DENISON, TX - As Independent Financial leaves its long-time home on Main Street, a McKinney developer is ready to move in with redevelopment. Former McKinney City Council member Don Day announced plans to redevelop the former bank building into a fine dining restaurant Friday morning during the Denison Development Alliance's annual economic development summit.
The building was one of three downtown buildings that Day has recently purchased or is in the process of purchasing for redevelopment in the near future.
"We will essentially gut the interior and pretty much rebuild everything," Day said regarding the bank building while describing it as a $800,000-900,000 renovation job.
The announcement comes more than two years after the building and many others in the 300 block of West Main were damaged during a fire that destroyed three other properties. Since that time, the bank has operated out of a temporary building behind the main structure.
PHOTO: Don Day speaks during Denison Economic Development Summit | by Michael Hutchins
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