previous 10,000-square-foot building. Work began on the site late last year, and the bank plans to have construction completed by this summer.

RVA Construction is the general contractor for the project, and Fred Thompson of locally based Architects Dayton Thompson & Associates designed the property along with Tom Tingle of Guernsey Tingle Architects in Williamsburg.

The construction is adding to what’s becoming a vibrant financial district. The site is next door to the former Kelley’s Gift Shop space where Charlotte, North Carolina-based Park Sterling Bank plans to open its own first branch in Richmond.

And just up the street, a neighboring branch at Libbie and Patterson will soon be home to Bank of Lancaster’s first Richmond branch.

Chesapeake Bank has work underway at its first local branch. Photo by Jonathan Spiers.

Chesapeake Bank is renovating its future branch at 5501 Patterson Ave. Photo by Jonathan Spiers.

Chesapeake Bank’s first branch in the Richmond market is beginning to take shape.

The Kilmarnock-based bank is transforming an old office building at 5501 Patterson Ave. into an 8,000-square-foot full-service branch that will serve as a base for its Richmond operations.

Walls are going vertical at the site, which is just east of Patterson’s Libbie Avenue intersection. A rendering of the finished building is posted on fencing surrounding the site.

The $4.1 million project is removing 2,000 square feet from the previous 10,000-square-foot building. Work began on the site late last year, and the bank plans to have construction completed by this summer.

RVA Construction is the general contractor for the project, and Fred Thompson of locally based Architects Dayton Thompson & Associates designed the property along with Tom Tingle of Guernsey Tingle Architects in Williamsburg.

The construction is adding to what’s becoming a vibrant financial district. The site is next door to the former Kelley’s Gift Shop space where Charlotte, North Carolina-based Park Sterling Bank plans to open its own first branch in Richmond.

And just up the street, a neighboring branch at Libbie and Patterson will soon be home to Bank of Lancaster’s first Richmond branch.

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