November 01, 2018
Clarksville bank to move office to North Gulch
First Advantage will open retail branch, operations center in early 2019
First Advantage Bank will relocate its lone Davidson County branch to Capitol View from the West End corridor.
A February 2019 opening is eyed, with the bank to take space in the mixed-use building home to The Residences at Capitol View and to be home to a Publix. Earl Bradley, CEO of the Clarksville-based banking company, emailed the Post that the move to the North Gulch will allow First Advantage to be more attractive to potential hires and to offer customers and employees the convenience of indoor parking.
“We are excited to continue to be part of the Nashville community as our business grows,” Bradley said. “We will have a retail presence (about 1,300 square feet) on Charlotte Avenue to accommodate the growing demand of our deposit products as well as a 14,000-square-foot banking operations center that will include commercial lending, SBA lending, mortgage lending, treasury management, private banking and investments.”
Nashville-based ASD is handling the interior design work for the retail space, with Harvest Construction Co., also a local company, serving as general contractor. (The above photo shows the northwest corner of the building at 11th Avenue and Nelson Merry Street. First Advantage will operate its retail space near the southwest corner of the structure and fronting Charlotte.)
First Advantage, which is not disclosing the cost to make the move and to get operational in the North Gulch building, has operated since 2012 at One American Center on West End Avenue at 31st Avenue North. That has been the company’s only Davidson County location.
Boyle Nashville and Northwood Ravin are co-developing Capitol View.
“Nashville doesn’t have another downtown urban development like Capitol View, and we’re proud to have established financial institutions like First Advantage Bank open their doors in our district,” said Thomas McDaniel, of Boyle. “Our tenants are an important part of cultivating a truly integrated downtown community at Capitol View, and the addition of First Advantage Bank as both a corporate office and retail tenant will be a great asset to the area.”
The looming relocation from West End Avenue comes as SunTrust Bank plans to cease operations on the street.
On the banking and Capitol View themes, Pinnacle operates a branch within the 1110 Charlotte building home to HCA divisions Parallon and Sarah Cannon Research Institute and located across 11th from the future First Advantage space.
First Advantage Bank operates eight full-service banking centers in Clarksville, Nashville and Williamson County and a specialized lending office in Knoxville. The entity is a wholly owned subsidiary of publicly traded First Advantage Bancorp (Ticker: FABK).