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PROVO -- A new business complex built by Zions Bank Building officially opened in downtown Provo.
Business executives, government and community leaders gathered at a luncheon Friday to celebrate the Zions Bank Financial Center located at 180 N. University Avenue.
President Thomas S. Monson of The Church of Jesus Christ of Latter-day Saints attended the event and offered a prayer of dedication on the new building. He and others then joined for the traditional ribbon cutting.
The new eight-story structure gives the bank a high profile location and brings more of a skyline to Provo's downtown area. Some of the architecture on the outside of the building resembles Zions Bank's original location in downtown Salt Lake, including a vintage style clock.
Gov. Gary Herbert used the event as an example of the private sector helping to revive the economy.
"They've given home loans to young couples to build homes. They've given small business loans to fledgling ideas and opportunities for businesses to grow and develop," he said. "They've had an outreach minority population which has become significant, including the banking program for our Hispanic community, which is growing in a significant way here in Provo."
The bank is the anchor tenant at the complex, with a branch and offices for its central region. Other commercial tenants also are located in the building.
Plans are underway for retail or food businesses to move in along the street in an effort to bring more foot traffic to downtown Provo.