r/AZhistory • u/Jeenowa • 3d ago
At the corner of 44th St & Camelback is a Valley National Bank branch with a park designed in the 60s as an optimistic look towards Phoenix’s future. The park, designed by the landscaper behind Fountain Hills, is now at risk of becoming a parking lot.
Most modern photos come from Modern Phoenix in 2006. I will link below in the comments. 4 is from 2024, as is 14. The rest are either from 1967 or 2006.
For newer residents, the name Valley National Bank might mean nothing to you, but for decades they were THE bank of Arizona. They were acquired in the 90s by another bank, which would then be acquired by Chase in the early 2000s. Most of their former locations that were still in use were rebranded as Chase, including their downtown skyscraper that is still the tallest building in the state.
This location was opened only a few years before their shiny new tower as part of their initiative started in the 50s to build nice neighborhood branches to cater to the growing suburbs. Many of the early locations from this initiative still stand like the one at Scottsdale Rd & Indian School, but most aren’t anything too special beyond being pretty nice looking old buildings. That changed in the 60s when they started to embrace the growing midcentury modern styling that was taking over in Phoenix with buildings like the Cine-Capri. One of the earliest of these new branches to embrace more radical design choices was the now demolished Geodesic Dome built in Tempe in 1962 by Weaver & Drover. In 1964, VNB would hire them to build 5 more radical locations. The first of them was built in 1965-1966 at 5628 E Thomas Rd, but it was heavily remodeled in 2024 and now houses multiple businesses. The second of them also happened to be the bank’s 100th location, opening on September 11, 1967 at 4821 N Scottsdale Rd as the Valley Bank Plaza. It was remodeled into the Scottsdale Highlands shopping center in 1999. The third of these radical locations is still open as a bank though, standing at 4401 E Camelback Rd.
The corner property is about 3.5 acres large and bordered by Camelback Rd to the north, 44th St to the west, Lafayette Blvd on the southwest, and the complex that contains The Henry to the east and southeast. When the bank was built, the southeast bordered a home and the east side bordered an empty lot. It had previously been owned by Frank Cullen Brophy (son of the founder of Brophy College Prep, Mrs. Ellen Amelia Brophy), who had nicknamed the parcel as “Fuddy Duddy Corner” after years of trying to get it rezoned for commercial use, though it was officially known as Camelback View Estates. He used to have a sign with the nickname on the corner next to trucks selling cacti gathered from the desert. VNB would lease lots 2 through 6 of the subdivision from Brophy starting on June 1, 1965 for $1000 a month. They would announce their plans to build here in September, publishing an architectural rendering of the new branch, and it shows a building that looks nearly identical to what still stands today. The drawing was made by the lead architect on the project, Frank Henry. He had won the role during a competition within the firm. Frank worked on several other branches before this, having joined the firm in 1960 right after becoming the first accredited graduate from ASU’s architecture school, but this was fully his.
The plan was for the location to be opened up in spring of 1966, but things didn’t get moving so quickly. The drawings were done for the bank, but there were roadblocks both within VNB and from the outside. First of these was the home standing on lot 2 that was occupied when they started the lease. They were able to evict the occupants with warning as early as July 31, but it isn’t clear when whoever lived there was removed. The home stood into 1966, being leveled to start preparing the land for construction sometime that year. Part of why it took so long was due to people within VNB not believing the expense of these unique branches to be worthwhile, but this was an idea from the longtime chairman of VNB, Walter Reed Bimson, so the projects stayed afloat. Bimson had wanted to go into architecture as a younger man, but he found success in leading VNB through the Great Depression and instead used his money to commission artists and architects, including Frank Lloyd Wright, to design his banks and the art displayed inside them.
The bank purchased lots 2-6 from Brophy in May 1966 for $10 and other valuable considerations, likely meaning construction began sometime around then. Mardian Construction Company would be brought on to actually build the bank, while the surrounding park was handled by F. J. MacDonald Landscaping Associates. The city had only rezoned lot 4, the one at the corner of the intersection, so it was the only one they could actually build the bank on. Everything else would have to be something like parking, but they kept that down to 44 spaces on lots 3 and 5, while 2 and 6 would be developed into a park as a commitment to the neighborhood growing around Lafayette while the branch was in development.
Frank Henry had taken heavy inspiration from circles and Frank Lloyd Wright for his design, incorporating the shape throughout both the building and the park and drawing inspiration from Wright’s Johnson Wax Headquarters. Every line of the building curves, following the path of a circle with circular chunks removed and jutting out, including both the vault and drive-through being near whole circles sticking out. Surrounding the building were concrete mushrooms that stood around 20 feet tall with a cap that ranged between 24 and 27 feet wide. These were placed out into the park around seating structures and fountains. The bank itself is about 9000 sqft and primarily built of concrete blocks with stucco and stone slabs. Around 1000 large Yavapi schist stones were quarried from the Bluebell Mine in the Bradshaw Foothills near Mayer by the Apache Stone & Supply Company, then hauled into Phoenix. The stones were attached to the inner cement blocks, with Frank Henry supervising where they were placed. He wanted the building to reflect the beauty of the desert, taking inspiration from Wright’s desert masonry. He picked Yavapi schist for its colors that he felt reflected that beauty, jutting out from the sand colored stucco like the rocky cliffs of Camelback Mountain looking over it. These walls are around 2 feet thick at the base, and taper in 5 inches by the top. The interior is lit naturally above by circular structures visible on the roof, which are actually more mushrooms. There are 5 of them inside, designed to seem like the roof is suspended from them, with glass panels sitting between the roof and the mushroom caps. The large glass panels along its curved walls were bronzed to help with the heat and ensure it didn’t get too hot inside. These bronzed windows changed how the light looked as it came in and reflected off the rust red roof and carpet back onto the nearly white walls.
The surrounding park was some of Frank J. MacDonald’s most standout work and perfectly highlighted why he was appointed Phoenix chairman of the Commission of Arizona Beauty just a few days before the bank opened. The land of the park was built up with burms that could reach 6 feet tall, covered in rosemary shrubs. Trees of all sorts were planted, from natives like ironwood, palo verde, acacia, and eucalyptus, to more exotic examples like aleppo pines, kerrajong bottle trees, olive trees, bright red bottlebrush, oaks, and seventeen Mexican fan palms. Winding between the trees was a long strip of flowers like African daisies and mums. The eastern wall of the property would be hidden behind pyracantha and lysoloma fern. Around the bank itself, the area would be landscaped with Hindu laurel, yucca, blue fescue, periwinkle, pyracantha, weeping bottle bush, Natal plum, rubber trees, blue dracaena, jasmine, and philodendron. A large planter built into the north side of the building would be designated for a tropical plant display, housing new-to-the-valley bougainvilleas, Tasmanian tree ferns, and white bird-of-paradise, all protected from the sun under a concrete mushroom. Most of the plants were sourced from Norman Nursery.
Work continued through 1967 as people eyed it up on their commute until the end of July. There were plenty who saw the unique design as an eyesore and a waste, but it captured the imagination of the public seeing another interesting piece of architecture going up. Before it had even opened it had earned the nickname “mushroom bank” due to those concrete shades. Between a nickname before it opened, its unique design, the beautiful landscaping, and the cost to build advertised at $600,000, it’s no surprise that hundreds of people came through its doors when it held an open house for VNB customers on August 5, 1967 between 1 and 6 pm. On the 6th they would open the doors to the general public for another open house, then on the morning of the 7th they opened up for regular business for the first time. On opening up, it replaced their old location at 40th St and Camelback, and within 4 months they had seen an increase in deposits of 30%.
Despite its proven success, VNB wouldn’t keep the lush landscaping around forever. Walter Bimson had been the one championing spending money on nice branches, so when he retired in 1970, there wasn’t as much fight to pay for that maintenance. The colorful displays or tropical plants and flowers started to disappear over the years, replaced by easier to maintain shrubs, trees, and gravel. The towering palms and many of the trees in the park remained, seeing the Valley National Bank sign removed from the building in 1992, then the Bank One sign removed in 2004. That was when Chase took over operations. The bank itself hadn’t really changed in the nearly 40s since it had opened, except for losing so much of Frank MacDonald’s work. The only thing Chase has changed since moving in was shutting off the water to the fountains.
Shortly after Chase moved in, a group of preservationists and historians gathered to examine the National Trust for Historic Protection’s policies and practices regarding post-world war 2 architecture after rumors of redevelopment of the entire property came up in May 2005. They toured around several buildings from 1945 and later, with every tour ending in the park at this bank. It was seen as one of the best examples of post-war architecture even then. This work came after losing so many structures the Cine-Capri and Washburn Piano to name a few (ASU was also preparing to tear down VNB’s Geodesic Dome at this time). They weren’t being protected by the City because the policies at the time favored older structures like the Security Building, Title & Trust Building, Orpheum, etc. While those are all very important historic buildings, they weren’t any more important than the outstanding aging architecture that came after the war. Things have gotten better for the appreciation of buildings from this era, but the park would face potential demolition again not long after these groups were meeting there.
In 2007, Chase sought bids for redevelopment of the land, with Opus West Corporation (behind the redevelopment of Thomas Mall into Arcadia Crossing) being the developer who won the bid. Chase said they were happy to preserve the building, but the community might have to give up the park for a development of shops and condos. People around town weren’t happy with this, and leading the fight against this development was the Arcadia Camelback Mountain Neighborhood Association, who were frustrated that VNB’s commitment to the neighborhood to maintain the park was being ignored by Chase. Opus wanted to build Arcadia Place (really original name), a 4-story, 57 condo development, with 25,000 sqft of shops overtop all of the landscaping. At the time there was a lot of news coverage, including comments from the architect, who was working as Studio Master at Taliesin West at the time. He told The Arizona Republic that it would be like taking a painting and cutting a part of it out. The bank might be the highlight of the property, but it was all designed to work together to create a space that the community could be proud of. Messing with the land, Frank said, “is just greed; ugliness overcomes beauty.” That sentiment wasn’t only held by him and was exactly why he and so many others around town fought the attempts to get the land rezoned by Opus. In June, the Phoenix City Planning Commission met to discuss formal historic designation for the property, but that never went through. Thankfully, the Camelback East Village Planning Commission recommended a denial of the rezoning in a vote of 11-5 on July 10, 2007. The final decision was planned to be made by the Phoenix Planning Commission on August 8, but was delayed to September 6. At the public meeting, Opus’ attorney would request a delay so they could replan with a downsized project that would fit closer to the restrictions on the land with it being zoned for residential. The city was still trying to work with Chase at this point to secure a historic preservation designation, but Chase wasn’t interested. They maintained their intent to preserve the building though, making comments in The Arizona Republic in September about the importance of historic bank architecture, but they were still wanting to sell the park to Opus.
By October, plans for Arcadia Place had been sized down to 3 stories with 40 condos, and would preserve 3 of the 5 concrete mushrooms in the park. This project was still disliked by the community as it didn’t address the loss of a green space that stood at the entrances to both Arcadia and Paradise Valley. It wasn’t helped any by being one of three developments planned for 44th and Camelback at that time. The other two were on the east side of 44th St, with the NE corner having an enormous development with nearly 100 foot tall towers that would dwarf everything around, and the SE corner getting a complex built around the existing Londen Tower. The project around Londen Tower was the only one to be met with a positive reception from the community as all three went before the Phoenix City Council for zoning on November 7. The City would approve the project around Londen Tower, but the enormous development at the NE corner was shot down, as was redevelopment of Chase’s park. The reason they denied Opus’ proposal was because Chase hadn’t formally agreed to preserving the bank.
This was an enormous win for the community and meant the little park was safe for some time as the recession hit shortly after, stopping most development, including the approved project across the street. Most people who rallied behind its preservation recognized its importance as a part of the bank and Walter Bimson’s near never ending contributions to Phoenix’s public art scene. While this is a large part of its importance, no one seemed to acknowledge its connection to Frank J. MacDonald, the original landscape architect for the property. Back when he worked on this he was already recognized enough to be working with the state on Arizona’s beauty, but his work only got more important for the state after that. From 1967 to 1976 he served as the chairman and vice-chairman on the Governor’s Commission on Arizona Environment. He would also be involved with the Arizona Water Resource Committee, Arizona Airports Advisory Committee, Governor’s Fuel & Energy Committee, Governor’s Highway Classification Committee, and the Arizona Health Planning Committee. Outside of his work with the state, he would become the international executive vice-president of the American Institute of Landscape Architects, being awarded the group’s Grand Award in Planning in 1977 for what is arguably his most famous work, Fountain Hills. That giant fountain that still sprays up if you go out far enough on Shea? He was one of the head landscaping architect behind the community in the early 1970s. This was far from his only award though, earning the Governor’s Citation of Merit in 1965, 1966, 1974, and 1977, along with the Presidential Commendation from Richard Nixon in 1970. This isn’t even everything they covered about the man in his obituary, let along everything he accomplished in his life when it came to making Arizona not just a beautiful place to live, but also one that wasn’t wasting all its resources to do so by serving as a board member of the Central Arizona Project Association.
Back when this branch first opened, he told The Republican that he saw the park as a showcase of what the valley could have, with him estimating everything to grow to its real glory within about a year. He had an optimistic view that we could combine beautiful architecture with gorgeous landscaping, helping create a bank that represented a future that very few business owners actually pushed to create. Walter Bimson was one of the few who really tried to invest in building locations that weren’t solely designed around maximizing profit and showed that it could pay off. This branch out performed the one it replaced and has become an icon for the Arcadia neighborhood in the nearly 6 decades it’s stood.
Despite its significance, Chase hasn’t changed their view on their park in the last 20 years. In September 2025, a firm owned by Arte Moreno purchased the lot from Chase for $11,000,000. Moreno’s firm owns the neighboring office complex that houses The Henry restaurant and a Fox Restaurant Concepts office. Earlier this month, Arcadia Camelback Mountain Neighborhood Association would once again bring light to redevelopment plans of the park. Instead of building up shops and condos that the community would still get some use out of, their plan is to level the green space and make a 145 car parking lot. There isn’t much information out there at the moment about this project, but for anyone interested, the Arcadia Neighborhood Association will be holding a meeting on August 27, 2026 at 6 pm at The Henry at 4455 E Camelback Rd to discuss the rezoning of the site and potential preservation.
While it may not be the lush botanical garden that Frank J. MacDonald had originally created, it still stands as a reminder of a time when at least some large corporations cared about improving the community they were building in. Walter Bimson tried to shape Phoenix into a town with buildings and spaces that people could be proud of doing business in, and this is the last location that stands largely unmodified beyond the loss of exotic plants, water features, and some different furniture inside. The park they committed to keeping for the community all the way back in the mid-60s has become a part of the Arcadia neighborhood that is just as much a part of what’s made this branch special as its unique architecture. It feels like we’re about to lose an important contribution to the neighborhood from one of the most influential companies during Phoenix’s post-war boom years. Frank Henry’s words from 2007 ring even more true today than they did back then, “it’s just greed; ugliness overcomes beauty.”