Local News

Bank Makes Major Investment In Downtown Fayetteville

Posted April 18, 2003 9:55 a.m. EDT

— 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.