Rollstone Bank & Trust breaks ground at old “Friendly’s” location
By Leominster Champion
Sept. 31, 2012
In January of this year, Rollstone Bank & Trust (RBT) purchased the land at 24 Monument Square in Leominster, the former Friendly’s restaurant. With site work completed, the Bank held a ceremonial groundbreaking to kick off the construction of its new building.
The Bank awarded the contract to R.P. Masiello, who handled the renovations of its Main Office. They are also working with Patrick McCarty of Leominster’s McCarty Engineering and the architecture firm Patrick J. Slattery Architects of Lunenburg to plan the space. Local contractors will be used for other phases of the project as well. The new location will have a full-service branch and house the Bank’s Wealth Management Division, which focuses on trusts, investments, financial planning, and insurance. The finished space is expected to be about 18,500 square feet.
“Since first extending our footprint into Leominster, nearly 20 years ago, our customer base in that city has grown tremendously,” said Martin F. Connors, Jr., President & CEO of RBT. “The new location will help us better serve our existing customers and also allow us to better accommodate our wealth management clients. That division is outgrowing its current office space, and the additional square footage will be more conducive to helping our customers with their financial planning.”
http://www.leominsterchamp.com/news/...d_Friendl.html
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Developers Discover Leominster
By Worcester Business Journal
Feb. 4, 2013
Rollstone Bank & Trust officials look over plans for their new three-story branch in downtown Leominster, slated to be completed in late spring.
Leominster has been experiencing a bit of a resurgence with new buyers for big properties and developments. It's something the city's mayor, Dean Mazzarella, said is the product of a strategic plan.
"We realized there were certain things we just weren't going to be," he said. "We focused on our downtown and some of our old mill buildings downtown."
He said 20 years ago, manufacturers would consider the city for potential locations, but be turned off by the lack of "shovel ready" sites. The city has since become home to three industrial parks and is working to set itself apart from other communities in the commonwealth.
"Our overall arching goal is to be different," Mazzarella said. "We simply know that if we're going to separate ourselves from everyone else … then we have to be different."
http://www.wbjournal.com/article/201...ver-leominster