Washington Federal Savings has filed an application with the Seattle Department of Planning and Development to create a new two-story, 8,400 square foot building at 2020 N.W. Market St., the bank's current Ballard location.

The application states the project includes the demolition of the existing building.

Scott Ringgold, the Department of Planning and Development planner for the project, said the application calls for the new building to house the Ballard branch of Washington Federal Savings.

The parking lot on the north side of the building, at 2021 N.W. 56th St., will be reconfigured under the plan, Ringgold said.

Washington Federal Savings is based in Seattle and has locations in seven states. It started in 1917 as Ballard Savings and Loan Association.

According to the Seattle Department of Nieghborhoods, the Washington Federal Savings building was built in 1941 and remodeled in 1955 and 1962. It is on a Department of Neighborhoods' list of historical sites.

There is an early design meeting for the project scheduled for 6:30 p.m. on Oct. 12 in the Ballard High School Library.