Bank announces plan to open in CentrePointe

May 27, 2014 

CentrePointe Presentation for Board Mtg._Page_01_Image_0002.jpg

Renderings presented to the Courthouse Area Design Review Board on May 5 show CentrePointe at the intersection of Upper and Main streets. The development is in its initial stages of construction.

RABUN RASCHE RECTOR REECE AND CMMI

Republic Bank & Trust Co. on Tuesday announced that it intends to open a banking center in Lexington's CentrePointe development now under construction downtown.

Republic Bank said it would anchor the first floor of CentrePointe's office building, offering services including a 24-hour ATM.

The price tag for the entire CentrePointe project, which is bounded by South Limestone and Vine, Main and Upper streets, is estimated at $393.9 million, including financing costs.

An underground parking garage is now being built at the site. Developer Dudley Webb has said work on the office building will likely start in August.

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