Written by Gabriel Dillard
News broke this week that the Bank of American branch in the Tower District will close later this month.
Bank of America officials have been tight-lipped about the plan, which was announced to customers via a letter. But Bank of America branches across the U.S., and even Northern California, have been closing as national banks face challenges keeping their physical locations open.
Felix Muzquiz, director of the Tower District’s marketing committee, did offer this one tidbit: The property is owned by Bank of America.
My best guess is that the building will likely be sold, so look for a prime piece of Tower District property to be on the market soon.
This leads to the question — what should replace it?
It’s a pretty good-sized building. Could Tower sustain another bar and/or music venue? Landmark, which was gutted by a fire last year, is reportedly going to reopen within a few month right next door to the Bank of America. Just a stone’s throw north on Wishon Avenue, Goldstein’s Mortuary & Delicatessen just celebrated its second birthday, and appears to be doing brisk business (at least the couple of times I’ve been there).
What about a restaurant space? Offices? A grocery store? A goat yoga gym?
My guess is we’ll see soon enough.