Santander will leave Worcester Plaza skyscraper
Photo | Grant Welker
The Worcester Plaza was purchased by a Boston firm looking for tax breaks.
Santander will relocate its longtime Worcester Plaza branch at 446 Main St. to just about a block away at 507 Main St., spokesperson Nancy Orlando confirmed in an email Thursday.
"We expect construction on the new branch to resume soon and will close the existing location when it is completed," Orlando said.
The bank notified customers of the relocation earlier this month, she said, and the bank plans to retain all of its current branch employees following the move.
Worcester Plaza, a 24-story glass office tower at 446 Main St, was sold for $16.5 million last October, when it was purchased by Synergy Investments, a Boston commercial real estate firm.
"We are investing in our branch network and the new location will offer a welcoming environment with innovative features designed to improve the customer experience," Orlando said.
Speaking at a Worcester Chamber of Commerce event in January, Ryan Chamberlain, Synergy's director of business development, said the firm plans to spend $12 million to renovate the iconic downtown tower. Although the firm has not formally announced it, the tentative plans for the former Santander space call for a restaurant.
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