BY KEVIN LILLY
Pharos-Tribune business writer
A building purchased by Security Federal Savings Bank in downtown Logansport is in the process of getting a facelift — but not just any new look will do.
They must meet the standards of the new downtown ordinance. The rules now apply to all development happening downtown between Eighth Street and the confluence. Security Federal Savings Bank President Annette Russell said she is glad there are organizations supporting efforts to retain the character of downtown.
Security Federal bought the building formerly known as the Modern Miss Shoe Salon to expand its Logansport operations. The bank must remodel the building before it will house the trust department, which is currently located in the back section of the downtown location.
“As we have grown, we have expanded and need more office space,” said Russell, who said she looks forward to having an entrance from Broadway for the bank’s trust customers.
“It’ll create easier access and visibility for our trust department,” Russell said. The building is next to the United Way office.
Construction has already begun. The anticipated completion date is July 1. Once the project is complete, there will be more office space where the existing trust area is.
Along the way, Security Federal must get approval from the Downtown Development Review Board that was created Jan. 23 and plans to meet for the first time Feb. 13.
Board members include Cass County/Logansport Plan Director Stan Williams, Building Commissioner Gary Scagnoli and four others to be formally named Monday.
The board was created “to make sure that whatever comes downtown is compatible with the character of downtown,” Williams said.
Standards for the downtown-zoning ordinance include “design and development” specifications such as materials used, color, signage, landscaping, building placement, architectural design and more.
“The character of downtown is unique to Logansport and Cass County,” Williams said. He said that is the main function of the ordinance. Before there is any new construction or remodeling, the party wishing to complete the project must come before the board to assure there is compliance.
For Security Federal, Russell said the bank is dedicated to the cause.
“We want to show our commitment to downtown Logansport and that we’re here to stay.”
BY KEVIN LILLY