Lake City Bank’s $12 million investment in its Innovation and Technology Center is more than just a renovation—it’s a bold statement about the future of community banking and urban revitalization. As construction begins on the 35,600 square foot office building in Warsaw, Indiana, the project stands as a testament to the bank’s commitment to its hometown and a growing trend in the construction industry: the adaptive reuse of aging infrastructure.
The bank’s decision to transform a 1968 facility into a modern hub for technology and collaboration reflects a broader shift in how businesses approach urban development. Rather than starting from scratch, companies are increasingly looking to repurpose existing structures, blending sustainability with innovation. This approach not only preserves historical character but also reduces the environmental impact of new construction—a critical consideration as the industry grapples with the challenges of climate change.
“Warsaw has been our home since the bank was founded in 1872, and this project continues our 153-year history of continuous investment in our hometown,” said David M. Findlay, Chairman and Chief Executive Officer of Lake City Bank. His words underscore a deeper truth: the most resilient communities are those that invest in their own future while honoring their past.
The Innovation and Technology Center will house 110 employees, fostering collaboration among teams in Technology Services, Information Security, Application Management, and Project Management. This focus on innovation is not just about updating a physical space—it’s about creating an environment where ideas can thrive. In an era where digital banking is reshaping the financial sector, Lake City Bank is positioning itself as a leader in technology-driven solutions, all while maintaining the personal touch that defines community banking.
Kristin L. Pruitt, President of Lake City Bank, highlighted the bank’s history of revitalizing older buildings, noting that the Innovation and Technology Center will follow suit. “We’re eager to get to work on the project and look forward to celebrating its completion with the community next summer as we begin a new chapter in Warsaw with this renovation.” This sentiment speaks to a growing recognition that urban revitalization is not just about economic growth—it’s about building community.
As the construction industry continues to evolve, projects like this one offer valuable lessons. The adaptive reuse of existing structures is not just a sustainable choice—it’s a strategic one. By preserving and repurposing buildings, developers can reduce waste, lower costs, and create spaces that are deeply connected to their surroundings. Moreover, such projects often become catalysts for broader urban renewal, attracting further investment and fostering a sense of pride among residents.
Lake City Bank’s investment in Warsaw is part of a larger trend in which businesses are recognizing the value of place-based development. By anchoring themselves in their communities, companies can build stronger relationships with customers, attract top talent, and contribute to the long-term vitality of the places they call home.
The renovation of the Innovation and Technology Center is expected to be completed by summer 2026. When it opens, the building will stand as a symbol of progress—a bridge between the past and the future, between tradition and innovation. For Lake City Bank, it represents a commitment to growth, sustainability, and community. For the construction industry, it offers a blueprint for how to build not just structures, but a better world.