Go your own way: Bank takes different approach to branch-building strategy

In an era when banks open fewer branches, or consolidate their branch distribution, the Bank of Tampa has taken a different tack. It plans to take an existing branch, raze it and build a bigger, better branch at the same location.

Scheduled to be completed in summer 2020, the new branch will be at 4400 N. Armenia Ave. in Tampa, near the intersection with West Dr. Martin Luther King Jr. Blvd., which also happens to be the site of the 35-year-old bank’s first banking center in Tampa. It will be an expansive facility, with a 5,000-square-foot, full-service banking office, plus a 40,000-square-foot support center that will occupy the top two floors of the three-story building.