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W W W. M A I N E B I Z . B I Z 19 A P R I L 2 0 , 2 0 2 6 F O C U S B A N K I N G / F I N A N C E / I N S U R A N C E the new building, which will also have offices and meeting space for customer-facing employees. e project cost hasn't been final- ized yet, but it's anticipated to be between $14 million and $19 mil- lion. e permitting process is well underway. "We've been working with the city of Augusta on the approval pro- cesses," says Silsby. "ose continue to move along." Pending approvals, the goal is to break ground in July and to occupy the building by the end of 2027. e project team includes Auburn architectural firm Platz Associates and Augusta construction firm Lajoie Brothers. e design picks up elements of the Augusta House, an early 20 th century hotel that once sat off the nearby Memorial Circle rotary. "I've got a couple of bricks from when I was 7 years old and they took that down," reminisces Silsby. "It was quite iconic here in the city." Next-door building In December, Kennebec Savings bought the former Maine State Grange building, next door at 146 State St. Built in 1790, the building is structurally sound and Silsby says the bank is committed to preserving it. Features include original tin ceilings and the remnants of a carriage house "turntable," a rotating platform once used to turn horse-drawn carriages and then vehicles. "When it became more likely that it was going to be sold, we decided to step in and buy it," says Silsby. "It's in the city's historic district. We intend to make sure it continues to be used for some purpose. We'll determine what that is eventually." In the short term, the property, which shares a driveway with 150 State St., will help improve traffic flow and parking during the con- struction of the new building. C O N T I N U E D O N F O L L OW I N G PA G E » W I N D O W S & D O O R S Damariscotta Showroom H A M M O N D L U M B E R . C O M | 1 - 8 0 0 - H A M M O N D L o o k i n g t o s t a r t a w i n d o w s & d o o r s p r o j e c t ? W e ' d l o v e t o h e l p ! V i s i t o n e o f o u r s t o r e s t o g e t s t a r t e d ! 34 LOCATIONS ACROSS MAINE & NEW HAMPSHIRE SHOWROOMS SHOWROOMS Mainebiz highlights the innovation happening all over Maine. I constantly find new companies to be inspired by, and I love seeing fellow Maine businesses growing and thriving. — Becky McKinnell Founder & CEO, iBec Creative and Wildwood Oyster Co. 78% of Mainebiz readers spend 15 minutes or more reading each issue 77% of Mainebiz subscribers are the #1 decision-makers at their business. INFORM. ENGAGE. CONNECT. ENGAGED AUDIENCE FOR ADVER TI S I NG OPPOR TU NI TI ES, EM AI L ADVERTISING@MAINEBIZ.BIZ 82% of Mainebiz readers are college graduates STATEWIDE, SUBSCRIPTION-BASED BUSINESS PUBLICATION IN MAINE. WE ARE THE ONLY AUDITED, P H O T O / C O U R T E S Y K E N N E B E C S AV I N G S B A N K R E N D E R I N G / C O U R T E S Y K E N N E B E C S AV I N G S B A N K The Kennebec Savings Bank branch now in the historic Tappan-Viles Mansion will move to the new building. The mansion will remain as the bank's headquarters. Kennebec Savings Bank is proposing construction of a five-story building, at top, behind its headquarters in the Tappan-Viles Mansion at 150 State St. in Augusta.

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