In recent weeks, construction crews began work on a new project at the corner of Overland Rd. and Five Mile, in front of the Elms Park Shopping Center.
The site used to house a Jacksons Food Store and Shell gas station. Crews moved in and removed the gas station building, fuel canopy, and fuel tanks in 2017.
Now, a new building will pop up. Chase applied to build a new bank branch to replace one inside the Fred Meyer store across the street.
“Chase is proposing to construct a new bank branch, building and a drive-thru ATM with a freestanding canopy on the corner lot,” an application letter from Ariane Sanders of PM Design Group said. “In addition, the scope is to upgrade the parking lot and the landscaping on this lot.”
More tech, fewer employees
The letter notes the bank hopes to “minimize the use of bankers.” “While tellers will be available and in plain sight, the bank hopes to handle about 80% of routine needs with in-branch technology.”
JPMorgan Chase, which owns Chase, pushed into technology in recent years as a way to decrease employee expenses.
“Branches physically are changing — they’re becoming smaller and the technology is moving to the front of the branch,” Chase consumer banking CEO said in 2017 according to Business Insider. “The tellers behind the [counter] are moving out into the branch.”
A future revamp of parking for the shopping center is on deck according to the application.
“The Landlord is remodeling the site parking on the shopping center under separate application and permit,” Sanders wrote. “Overall the shopping center with the corner Chase lot will lose about 40 stalls with these improvements.”
Boise’s Planning & Zoning approved the project and drive-up bank last December.