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Drive-Thru Bank, Store Coming to Former Jaguar Dealership Site

Plan approved by Madison zoning board.

A drive-thru bank and a one-story retail building have been approved for a former Jaguar dealership site at 134 Main Street in Madison. Credit: Jake Remaly
A drive-thru bank and a one-story retail building have been approved for a former Jaguar dealership site at 134 Main Street in Madison. Credit: Jake Remaly
A developer plans to build a drive-thru bank and a separate one-story retail building on a former Jaguar dealership site on Main Street.

The Madison zoning board approved an application by Tiro Associates LLC at its meeting on Monday.

The Jaguar dealership that operated at the site, 134 Main Street, moved to a new location in the borough several years ago.

Investors Bank plans to move its Madison branch to the new bank once it's built.

A tenant for the other planned building hasn't been announced. RFK is marketing the property.

Marketing brochure for property with renderings (PDF)
Kara January 16, 2014 at 09:30 AM
Who is running this town? A BANK!!!!!! Are you kidding me. I love Madison but the town doesn't need another BANK. No wonder people do not shop in this town. The council has to start thinking out the box.
DidUReallyJustSayThat January 16, 2014 at 09:50 AM
How about postings some pictures of what has been approved. As bad as the current building is, will it be an improvement? And do we really need ANOTHER bank building in Madison? Time to put a cap on the number of banks, nail salons and liquor stores.
Aladdin Sarsippius Sulemenagic Jackson III January 16, 2014 at 10:10 AM
Soviet style central planning is what we need here - agree.
KeepItReal January 16, 2014 at 10:21 AM
Reading comprehension much, Kara? "Investors Bank plans to MOVE (emphasis mine) its Madison branch to the new bank once it's built." Banks are a blight on our fine town to be sure, and the reason people do not shop there. /sarcasm_off By the way, did you notice that very few banks are in the central shopping district? How exactly are they driving people away? What I wonder is what will become of the current bank building at the Madison Plaza. I'd like to see Starbucks move there, personally. Much better parking with drive-thru possibilities.
Jake Remaly (Editor) January 16, 2014 at 10:35 AM
Right, the town's not necessarily gaining a bank. Investors is currently on Waverly. I wonder if their sign displaying the time/temperature will stay in some form. Added a link to a PDF of a marketing brochure for the property that includes some renderings. Will see about official plans, but that should give an idea of what's in store
KeepItReal January 16, 2014 at 10:42 AM
Ah, I was confused them with Union Center bank. Anyway, even better to get another bank out of the central shopping district. That will leave only Chase there. Some day, I'd love to see Chase ship out and turn that grand, high-ceiling'd building into a restaurant.
Lucy January 16, 2014 at 11:00 AM
No comments about a "drive thru" which was prohibited from use in the borough in 2008? ORDINANCE NO. 59–2008 SECTION 1. Chapter 195-32.4 of the Madison Borough Code, Land Development Ordinance entitled "CBD-1, CBD-2 Central Business District Zones regulations" is hereby amended to add the following: 195-32.4 E. Prohibited Uses (1) Drive thru windows associated with any use, including, but not limited to retail sales and services, business services, restaurants, and financial institutions.
MadLaxDad January 16, 2014 at 01:18 PM
From the plans it appears there will be an entrance/exit onto Alexander avenue. That street is busy with afternoon pick up and drop off of kids from MJS, lots of parents park there and wait and kids walk down that street. I wonder if any consideration was given by the planning board about having a drive through on that corner and the traffic in the afternoons. The morning probably not a big issue as banks don't open until after the kids are in school.
Aladdin Sarsippius Sulemenagic Jackson III January 16, 2014 at 02:01 PM
The Jaguar dealership had a driveway out to Alexander that was used alot, and there was never an issue. Doubtful bank drive-in traffic is any worse. Look forward to seeing something built to replace that eyesore.
BeardedMike January 16, 2014 at 03:44 PM
MadLax - planning board spent a ton of time on this, including several open, public meetings. Lots of discussion about every facet of the plan. I only know this because, coincidentally, several friends of mine had to wait through the exhaustive conversations to get their residential variance requests heard in the sane meetings.
DidUReallyJustSayThat January 16, 2014 at 04:08 PM
The PDF shows the second building on the property (the blue building on the map on page 2), not the bank. It's interesting that they decided to go with two single-story buildings and each up real estate rather than a two story building with more land for parking spaces. Any idea what the bank will look like?
Lucy January 17, 2014 at 11:48 AM
There was always an issue with the Jaguar dealer driveway. Half the time you couldn't get up Alexander from Main Street because of delivery trucks, car carriers, etc. and forget trying to walk there. A bank will be an improvement, but the issue is that drive thrus were prohibited from the commercial district...how did that get approved? Walgreens wanted a drive thru and it was squashed. It seems that those in charge pick and choose who has to follow the rules and who do not.
The Good Guy January 18, 2014 at 11:22 AM
I like the idea that banks are employing American workers right here, but seriously, how often does the average person in our completely electronic society enter a bank? The last time I used a bank was 2011 to change rolled coins into cash (I could have done that at the Stop & Shop but there is a bank in the building I work at). Prior to that, I hadn't been in a bank for as long as I can remember. There is no need for bank buildings any more. Maybe if all these banks got rid of their expensive buildings, they can give me more than .05% interest on my money that they are leading to people to buy overpriced homes.

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