Classic Bank Thorndale Branch

The Classic Bank Thorndale Branch new construction project is located at 200 West Higheway 79 in Thorndale, Texas. The project covers 5,456 square feet and was registered with the Texas Department of Licensing and Regulation (TDLR) in May 2023. TDLR closed the project file in August 2024, which marks the end of the accessibility review process for this construction.

The estimated cost for the Classic Bank Thorndale Branch was $2,500,000, resulting in a computed cost of $458 per square foot. This figure is above the county median of $167 per square foot for similar new construction filings in Milam County. The scheduled build window was 382 days, which is longer than the county median of 193 days for projects of this type.

Classic Bank acted as the owner and developer of record for this privately funded project on private land. The design firm of record was Cutright & Prihoda, a firm that has completed other projects in the region, including a branch in Rosebud and a logistics center in Sinton. The registered accessibility specialist for this filing was Timothy D Westphal.

Construction for the Classic Bank Thorndale Branch began in August 2023, according to the TDLR filing, with a scheduled completion date of August 2024. The project is located in a community with a population of about 3,297, according to U.S. Census estimates for ZIP code 76577. The median household income in this area is estimated at $70,174, and the median owner-occupied home value is $185,400.

Third-party listings, such as those on bankbranchlocator.com and usbanklocations.com, identify the location as a full-service brick-and-mortar office. A Facebook post by fb-answers noted that Classic Bank has been operating since 1889 with seven locations across Central Texas. The TDLR record confirms the completion of the construction phase for the Classic Bank Thorndale Branch, but does not specify the exact date the branch began serving the public.