A new ATB Financial branch in north Red Deer is expected to open for business next May.
Tenders for the project will be sought shortly and construction should be underway by August, said John Swarbrick, ATB’s vice-president of personal and business banking for Central Alberta.
Swarbrick was speaking after the city’s municipal planning commission gave site development approval on Monday for the 13,000-square-foot branch proposed for 6794 50th Ave.
The commission had originally considered the application on June 8, but tabled the matter so that it could obtain comment from the city’s Engineering Services Department about the branch’s use of a city lane for access to its drive-through.
The building’s exterior will include a mix of glass, stone and pre-finished metal. Although not built to full LEED (leadership in energy and environmental design) standards, it will feature landscaping using indigenous plants that minimize maintenance requirements, and a cistern system that collects rainwater from the building’s roof for irrigation purposes.
The full-service branch, which was announced last June, will serve as a “centre of excellence” for ATB, with business and agricultural banking services provided to clients across the province.
The site was the former location of the RSC Equipment Rentals building, which has been demolished.
The new branch will replace the ATB Financial outlet in Riverside Office Plaza.