[bystander1]

Here's some news (that we already knew a while back) from the Birmingham Business Journal:


Colonial BancGroup to build new corporate HQ in Montgomery


Colonial BancGroup Inc. officially confirmed Wednesday night what many Montgomery area residents have known for months: The bank holding company will build a new corporate headquarters on a 25-acre site in the capital city.

The 218,000-square-foot headquarters will consist of a six-story operations building and a three-story executive building joined by a rotunda lobby. The new headquarters will be home to more than 550 employees.

Goodwyn Mills and Cawood Inc., a Montgomery-based architectural and engineering firm that also has a Birmingham office, designed the building. Birmingham's Brasfield & Gorrie LLC is the general contractor.

Colonial BancGroup (NYSE: CNB) has assets of about $21 billion and 309 banking offices in Florida, Alabama, Georgia, Nevada and Texas.



They chose sprawl over a 16-story HQ downtown.