News: Connecticut

Wells Fargo relocates branch in New Haven

New Haven, CT Wells Fargo has relocated its downtown retail bank branch to 956 Chapel St., which is located diagonally across the town green from its previous location at 205 Church St.

The new Chapel St. branch, which was completed on November 21st, aligns with Wells Fargo’s strategy of creating a more neighborhood-focused branch network and modernizing its retail footprint for both employees and customers. Designed by Longo Architects, the 2,700 s/f space features an interactive digital board, a customer lounge area, two ATM machines, new teller windows, new consulting desks, a private meeting room, and free public Wi-Fi.

Steve Patten of the Proto Group represented Wells Fargo in the acquisition, with Justin Goldberg of the Navarinio Property Group.

In line with Wells Fargo’s corporate social responsibility commitment, the new Chapel Street branch is designed and built to the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) standards. Compared to conventional commercial buildings, the branch includes the following features:

• Approximately 50% in energy saving lighting with the use of LED lights

• Approximately 40% savings in water use using low flow fixtures

• Low toxicity paints and materials as well as strict Indoor air quality management

• Construction waste practices which contribute up to 75% of materials being diverted from landfill

• Building materials composed of recycled content

According to Kent McClun, region bank president at Wells Fargo, the new Chapel St. branch benefits from a strong location near the city’s top universities, restaurants, shopping, and hotels.

“The opening of our new downtown New Haven branch is another step forward in creating a more modern, open, and community-centric branch network for our customers,” McClun said. “Wells Fargo remains firmly committed to the city of New Haven, and we look forward to continuing to serve the community.”

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