Rimview Inn, the white, two-story hotel that has long occupied the corner of North 27th Street and 10th Avenue North, has been sold to Opportunity Bank and will soon be demolished.
In its place, Opportunity will build a bank branch with a drive-through on one portion of the property and a quick-serve restaurant across the lot, also with a drive-through, according to city documents.
Bank officials have plans to announce more details about the project next week; the sale was completed on Tuesday and the bank is still taking inventory of what it now owns.
Sanderson Stewart, the consultant on the project, and Dennis Randall, the broker, had requested a special review with the city on the property late last year, prior to the sale. The group wanted permission to construct two buildings that would both have drive-through windows.
The city's planning division recommended approval of the special review on the condition that the drive-through windows would be open only between 6 a.m. and 10 p.m. The recommendations also called for landscaping, lighting and sidewalks that would focus on pedestrian safety.
The property is zoned community commercial and is bordered to the east by an alleyway that runs between North 27th and North 26th streets. The property east of the alley is zoned residential and the planning division also recommended the developers take steps to minimize the impact of the project on its neighbors to the east.
The plan also calls for a small parking lot that will sit adjacent to the bank building on the corner of the alleyway and 10th Avenue North.
The group agreed to the recommendations. In their applicant letter, the developers told the city their project would provide "essential services to the community and neighboring businesses." They also explained that their project would bring the property up to current city code, "which will positively impact the property, surrounding properties and North 27th Street frontage."
The city council approved the plan at its meeting on Nov. 27. That, in turn, cleared the way for the sale of the property on Tuesday.