New River Bank

House located to the left of Cabo Fish Taco on Main St.  No workers or contractors were located at the site during my visit.  Notice the "No Trespassing" sign on the left.

Rear of the house.  Notice the original concrete foundation wall, with the new addition of CMU's placed on top.  An opening is pictured here, giving me the idea that this may be construction for a basement addition. 

Formwork (snap ties).  Snap ties keep the formwork at a predetermined distance, while also reinforcing the concrete. 

Formwork for placement of concrete foundation wall.

Formwork for foundation wall.  As you can see the house has been jaceked up a good 4-5 feet.

Above is a picture of an old house on Main Street that has been jacked up above the existing foundation.  From the construction, it appears that a basement is being added, possible for more office space.  I was thinking since it is a bank, possibly a vault will be installed and reinforced in the basement of the house.  Also, attached are some pictures to give you a better picture of what is going on.