AmTrust Bank was founded in 1889 as Ohio Savings, Loan & Building Co. The bank has changed ownership multiple times over the last 130 years with the latest acquisition coming from New York Community Bank.
Over the last decade, GSD helped the national bank expand its footprint in the South Florida market with both build-outs and tenant improvements for multiple branch locations.
The most recent involved a renovation of the Surfside branch located at 9592 Harding Avenue near Bal Harbour. The bank owner hired the GSD bank construction team to update the bank’s exterior and interior. The project involved a façade renovation including a full exterior paint and sign wrap around the building – a true work of craftsmanship.
Other tenant improvements included:
- Interior build-out
- Relocation of ATM room
- Cooling tower replacement
- Roof replacement
- Drainage replacement
The building sold for $18 million – almost $14 million more than what it was originally purchased for years after we completed the bank renovations. This AmTrust project represents one of countless renowned global, regional and community banks that entrust GSD Contracting to provide a specialized set of bank construction skills and experience.