Construction of the building at 502 N. Fifth St. in downtown David City was completed in 1905.
On Feb. 5, work began on its demolition.
Bank of the Valley acquired the former home of Sue's Just a Buck back in August 2018 with plans of constructing a new service branch on the lot, as previously reported by The Banner-Press. Jason Lavicky, president and chief lending officer of Bank of the Valley in David City, said officials were running out of room at their current location at the north entrance of the town, 1855 N. Fourth St.
The new single-story facility will house eight office workers, a teller line and a drive-through. The majority of people working at the new location will be transferred from the original David City building. This branch will continue operating as usual after the new building is finished.
“We’re out of room. We’ve got people sharing offices, we keep on growing and the thought is if we can get down there (we can have) another presence,” Lavicky said. “It’s kind of a win-win for everybody.”
Work on the city’s Downtown Improvement Project (a separate project focused on the downtown area's roads) is expected to resume on March 20 and be completely finished by May 24. Lavicky said the goal is to have the basement of the building filled in and the building demolished within two to three weeks as to not interfere with ongoing road construction.
Tim Beaver is the owner of Kobza Motors, based on the same block as Sue's Just a Buck. Sue Vidlak owned and operated the variety store for 15 years before retiring in summer 2017. Over the years, the building was home to businesses such as a car dealership, a Hinky Dinky grocery store, Montag’s Carpet and Rasmussen Sports Shop. Beaver said the building's disappearance will be noticeable, but he added he appreciates the bank's plan to make the new service-branch fit in with the rest of downtown.
“It’ll be a big change, but I think they’re doing it the correct way. They’re going to construct the new building to (look like the rest of downtown), it’s not going to stick out,” Beaver said. “I think it’s going to be nice for downtown David City.”
Foreman Lumber and Construction out of Columbus is the general contractor for the project. Lavicky said the company constructed the bank's service branch in Columbus. While Beaver isn't concerned about construction affecting business, the project has had an effect on H&R Block tax services located next door to the demolition. A sign was posted on the door stating they would be closed on Feb. 6 and possibly Feb. 7 due to the demolition.
“I know it’s their busy season, and it’s too bad,” Lavicky said about the disruption to H&R. “The timing of us taking that down is in their busy season and there’s not a whole lot we can do based upon contractors and meeting deadlines and working with the city with the streets.”
The new service branch is expected to be up and running sometime during winter 2020.
Eric Schucht is a reporter for The Banner-Press. Reach him via email at firstname.lastname@example.org.