News: Financial Digest

Maugel DeStefano Architects designs new bank branch for Milford Federal Bank

Milford, MA Maugel DeStefano Architects has begun construction on a new Milford Federal Bank branch located at 67 Medway Rd. 

Sited on the high visibility corner of Medway and Branch Sts., the ground-up construction features a large open concept public banking area with exposed structure, individual banking pods, private lender and manager offices, a conference room, and an employee break room. The design concept marries the welcoming experience of being at home – familiar to long-standing members – with a fresh, innovative aesthetic to attract new members. Exterior features include a walk-up ATM in the main vestibule, canopied drive-up teller locations, and a monumental sign with a flagpole and seating area.

“Milford Federal’s thoughtful team took great care to create a modern banking environment that reflects the bank’s brand and vision,” said Sarah Cormier, project manager at Maugel DeStefano Architects. “The end result is a welcoming space that provides all the modern banking amenities while retaining the friendly, family-like culture cherished by all clients – both long-time and new.”

In addition to Milford Federal and Maugel DeStefano Architects, team members include Lobisser & Ferreira, general contractor; BLW, MEP/FP; TFMoran, structural; and Allen Engineering, civil. 

Construction completion is scheduled for the end of 2023. 

Celebrating 30 years, Maugel DeStefano Architects shapes exceptional spaces and creates environments for innovation and growth. Their designs come to life in millions of s/f of commercial and residential real estate throughout New England for a wide range of clients and industries, including commercial, multifamily, healthcare, science and advanced technology, industrial, and residential.

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