U.S. Bank said Wednesday that it will purchase the former downtown headquarters of San Diego National Bank from federal regulators to preserve the iconic Wyland whale mural on the side of the building.
San Diego National Bank was acquired by U.S. Bank in October, but the headquarters building was not a part of the Federal Deposit Insurance Corp.-assisted transaction at that time. San Diego National's president and chief executive officer, Robert Horsman, is now regional chairman for U.S. Bank.
“This is wonderful news for the community, and especially the employees and customers who have come to U.S. Bank from San Diego National Bank,” he said in a statement.
U.S. Bank said it plans to increase utilization of the building’s space as some of its lines of business grow and plan to relocate there. U.S. Bank currently occupies approximately 81,000 square feet. New U.S. Bank signage will appear on the building at the time that the San Diego National Bank conversion takes place.
The Wyland whale mural at 1420 Kettner Blvd. was painted in 1994, the 64th "Whaling Wall" mural the environmental artist created to spread awareness about whales and the endangered oceans in which they live.
It depicts five gray whales migrating down the coast of California on their way to Mexico. The mural is visible from the I-5 Freeway and from the planes that fly in and out of San Diego International Airport.
Wyland, who started painting the Whaling Walls in 1981, aimed to paint 100 Whaling Walls around the world and completed the 100th mural in 2008.
4180 La Jolla Village Dr. Ste., 125
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March 2, 2012 -- Reporter Samantha Henry speaks with Richard Davis, president and CEO of U.S. Bancorp, who was a featured speaker at USD Burnham-Moores Center for Real Estate's 16th Annual Real Estate Conference.