Aim Bank in Littlefield, TX

The new banking facility at 1810 Hall Avenue in Littlefield is a 4,835-square-foot structure built by First Bank & Trust. The project involved the new construction of a complete banking environment, including a lobby, offices, restrooms, and a break room. Specific functional areas include a safe deposit vault, work rooms, and storage rooms. The drive-through configuration consists of one commercial lane, two typical lanes, and one dedicated lane for an ATM. TDLR closed the project file in December 2020, which marks the end of the accessibility review process for this construction.

Project Scope and Cost

The estimated cost for this new construction was $1,290,000. This figure translates to approximately $267 per square foot. In comparison to other new construction filings in Lamb County, this cost is above the county median for its type. The median estimated cost for similar projects in the area is $850,000. The scheduled build window for this project was 214 days, which is close to the county median of 214 days. The $267 per square foot cost is above the county median of $131 per square foot. These figures are derived from TDLR-registered new construction filings in the region.

JDMA Architects served as the design firm of record for this project. The registered accessibility specialist was Stephen D Macphie. The project was privately funded on private land for private use. It was registered with TDLR in April 2020, with a construction start date of May 2020. The completion date listed on the filing was December 2020. This date has passed, and the project status is closed. The TDLR file was closed in December 2020. This closure signifies that the accessibility review process for this construction is complete.

Local Context

The facility is located in ZIP code 79339. According to U.S. Census ACS 2023 five-year estimates, the population of this area is about 6,707. The median household income is $57,035. There are 3,081 housing units in the area, with housing mostly owner-occupied. The median owner-occupied home value is $76,500. These Census estimates provide context for the local market where the banking facility is situated. The construction of this new facility adds to the commercial landscape of Littlefield, Lamb County.

Local coverage reported that Aim Bank announced a new location in Littlefield. A post by KCBD described the bank breaking ground on a new branch at this address. BankerAdvisor describes Aim Bank as a community bank with a mission to provide exceptional customer service. The specific details of the construction, including the scope, cost, and timeline, are documented in the TDLR records. The completion of the accessibility review in December 2020 indicates that the structural and design elements required for accessibility were reviewed and closed out by the state.