Main Street and Preston Log Out | Topics | Search
Moderators | Register | Edit Profile

City of Frisco Question and Answer Board » Frisco Q & A » Main Street and Preston « Previous Next »

  Thread Last Poster Posts Pages Last Post
  Start New Thread        

Author Message
 

Mirko
New member
Username: Panthercreek

Post Number: 4
Registered: 03-2005
Posted on Tuesday, April 18, 2006 - 09:23 am:   

Since they tore done the old Randy Whites onnth corner of Preston and Main, icluding several old businesses. What is being put there to replace it? thanks
 

Scott Ingalls, Zoning & Subdivision Admi
Moderator
Username: Scott_ingalls

Post Number: 227
Registered: 06-2003
Posted on Tuesday, April 18, 2006 - 11:43 am:   

Mirko,

A new bank, Capital One, is being constructed on this site.

Scott Ingalls
Zoning & Subdivision Administrator
 

Mark Smith
New member
Username: Smithfamily

Post Number: 2
Registered: 09-2005
Posted on Thursday, April 20, 2006 - 02:17 pm:   

Another bank? Why are there so many banks in Frisco? I work 10 miles from my job and on my way to work I pass 7 banks. Now this bank is going to be built, that will make 8. Plus there is a sign saying future home of another bank. This bank will make 9. That seems like a lot of banks.

My worry is that with so many banks some of them are going to go out of business, which will leave an old abandoned building. Old abandoned buildings are not attractive.

Why so many banks on a 10 mile stretch of road?
 

Scott Ingalls, Zoning & Subdivision Admi
Moderator
Username: Scott_ingalls

Post Number: 229
Registered: 06-2003
Posted on Friday, April 21, 2006 - 11:25 am:   

Mark,

The City of Frisco does not and actually can not regulate the number of banks that may locate in the community. This is regulated by the banking industry itself as well as the banking market. As Frisco grows in population, banks see the need for additional branches to serve this growth. And, like many markets, banks are in competition with each other and try to capture their share of the market. This is also why you see so many banks along your route to work. Banks want to be where they can be seen and major traffic corridors are often see as good locations.

The potential for banks to close their doors and a building become vacant does exist. However, bank buildings can be retrofitted for retail and office uses far easier than say closed gas stations. This will help to keep the number of closed bank buildings to a minimum.

Scott Ingalls
Zoning & Subdivision Administrator

Add Your Message Here
Post:
Username: Posting Information:
This is a private posting area. Only registered users and moderators may post messages here.
Password:
Options: Enable HTML code in message
Automatically activate URLs in message
Action: