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Fifth Third Bank coming to Platt Springs Crossing in Red Bank. What to know

A Fifth Third Bank branch is in development at Platt Springs Crossing off Platt Springs Road in Lexington County’s Red Bank area.
A Fifth Third Bank branch is in development at Platt Springs Crossing off Platt Springs Road in Lexington County’s Red Bank area. chtrainor@thestate.com

A national banking company is establishing its presence in the Midlands with a new branch at a fast-growing Lexington County development. Fifth Third Bank will open at Platt Springs Crossing, joining a roster of restaurants, retailers and services already operating at the 60-acre site.

FULL STORY: A popular, growing Lexington County development will get a new national business

Here are key takeaways:

  • Fifth Third Bank, headquartered in Cincinnati, is building a branch at Platt Springs Crossing along Platt Springs Road in the Red Bank area of Lexington, next door to a Whataburger restaurant. An opening date has not been publicly announced.
  • The Cincinnati-based company operates nearly 1,100 locations across 12 states and is just gaining its first foothold in the Midlands, with additional branches under construction at Harbison Boulevard and on Devine Street in Columbia.
  • Platt Springs Crossing is a 60-acre, $65 million mixed-use project that already includes Lowes Foods, Panda Express, Chipotle, Big Blue Marble Academy and a Prisma Health urgent care facility.
  • New additions on the way include Planet Fitness, Tropical Smoothie, Venus Nails and a planned LongHorn Steakhouse, along with 142 townhomes on the northeast end of the property.
  • The Red Bank area has boomed in recent years, with about 18,500 cars per day traveling Platt Springs Road near the development and more than 27,000 cars per day on nearby South Lake Drive, according to state Department of Transportation data.

The summary points above were compiled with the help of AI tools and edited by journalists. The full story in the link at top was reported, written and edited entirely by journalists.

Chris Trainor
The State
Chris Trainor is a retail reporter for The State and has been working for newspapers in South Carolina for more than 21 years, including previous stops at the (Greenwood) Index-Journal and the (Columbia) Free Times. He is the winner of a host of South Carolina Press Association awards, including honors in column writing, government beat reporting, profile writing, food writing, business beat reporting, election coverage, social media and more.
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