WALNUT CREEK, CA–Officials with locally based Scott Valley Bank have announced they will tear down the Contra Costa Banking Center here to make room for a high-rise office and residential building. The project, which will comprise 40,000 sf, will be located south of the Dean Lesher Regional Center for the Arts. It would include retail on the ground level topped off with residential units and offices. Residents who have a northern exposure will have a full view expanding the Carquinez Straits, according to bank officials.

In addition to tearing down the current Scott Valley Bank at 1500 North California Blvd., the project would include the parking lot next to the bank, which is situated on Bonanza Street between Locust Street and North California Boulevard.

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