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'Time is right' for redevelopment of Uptown bank, new owners say
Plans are moving forward for redevelopment of the former Citizens State Bank building in Uptown with renovations set to start this spring and wrap up later this year.
Owner Bruce Fraley and his leasing agent, Chad Elmore, were in Dallas Thursday surveying potential tenants and concepts for the project.
“When you have a sign out, you get all sorts of people knocking on the door,” Elmore said. “We have a list of what we want to see, and we're going after what we think we and the city needs. We're assembling a list of restaurant and entertainment uses.”
Fraley, who bought the building with partner Michael Love, said the timing was right when they paid $1.4 million for the two-story building at 601 NW 23 in November.
“I like the neighborhood — it's always caught my eye,” Fraley said. “It sat empty for a long time and I felt it would be an interesting project. The more we talked about it, the more it made sense. The Tower Theater and The Rise (shopping center) gave me more confidence in the area and its future.”