from a march 01, 2007 report in the hook:
Indeed, architects learned that the old Boxer/Central Fidelity building was originally two buildings before the bank renovation in 1965, and that the eastern half of the building was the original home of Woolworth’s, which opened in the early 1920s and operated there for nearly 40 years. They also learned that the building may have been the only bank in the United States to be opened at the height of the Great Depression in 1931.

The Downtown Mall before it was pedestrian, and the Central Fidelity Bank building before it took over the nearby Woolworth’s building and added the black granite facade in 1965. Now it’s poised to become the ritzy “Beacon.” [photo courtesy: Albemarle Charlottesville Historical Society]