[Urbannizer]

United States National Bank Building

The United States National Bank Building in Galveston is being converted from office to mixed-use.

https://www.galvnews.com/business/bu...7f7850940.html

Renovations now underway as of 6/10: https://www.galvnews.com/business/bu...d5e3aadfe.html

Major makeover: In other island luxury apartment news, crews are expected to begin demolition work in the 12-story United States National Bank Building, 2201 Market St. downtown, as part of a $14.9 million renovation that will yield 64 luxury apartments.

Along with high-end apartments, developer Hadar Goldman plans to add a rooftop event center with a bar and pool, along with a street-level spa, wellness center and yoga studio. Previous street-level tenants already have moved.

The building would offer all the modern amenities, while respecting Galveston history and tradition, Goldman said. Frost Bank will continue to lease the second and third floors of the building, while Kempner Capital Management will remain on the 12th floor, Goldman said. Principals of Kempner Capital Management have a long history with the building, inspiring Goldman to allow the firm a lease for as long as it wants one, he said.