925 Grand
From Wikipedia, the free encyclopedia
| 925 Grand | |
 |
|
| Information | |
|---|---|
| Location | 925 Grand, Kansas City, Missouri |
| Status | Completed |
| Use | Federal Reserve Bank of Kansas City headquarters to be converted to mixed use business and apartments in 2008 |
| Roof | 298 ft. (91m)[1] |
| Floor count | 16 |
| Floor area | 367,000 sq. ft. |
| Cost | $4,300,000 |
| Companies | |
| Architect | Graham, Anderson, Probst & White |
| Owner | Townsend, Inc. |
925 Grand is the headquarters of the Federal Reserve Bank of Kansas City and is the oldest building in active use of any Federal Reserve Bank. The Federal Reserve is to move to a new building in 2008 by the Liberty Memorial. It was added to the National Register of Historic Places in 2007.[2]
Townsend, Inc. of Overland Park, Kansas bought the building for $10.8 million in 2005 and the Federal Reserve is a tenant until its new quarters open in 2008. Townsend then intends to convert it into a mixed use structure with businesses on lower floors and condominiums on higher floors under the brand name of The Reserve with 155 condominiums.[3]
In 1913 Kansas City and St. Louis had a fierce rivalry over which city was to get a headquarters and it was to wind up with both cities getting one (Missouri is the only state to have multiple headquarters). Among the reasons noted for the award was that former Kansas City mayor James A. Reed, who was on the Senate Banking Committee, broke the deadlock to permit passage of the Federal Reserve Act.[4]
The first bank building was in the R.A. Long Building at 928 Grand which opened on November 16, 1914 until a new $4.3 million building could be built across the street at 925 Grand which formally opened in November 1921 in Downtown Kansas City. Shortly after it was established the bank rented space to outside tenants.[5]
The building, designed Chicago Wrigley Building architect Graham, Anderson, Probst & White was Missouri's tallest building from 1921 to 1926 and Kansas City's tallest building from 1921 to 1929.
President Harry S. Truman had his office in Room 1107 of the building from when he left the Presidency in 1957 until the Truman Library was completed in 1957.[6]
[edit] References
- ^ Federal Reserve Bank of Kansas City - emporis.com - Retrieved January 5, 2008
- ^ Jackson County National Register Listings - dnr.mo.gov - Retrieved January 8, 2008
- ^ Sources: Fed has buyer for old HQ - Kansas City Business Journal - January 21, 2005
- ^ A Foregone Conclusion: The Founding of the Federal Reserve Bank of St. Louis by James Neal Primm - stlouisfed.org - Retrieved January 1, 2007.
- ^ -Timeline - Official Federal Reserve Bank of Kansas City Website
- ^ Truman Places: Federal Reserve Bank - Trumanlibrary.org - Retrieved January 5, 2008
[edit] External links
| Preceded by Commerce Trust Building |
Kansas City's Tallest Building 1921—1929 298 feet |
Succeeded by Oak Tower |
| Preceded by Railway Exchange Building (St. Louis) |
Missouri's Tallest Building 1921—1926 298 feet |
Succeeded by Southwestern Bell Building |
