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Santander Bank is moving its downtown Worcester bank branch to the Grid District from the Worcester Plaza tower about a block away.
Santander is moving into a storefront at 507 Main St. that's part of the Grid District development on the south side of Worcester Common, where it'll take the place of a longtime 7-Eleven site. The building has a few other retail spots, as well as 90 apartments on its upper floors.
The new location will open Monday. It is one of five Santander locations in the city, and the bank's existing employees at 446 Main St. will shift to the new location.
The Spanish banker, whose American offices are in Boston, is departing its location at 446 Main St., the glass office tower known as Worcester Plaza that's slated for renovation. Santander has been at that location since before it was acquired by the Spanish bank and was known as Sovereign Bank, and the company as the lead leasee of the property held significant sway over other tenants and renovations in the glass tower.
Worcester Plaza was bought in 2019 by Synergy Investments, a Boston commercial real estate firm planning renovations to the building and eyeing a restaurant or fitness center for the Santander space.
Santander's move is one of two bank moves taking place. Rockland Trust opened its first Shrewsbury location this week at the Lakeway Commons shopping center on Route 9. The new Rockland Trust location, which replaces a Qdoba restaurant, extends the company's presence in Central Massachusetts, which bought Milford National Bank in 2018 and opened its first Worcester location the same year.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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