Over 50 people braved the cold weather and snowflakes for the Valentine’s Day Groundbreaking of the new home of Heartland Bank in Newark. The bank welcomed government and business leaders to this historic event. “We couldn’t be happier with the turnout. It shows we have a lot of support in town,” said G. Scott McComb, President and CEO.
What better way to tie in ‘We Love Newark’ than to have the groundbreaking for Heartland Bank’s new office on Valentine’s Day!
Newark Mayor Jeff Hall thanked Heartland Bank for beginning what the city hopes becomes an attractive welcome to downtown visitors taking the Fourth Street exit. Mayor Hall commented, “We certainly appreciate Heartland’s seal of approval for the future of Newark. We hope it’s just the start of good things to come in the downtown area.”
The city of Newark has spent a couple of years tearing down and clearing land for a new downtown development. Developer Jerry McClain has spent about $3 million buying and demolishing old, dilapidated buildings near the improved downtown interchange. “Newark is lucky to have somebody like Jerry,” McComb said. “He wants to give back to the community. The downtown has a lot to look forward to.”
Jerry McClain stated, “This is the beginning on the west side of downtown Newark and the hotel going to the east. Two new projects, and then we’ll start filling in the middle, potentially with two new restaurants.”
After 18 years of being located on the Courthouse Square in downtown Newark, Heartland’s new location will be larger and more conveniently located to serve the residents, businesses and the Newark community as a whole. The new office will be located at 44 W. Locust Street (corner of 4th and Locust Streets). The building will have Georgian architecture with red brick walls and white columns, and over 4,500 square feet - almost double the size of Heartland’s current Newark Office.
The demolition of The Eatery will begin in less than two weeks, with the bank opening in the third quarter of the year. Heartland Bank will remain open at its North Park Place location until the new building opens.