North Shore Bank Plans Oak Creek Land Purchase to Meet Future Needs, Re-zoning of Parcel to be Considered
BROOKFIELD, Wis. – North Shore Bank today announced it has an agreement to purchase a 1.53-acre land parcel in Oak Creek at 200 E. Drexel Ave. pending it being re-zoned.
The re-zoning application and related plans will be reviewed by the City of Oak Creek Plan Commission at its meeting May 26. Currently, the parcel houses a vacant building, and North Shore Bank is interested in securing the property to meet future banking needs of the growing community.
“We have a strong customer base in Oak Creek and as such, we are looking toward the future. We are considering how the new property will best be utilized to continue our investment in the Oak Creek community,” said Susan T. Doyle, senior vice president of retail banking at North Shore Bank. “The area surrounding Drexel Town Square is an emerging development and it makes sense for us to acquire a parcel of land in this growing market.”
North Shore Bank, headquartered in Brookfield, has assets of over $2 billion and 45 offices throughout eastern Wisconsin and northern Illinois. Wisconsin locations are in metro Milwaukee, Ozaukee County, Racine, Kenosha, Appleton, Menasha, Green Bay and surrounding areas, Burlington, Union Grove, Muskego, and Door County. Locate a North Shore Bank office. You can also connect with the bank on LinkedIn, Facebook, Twitter, Pinterest, and Instagram.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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