The City of Tempe and the Mill Avenue District welcomes Comerica Bank on Mill Avenue just south of the light rail station at 3rd and Mill. While the paper recently reported on some of the casualties of Mill Avenue, the city knows there is a new interest among certain types of business in the area. At Rail Life, we have been fortunate to meet with many of the people from the Chamber, the City and some of the business groups focusing on re-energizing a technology and social media "vibe" to the area. While a bank might not be the sexiest business to open in Tempe, it is great to see positive developments in an area we feel has so much potential. In talking with several business owners near the northern part of the Mill Avenue District, I hear optimism of a renewed interest in part from the accessibility of light rail. There is even a rumor of a new brewery coming just east of Mill in the (hopefully) near future. Said Richard Stuart of Lunchbox Collective: "We see a ton more foot traffic in the area since the opening of light rail." Generally, foot traffic means good things for business.
Here is a release from the Community Development team at the City of Tempe. Thanks Kris, Maybe I'll see ya' on Monday morning to check out the coffee and pastries. 🙂
New bank celebrates branch on Mill Avenue
Comerica Bank shyly opened its doors at the end of December but now, they are hoping to be a more vibrant part of the Tempe community.
On Monday, March 2, at 8:30 a.m., the bank will host an open house. Stop by for coffee and pastries and a look at Tempe's newest bank. Members of Tempe City Council will be on hand. Meredith "Russ" Russell, president of Comerica Bank operations in Arizona, is also expected to attend.
Comerica Bank is located in the new Fifth and Mill Building, on the southeast corner of, well, Fifth Street and Mill Avenue. It's adjacent to Dunkin' Donuts. This branch in the heart of downtown Tempe could assist the more than 20,000 employees, 65,000 students and the thousands of tourists in the downtown each day. It is just a block from the light rail station at Third Street and Mill Avenue.