Construction will soon be under way on a new PNC Bank building and an adjacent retail building on the west end of Silver Spring Drive, near Bayshore Town Center.
The Whitefish Bay Village Board unanimously approved a conditional use permit for the project Monday night.
The site at 106-130 W. Silver Spring Dr. was formerly a funeral home and a law office, but those buildings have been razed to make way for the bank at the northeast corner of Lydell Avenue and Silver Spring Drive and a retail building just east of the bank, on the northwest corner of Bay Ridge Avenue and Silver Spring Drive.
The developer, Tom Schafer of Bayside Development, hopes to have both buildings finished by the end of the year.
The two-story, 6,000-square-foot PNC Bank building, which includes a drive-thru ATM, received architectural approval from the village in December.
The architectural plans for the retail building will go before the Architectural Review Commission later this month. The plans are required to be similar for each building.
No tenants have been announced for the retail building, but the agreement approved by the board specifies which types of businesses can open their doors. Businesses must operate within the hours of 7 a.m. to 11 p.m.
The single story, 6,000-square-foot retail building has the potential to house four tenants, but those spaces could be combined at the request of a client, said Deborah Tomczyk, an attorney representing the developer. At least one lease has been signed on the retail building, she said.