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Bank Makes Major Investment In Downtown Fayetteville

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FAYETTEVILLE, N.C. — First Citizens Bank is making a major investment in downtown Fayetteville.

Bank leaders announced they will build a new branch at the corner of Hay Street and Ray Avenue -- the site of the old Miracle Theatre.

The $3 million project is the largest private investment in downtown in two decades.

The site, which will also feature public parking, is expected to open in 2004.