SouthState Bank planning $3M remodel of Downtown Denver office

SouthState Bank is giving its new Colorado home a facelift The Florida-based institution is spending million to remodel its square feet across one-and-a-half floors of office space at th St in Downtown Denver The office used to belong to Independent Financial the Texas-based parent of Independent Bank that SouthState acquired earlier this year The LoDo spot is SouthState s main Colorado office according to Mark White president of the Colorado field for the bank About employees work there We re bullish on downtown we re bullish on Colorado and we re bullish on Denver for sure revealed White who was previously in the same role for Independent Bank The -square-foot second-floor office space will get new paint carpet and furniture plus a kitchen and break area White stated On the first floor where SouthState has square feet the bank is making changes to windows to allow more natural light in The retail branch within the first floor which was renovated in won t be changed White stated Related Articles Affordable housing developer in final stages of converting former Johnson Wales dorms into apartments Laying off city workers will end up costing Denver nearly million in one-time expenses Denver prosecutors add forgery charges to former lawmaker s legal woes in fake letters incident Buoyed by Vibrant Denver win mayor looks to tackle other issues and overcome rough patch Denver mayor accepts council amendments effectively finalizing budget Tool upgrades are also planned The project kicks off in the next limited weeks and should be finished within four months White noted SouthState had the th-highest deposit share of Denver-metro banks as of June according to the preponderance up-to-date deposit survey by the Federal Deposit Insurance Corp White mentioned the bank has billion in loans and billion in deposits in the Centennial State White reported SouthState didn t lay off any of Independent Financial s Colorado employees after the acquisition and has added eight bankers It has rebranded all of Independent Bank s branches White noted he hopes to open two or three more branches along the Front Range within the next meager years Read more from our partner BusinessDen Get more business news by signing up for our Economic activity Now newsletter