925 Grand facts for kids
Quick facts for kids 925 Grand |
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| Alternative names | The Reserve Federal Reserve Bank of Kansas City |
| General information | |
| Status | Complete |
| Type | Commercial offices Residential |
| Location | 925 Grand Kansas City, Missouri |
| Coordinates | 39°06′09″N 94°34′50″W / 39.1026°N 94.5806°W |
| Cost | US$4.3 million |
| Owner | Great Western Bank of Sioux Falls, S.D. |
| Height | |
| Antenna spire | 92.0 m (301.8 ft) |
| Roof | 90.8 m (298 ft) |
| Technical details | |
| Floor count | 16 |
| Floor area | 367,000 sq ft (34,100 m2). |
| Design and construction | |
| Architect | Graham, Anderson, Probst & White (original), Focus Architecture, LLC (current) |
925 Grand is a famous building in Kansas City, Missouri. It used to be the main office for the Federal Reserve Bank of Kansas City. This bank is part of the United States' central banking system. For a long time, it was the oldest building still being used by any Federal Reserve Bank. In 2007, it was added to the National Register of Historic Places, which means it's an important historical site.
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The Federal Reserve's Home
The Federal Reserve Bank helps manage money and banks in the United States. In 1913, when the Federal Reserve system was being set up, Kansas City and St. Louis both wanted a main office. They had a big competition to see which city would get one.
In the end, both cities in Missouri received a Federal Reserve headquarters. This makes Missouri the only state with two such main offices. One reason for this was James A. Reed, who was a former mayor of Kansas City. He was on a special committee in the Senate and helped make sure the Federal Reserve Act passed.
Early Days of the Bank
The first office for the Federal Reserve Bank in Kansas City opened on November 16, 1914. It was located in the R.A. Long Building at 928 Grand. This was a temporary home while a new, bigger building was being built across the street.
The new building at 925 Grand cost $4.3 million to build. It officially opened in November 1921 in Downtown Kansas City. Soon after it was finished, the bank even rented out extra space to other businesses.
A Tall and Important Building
The 925 Grand building was designed by a famous architecture firm called Graham, Anderson, Probst & White. They also designed the well-known Wrigley Building in Chicago.
When it was completed, 925 Grand was the tallest building in all of Missouri from 1921 to 1926. It was also the tallest building in Kansas City, Missouri from 1921 to 1929.
President Truman's Office
A very important person once had an office in this building. After he finished being President of the United States in 1953, Harry S. Truman had his office in Room 1107 at 925 Grand.
He worked there until 1957. That's when the Truman Library was finished, and he moved his office there.
New Owners and Future Plans
In 2008, the Federal Reserve Bank of Kansas City moved to a brand new building. This new building is located off Main Street, near the Liberty Memorial. A different architect, Henry N. Cobb, designed the new building.
Before the Federal Reserve moved, a company called Townsend, Inc. bought the 925 Grand building. They paid $10.8 million for it in 2005. The Federal Reserve continued to rent space in the building until their new headquarters was ready in 2008.
In 2013, Townsend, Inc. lost the building. Their lender, Great Western Bank, took back the property. Now, a new developer plans to turn the historic 925 Grand building into a hotel.
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Main entrance
See also
In Spanish: 925 Grand para niños
