Project Spotlight: Redevelopment by Hutchinson Plum LLC
Christian Ablah, a successful real estate developer, has been a Bank SNB customer for more than a decade. His company, Hutchinson Plum LLC, recently took on the redevelopment of a large, 51,000 square-foot building in a prominent part of Hutchinson, Kansas formerly occupied by Osco Drug. The building has been vacant for some time, so the community has embraced its renovation, which is spurring other activity in town.
With the help of Bank SNB’s financial resources, Hutchinson Plum was able to purchase the building and renovate the space in preparation for new tenants, which will include Planet Fitness. Final improvements are been made, and the company is now open for business.
Christian was drawn to Bank SNB’s local presence in Hutchinson, as well as our lending capacity to do the project. Over the past decade, he has also had deposit accounts with the bank and used our treasury management services. It has been a privilege to help Hutchinson Plum turn what was once an eyesore in a highly visible commercial area into a vibrant piece of the community once again.