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A growing banking company is planning a branch location at a burgeoning mixed-use development in Lexington County.
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Fifth Third Bank, a Cincinnati, Ohio-headquartered company with locations across a number of states, is bringing a branch to the Platt Springs Crossing development along Platt Springs Road in the increasingly busy Red Bank area of Lexington. The coming Fifth Third location is listed in the commercial activity section of the May agenda the Lexington County Planning Commission.
The bank branch will be located next door to a Whataburger restaurant at Platt Springs Crossing. Construction fencing and some heavy equipment were on the site when a reporter went by Tuesday, and there was a Fifth Third sign on the property that read “New bank taking shape.” An anticipated opening date for the branch has not been publicly announced.
There are nearly 1,100 Fifth Third locations across 12 states, according to the company’s website. Some of those states include South Carolina, Ohio, Alabama, Florida, Georgia, North Carolina and Tennessee, among others.
The company is just gaining its first foothold in the Midlands. Aside from the under-development Fifth Third at Platt Springs Crossing, there also is a branch under construction at 146 Harbison Boulevard in the busy Harbison shopping district, as well as one in development on Devine Street in Columbia.
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Platt Springs Crossing is a 60-acre, $65 million mixed-use project that is quickly expanding off Platt Springs Road near South Lake Drive. Businesses that already are operating at the site include a Lowes Foods supermarket, a Panda Express Chinese restaurant, the aforementioned Whataburger, a Chipotle, a Big Blue Marble Academy early childhood center and a Prisma Health urgent care facility. A new Planet Fitness gym also is being prepped at the site.
Developers have announced that Tropical Smoothie and Venus Nails have signed leases to be a part of the development, and Lexington County public records have shown a LongHorn Steakhouse is being planned there. Also, there are 142 townhomes planned on the northeast end of the property.
The Red Bank area in south central Lexington County has boomed with growth in recent years with new subdivisions, schools, businesses and more. About 18,500 cars per day travel down Platt Springs Road near the Platt Springs Crossing development, per state Department of Transportation data, while more than 27,000 cars per day traverse South Lake Drive nearby.
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