925 Grand

925 Grand

Infobox Skyscraper
building_name =925 Grand


caption =
year_highest =
year_end =
plural =
location = 925 Grand, Kansas City, Missouri
coordinates =
status = Completed
groundbreaking =
constructed =
est-completion =
opening =
demolished =
destroyed =
use = Former Federal Reserve Bank of Kansas City, converted to mixed use business and apartments in 2008
antenna_spire =
roof = 298 ft (91m) [ [http://www.emporis.com/en/wm/bu/?id=federalreservebankofkansascity-kansascity-mo-usa Federal Reserve Bank of Kansas City - emporis.com - Retrieved January 5, 2008] ]
top_floor =
floor_count = 16
elevator_count =
cost = $4,300,000
floor_area = convert|367000|sqft|m2|abbr=on.
architect = Graham, Anderson, Probst & White
engineer =
contractor =
developer =
owner = Townsend, Inc.
management =
references =

925 Grand is the former headquarters of the Federal Reserve Bank of Kansas City and was the oldest building in active use of any Federal Reserve Bank. It was added to the National Register of Historic Places in 2007. [ [http://www.dnr.mo.gov/shpo/Jackson.htm Jackson County National Register Listings - dnr.mo.gov - Retrieved January 8, 2008] ]

In 1913 Kansas City and St. Louis had a fierce rivalry over which city was to get a headquarters, but in the end, both cities received 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. [ [http://stlouisfed.org/publications/foregone/chapter_three.htm A Foregone Conclusion: The Founding of the Federal Reserve Bank of St. Louis by James Neal Primm - stlouisfed.org - Retrieved January 1, 2007] .]

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. [ [http://www.kc.frb.org/infofrkc/timeline.htm -Timeline - Official Federal Reserve Bank of Kansas City Website] ]

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. [ [http://www.trumanlibrary.org/places/kc10a.htm Truman Places: Federal Reserve Bank - Trumanlibrary.org - Retrieved January 5, 2008] ]

In 2008, the Federal Reserve moved to a new building off of Main Street by the Liberty Memorial designed by architect Henry N. Cobb. [ [http://www.kc.frb.org/home/subwebnav.cfm?level=2&theID=9786&SubWeb=1 Federal Reserve Bank of Kansas City, "The New Tenth District Headquarters"] ] Townsend, Inc. of Overland Park, Kansas bought the building for $10.8 million in 2005 and the Federal Reserve continued as a tenant until its new quarters opened in 2008. Townsend 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. [ [http://www.bizjournals.com/kansascity/stories/2005/01/24/story1.html?page=1 Sources: Fed has buyer for old HQ - Kansas City Business Journal - January 21, 2005] ]

References

External links

* [http://www.townsendco.com/?source=newcondosonline Townsendco.com]
* [http://www.thereservekc.com/ thereservekc.com]


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