New bank building planned at Wildhorse |

New bank building planned at Wildhorse

Millennium officials expect to break ground in July

Millennium Bank officials hope to break ground on a new building in Wildhorse Marketplace by mid-July. The bank now has headquarters in a storefront in Wildhorse.

— Millennium Bank expects to break ground by mid-July on a $2.5 million dedicated bank building in Wildhorse Marketplace, just off Mount Werner Road.

“We’re pretty excited. It’s sooner than we had planned. The bank is doing well enough to do this, and I fundamentally think it’s the right thing to do just to get people working and get the dollars back into the community,” bank President Paul Clavadetscher said.

The Steamboat Springs bank is one of six operated by Edwards-based Millennium Bankcorp. Other locations are in Breckenridge, Vail, Winterpark/Frasier and Englewood.

Millennium opened in July 2006 in a storefront in Wildhorse Marketplace with six employees. That number has increased to 10.

Clavadetscher said the new building will afford space for safe deposit boxes and, for the first time, a drive-through window.

“It will also provide a greater level of confidentiality,” Clavadetscher said. “With 10 employees now, our desks are just a little too close together.”

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One thing that won’t change is that teller customers will continue to have the option to sit down at a desk with bank staffers, even if they’re only depositing a check.

The 10,654-square-foot building will be devoted exclusively to the bank’s use. It will be built on a 1-acre, triangular lot west of the movie theater.

The general contractor is Holmquist-Lorenz Construction.

“Choosing a contractor was the hardest decision I’ve made in 34 years,” Clavadetscher said. The difficulty wasn’t in finding a well-qualified contractor, he said, but in choosing among longtime customers who are well-qualified.

Principal Travis Holmquist understood.

“He’s very customer-oriented, and all of his customers are important to him,” Holmquist said. “Any opportunity is important to us, but especially this year. We work really hard at chasing jobs that fit us in terms of scheduling and manpower availability. This is one we really wanted.”

When subcontractors are included, more than 100 people are apt to work on the Millennium Bank building, Holmquist said. That probably doesn’t include specialized contractors needed for a bank building – a business that installs pneumatic tubes for a drive-through, for example.

The site for the new bank was contemplated as a freestanding restaurant when Wildhorse Marketplace first won city approval in 2003. The bank represents a use by right in the zone district, according to documents on file with the city of Steamboat Springs. However, Senior City Planner Bob Keenan said the vested approval for the commercial center required that any new building on the undeveloped lot still must comply with mass and scale regulations and with the architectural theme of the existing buildings.

The bank building will feature a variety of roof styles and a tall element evoking a historic granary. Its exterior materials will include the same stucco and stone veneer as the existing buildings. It will feature extensive corrugated steel; however, it will be in a deep burgundy color instead of the corroded steel used on existing buildings.

Planning Commissioner Dick Curtis praised the architecture when the building was approved in March.

“I’m very happy to see that it’s a unique design,” Curtis said. “I feel that it will fit in very well.”