"From a market perspective, we know that Charleston is where we need to be," she said. "It's the capital city, and it gives us the opportunity to serve this lucrative market and expand our footprint in West Virginia."
Charleston assistant mayor Rod Blackstone said the city welcomed the new investment in the downtown area. He said the improvement along Washington Street would go well with the city's plans to revamp the area around the Charleston Civic Center in the coming years.
"We want Charleston to be the economic, recreational and cultural capital of the Appalachian region," Blackstone said. "It's good to know there's a bank in Morgantown that knows Charleston is the place to be as well."
The site will feature a wraparound drive-through that will have entrances and exits along Washington Street. Officials said that was to respect neighbors' wishes to keep traffic on Margaret Street at a minimum.
MVB Bank will occupy the first two floors of the four-story building. The top two floors will contain about 12,000 square feet of Class-A office space.
Gregg said the company has already received interest from potential occupants.
"We've had a great response so far," she said.
Contact writer Jared Hunt at busin...@dailymail.com or 304-348-4836.