Bank of the Ozarks awards construction contract for Cornelius branch

Bank of the Ozarks last week awarded a construction contract for a branch it plans to build in Cornelius, an official for the bank said.

Cindy Wolfe, the bank's president for the Charlotte region, said the contract was given to Cornelius-based J.D. Goodrum. David Goodrum, owner of the company, said the construction value of the project is roughly $1.5 million.

Construction will begin in the next two weeks with completion expected in February, Goodrum said.

The one-story branch will be at 19811 W. Catawba Ave. and be Bank of the Ozark's third in North Carolina.

The bank opened a two-story, 11,050-square-foot branch at 4200 Park Road in Charlotte in March. It also has a branch in Wilmington.

According to building permit data, the construction cost of the Park Road branch was $1.8 million.

Bank of the Ozarks is based in Little Rock, Ark.