Credit: MySA
By Richard Webner Updated 12:43 pm, Thursday, June 28, 2018
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Jefferson Bank executives have purchased nearly an entire city block on Broadway across from the Pearl that was recently rezoned to allow for the construction of retail and high-rise offices.
1990 Broadway LLC, a company that Jefferson Bank President Paul McSween and three other executives formed earlier this month, purchased seven properties totaling nearly 1.7 acres last week at the northeast corner of Broadway and East Grayson Street, property records show. They comprise that entire block except for the building that houses the Still Golden Social House bar.
The property purchased by Jefferson Bank’s executives is catty-corner from where local credit union Credit Human is building a 10-story, $112.5 million headquarters with the help of an $8.8 million incentive package from the city and county. The company plans to move 435 employees there from its current headquarters on the North Side and to hire another 50 workers.