A nearly $50 million redevelopment project has resulted in the opening of Bank Tower Apartments, a 216-unit complex. This investment is being called the largest private investment in the city's history. The project transformed a 14-story building that had been vacant for about a decade.

The building's redevelopment began in 2023, led by developer Alex Begin and his team. A ribbon-cutting ceremony was held to celebrate the official opening.

Further details about the project and its development are available from the source, including comments from the developer on the experience of bringing the project to fruition.