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skirby

The Financial Quarter- Downtown Little Rock

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There is a push to encourage development/make over the CBD. The Financial Quarter is the new name for this area. StudioMain is working to develop a plan for  it. The goal is to put living spaces in the area and make it more than just office space. They want to see  the bank lobbies  redeveloped into more than what they are now since the banking business has changed since the buildings were built. MT is also behind seeing a change  and I wouldn't be surprised to see them doing projects in the Quarter. The Quarter is bounded by Broadway and Main and from 6th to the river.

  eMtd9k.jpg

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I like it!  

Bank of America has a huge lobby.  It used to be filled with people at desks and clerks at the teller area.  Now, not so much.  Last time I was in there there was one person at a sea of desks and one or two tellers behind the bar.  Lots of what is now wasted space. 

The upper floors, too, where the bank used to have more offices are basically deserted as BoA has down-sized and moved many services to service centers miles away. 

 

Edited by Arkanzin

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Why did THV Channel 11 edit the top of the Region's building (to erroneously show TWO top floors) on their newscast set?

Someone had to intentionally do that. For what reason, I have no idea. If it was to conceal a business name (the Regions sign at the top of the building), why not just omit the letters in Photoshop rather than modifying the architecture of the building?

Maybe I'm the only one that's noticed or that it bothers. Ha!

image.jpeg

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9 hours ago, Architect said:

Why did THV Channel 11 edit the top of the Region's building (to erroneously show TWO top floors) on their newscast set?

Someone had to intentionally do that. For what reason, I have no idea. If it was to conceal a business name (the Regions sign at the top of the building), why not just omit the letters in Photoshop rather than modifying the architecture of the building?

Maybe I'm the only one that's noticed or that it bothers. Ha!

image.jpeg

Ha!  That's funny!  I never noticed it.  Now it will bother me! 

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The Bank of England wants to purchase the Cromwell Building located at Markham and Spring to become home for 275 employees. They have made an offer on the building and are awaiting a decision from the Little Rock Visitors and Convention Bureau to see if they want to purchase the property. The LRVCB has a first right of refusal due to their current lease agreement.

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On 8/9/2016 at 8:00 PM, skirby said:

The Bank of England wants to purchase the Cromwell Building located at Markham and Spring to become home for 275 employees. They have made an offer on the building and are awaiting a decision from the Little Rock Visitors and Convention Bureau to see if they want to purchase the property. The LRVCB has a first right of refusal due to their current lease agreement.

The LRVCB has decided to purchase the building. Now the question is what will the Bank of England do.

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10 minutes ago, skirby said:

The LRVCB has decided to purchase the building. Now the question is what will the Bank of England do.

Wasn't the Bank of England located across the street in the old UALR Law School building adjacent to the Doubletree?

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They still are. The reason they were looking to purchase the Cromwell  Building is their expanding workforce. When they offered to buy the building they said they might have to relocate outside of the downtown Little Rock area if the purchase did not take place.

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13 hours ago, skirby said:

They still are. The reason they were looking to purchase the Cromwell  Building is their expanding workforce. When they offered to buy the building they said they might have to relocate outside of the downtown Little Rock area if the purchase did not take place.

I can't believe that there is not space in one of the towers downtown for The Bank of England to move into if they want to stay downtown.

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6 hours ago, theman said:

I can't believe that there is not space in one of the towers downtown for The Bank of England to move into if they want to stay downtown.

Two floors of the Tower building will be empty when the Dept. of Arkansas Heritage moves to their new space on LaHarpe.

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The Bank of America building was pretty much empty the last time I was there.  The lobby was, in fact ,sad.  Where there used to be numerous tellers behind the counter, there were one or two tellers at a long counter.  Where there used to be numerous account services people at desks talking with customers and on the telephone, was a group of desks pushed off to the side, empty.  The place was much like a morgue.  

Upstairs was not much different.  Where there used to be loan officers and other administrative offices, empty.  All the jobs were transferred to regional offices or Charlotte.  

I've wondered just how long Bank of America would continue to own/lease such a large amount of space for few employees and customers.  

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5 hours ago, Arkanzin said:

The Bank of America building was pretty much empty the last time I was there.  The lobby was, in fact ,sad.  Where there used to be numerous tellers behind the counter, there were one or two tellers at a long counter.  Where there used to be numerous account services people at desks talking with customers and on the telephone, was a group of desks pushed off to the side, empty.  The place was much like a morgue.  

Upstairs was not much different.  Where there used to be loan officers and other administrative offices, empty.  All the jobs were transferred to regional offices or Charlotte.  

I've wondered just how long Bank of America would continue to own/lease such a large amount of space for few employees and customers.  

With respect to the lack of traffic in traditional flagship bank lobbies, this is largely a by-product of a change in market demand and the prevalence of online banking...certainly not unique to this bank or this facility.  In fact, this trend is largely what has precipitated the need for the "Financial Quarter" study...how to "reactivate" these previously active, but now largely empty lobbies; how to make the interior space more relevant and engaging with pedestrian traffic.

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On 8/25/2016 at 1:56 AM, theman said:

I can't believe that there is not space in one of the towers downtown for The Bank of England to move into if they want to stay downtown.

There's room, but I think Bank of England is a bit choosy because it helps being as close as possible to the existing large downtown banking operations.  The Tower Building is an intriguing option, since there's also ground floor space available beyond the soon-available offices farther up, opening up the potential for a retail bank branch within the building (even if there's no way to incorporate a drive-thru).

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Work continues on the Sterling Building.

QZg9Cb.jpg

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