925 Grand
Encyclopedia
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.
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.
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.
The building, designed by 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 1953 until the Truman Library was completed in 1957.
In 2008, the Federal Reserve moved to a new building off of Main Street by the Liberty Memorial
designed by architect Henry N. Cobb. 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.
Federal Reserve Bank of Kansas City
The Federal Reserve Bank of Kansas City covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico. The Bank has branches in Denver, Oklahoma City, and Omaha. The current president is...
and was the oldest building in active use of any Federal Reserve Bank
Federal Reserve Bank
The twelve Federal Reserve Banks form a major part of the Federal Reserve System, the central banking system of the United States. The twelve federal reserve banks together divide the nation into twelve Federal Reserve Districts, the twelve banking districts created by the Federal Reserve Act of...
. It was added to the National Register of Historic Places
National Register of Historic Places
The National Register of Historic Places is the United States government's official list of districts, sites, buildings, structures, and objects deemed worthy of preservation...
in 2007.
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
James A. Reed
James Alexander Reed was an American Democratic Party politician from Missouri.-Biography:Reed was born on a farm in Richland County, Ohio. He moved with his family to Cedar Rapids, Iowa at the age of 3. He went to public schools and attended Coe College...
, who was on the Senate Banking Committee, broke the deadlock to permit passage of the Federal Reserve Act.
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
Downtown Kansas City
Downtown Kansas City is the central business district of Kansas City, Missouri and the Kansas City Metropolitan Area. It is located between the Missouri River in the north, to 31st Street in the south; and from the Kansas–Missouri state line east to Troost Avenue as defined by officials of the...
. Shortly after it was established the bank rented space to outside tenants.
The building, designed by Chicago Wrigley Building
Wrigley Building
The Wrigley Building is a skyscraper located directly across Michigan Avenue from the Tribune Tower on the Magnificent Mile...
architect Graham, Anderson, Probst & White
Graham, Anderson, Probst & White
Graham, Anderson, Probst & White is a Chicago architecture firm that was founded in 1912 originally as Graham, Burnham & Co. This firm was the successor to D. H. Burnham & Co. by Daniel Burnham's surviving partner Ernest Graham and Burnham's sons Hubert Burnham and Daniel Burnham Jr...
was Missouri's tallest building
Missouri's Tallest Buildings and Structures
The tallest structures in the U.S. state of Missouri include a broadcasting tower, an chimney, a monument, and a office building.-Missouri's tallest accessible buildings:-Missouri's tallest structures:-Missouri's tallest chimneys:...
from 1921 to 1926 and Kansas City's tallest building from 1921 to 1929.
President Harry S. Truman
Harry S. Truman
Harry S. Truman was the 33rd President of the United States . As President Franklin D. Roosevelt's third vice president and the 34th Vice President of the United States , he succeeded to the presidency on April 12, 1945, when President Roosevelt died less than three months after beginning his...
had his office in Room 1107 of the building from when he left the Presidency in 1953 until the Truman Library was completed in 1957.
In 2008, the Federal Reserve moved to a new building off of Main Street by the Liberty Memorial
Liberty Memorial
The Liberty Memorial, located in Kansas City, Missouri, USA, is a memorial to the fallen soldiers of World War I and houses the The National World War I Museum, as designated by the United States Congress in 2004.. Groundbreaking commenced November 1, 1921, and the city held a site dedication...
designed by architect Henry N. Cobb. Townsend, Inc. of Overland Park, Kansas
Overland Park, Kansas
-Demographics:As of the census of 2000, there were 149,080 people, 59,703 households, and 39,702 families residing in the city. The population density was 2,627.0 people per square mile . There were 62,586 housing units at an average density of 1,102.9 per square mile...
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.