Development Beat

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Monday, February 2, 2015

A project years in the works — the initial rezoning case was filed in 2010 — is finally coming to fruition, as permits were issued January 29 for a new 3,844 square foot BB&T Bank branch.

bbtThe bank will be constructed on an empty parcel of land at the intersection of Falls of Neuse and Litchford Road in North Raleigh. BB & T purchased the property in June of 2013 for $1.5 million. In February of that year, the rather nice-looking home that once sat on the parcel was demolished.

The aforementioned zoning case changed the use of the land from residential to office and institutional 1, paving the way for the new bank branch. In the application, a wide number of uses for the property were barred, including a rifle range, a fraternity and a kennel/cattery. Cattery? Are those … real? And are they hiring? To be honest though, any of those uses sounds more interesting than yet another bank branch. My dad would probably agree.

This house once sat on the property where the new BB&T will be built

Wake County

This house once sat on the property where the new BB&T will be built

Although it was the then-property owners who filed the initial zoning case, it was BB&T which filed the site plan two years later. The site plan described a slightly smaller build-out at 3,200 feet, and noted that it would include, as most banks do, a drive-through.

The new, $725,000 bank will be built by Ashland Construction, which, among other projects, handled the construction of the Harris Teeter at North Hills.

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