Downtown Bank Building to Undergo ‘Major Transformation’

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Merchants and Farmers Bank_384311

A Tennessee development company will unveil plans Thursday morning for one of the biggest private projects in downtown Mobile in years.

The project is expected to include high rise condos in the Merchants National Bank building on St. Francis Street.

The 18-story bank building will undergo a “major transformation,” according to a tweet by the Downtown Mobile Alliance.  The tweet included the hashtag #penthouse living.

This tweet by the Downtown Mobile Alliance on July 26 previews an economic development announcement involving the Merchants National Bank building in downtown Mobile.

The announcement is scheduled for 10 a.m. Thursday.

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