Frost Bank to Build Green at Mueller
Frost Bank has broken ground on a new, full-service financial center, located at 1200 Barbara Jordan Blvd. in the Muellermixed-use community. The4,500-square-foot financial center, scheduled to open in Spring 2009, will offer a full range of banking, investment, and insuranceservicesforconsumer and business customers.
"Our growth in the past decade hasbeen both through acquisitions and building new financial centers in strategic areas,"said Austin RegionPresident Marvin Rickabaugh. “With theannouncement of the new Mueller financial center, Frost is continuing on the journey to expand ourpresence in key markets."
Rickabaugh also announced that Ken Gates will serve as the senior commercial lender at the Mueller location. "It is exciting to be a part of the revitalization of Austin’s former airport site into a diverse and vibrant community at Mueller,” said Gates. "We are extremely pleased to be opening a financial center at Mueller and look forward to bringing our special brand of Texas banking to current and future customers in the area."
For the first time, Frost will build a location in accordance with the U.S. Green Build Council’s LEED® Silver Certification Program. Elements that will be integrated into the design and use of the financial center include using concrete in the motor bank lanes and alternative roofing materials to take advantage of their reflective qualities; reducing water usage by 30% by incorporating low-flow toilets, aerators on faucets, and selecting low water usage plant species in the landscaping; investing in alternative energy sources; committing to the collection and storage of recyclables; utilizing regional materials in the construction of the facility; and selecting and installing low gas emitting materials, such as adhesives, sealants, paints, wall coverings, and flooring.
Frost is the banking, investments and insurance subsidiary of Cullen/Frost Bankers, Inc. (NYSE: CFR), a financial holding company headquartered in San Antonio, with assets of $14.1 billion at September 30, 2008.
Media:
Jessica Crow
303-567-5137
jcrow@prologis.com
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