The shopping center, marked by an historic tall flagpole that used to help motorists on old Highway 50 find the Pleasanton exit, now serves a number of small retailers and service businesses. These include a flower shop, nail salon, photo studio and supply store, and medical, real estate and insurance offices.
Those businesses expect to receive eviction notices shortly with Chase planning to demolish the two buildings that occupy nearly 12,000 square feet of the shopping center site.
The new bank will be Chase's fourth in Pleasanton with other Chase banking locations now on Main Street, Stoneridge Mall Road, Hopyard Road and with an ATM machine in the CVS Pharmacy in the Rosewood Pavilion.
The new bank site will include a 3,431-square-foot building, a detached drive-through banking facility and 32 parking spaces. A one-lane drive-through facility will include an ATM machine and banking services.
The site is across from ValleyCare Medical Center.
The Planning Commission voted unanimously to approve the Chase Bank plan with no one appearing at a public hearing to oppose the plan. Unless the decision is appealed, the commission's decision becomes effective in 30 days.