kids encyclopedia robot

Insurance Exchange Building facts for kids

Kids Encyclopedia Facts
Quick facts for kids
Insurance Exchange Building
Middough Brothers-Insurance Exchange Building.jpg
Insurance Exchange Building, September 2009
Lua error in Module:Location_map at line 420: attempt to index field 'wikibase' (a nil value).
Location 205 E. Broadway,
Long Beach, California
Built 1925
Architect Harvey H. Lochridge
Architectural style Early Commercial, Beaux Arts
NRHP reference No. 03000002
Added to NRHP February 5, 2003

The Insurance Exchange Building is a very old and special building in downtown Long Beach, California. It was once known as the Middough Building. This eight-story building was built in a fancy style called Beaux Arts. When it first opened in 1925, it was one of the biggest office buildings in the area. Because of its history, the building was added to the National Register of Historic Places in 2003. This means it's officially recognized as an important landmark.

A Look at the Building's History

Building's Early Days and First Owners

The Insurance Exchange Building first opened its doors in 1925. Back then, it was called the Middough Building. Two brothers, Lorne and Way Middough, built it. They even moved their own clothing store for men and boys into the first floor.

201-207 Broadway-Insurance Exch Bldg-relief-3
A decorative carving, called a relief, on the building.

First Tenants: The Long Beach Court

When the building was new, the Long Beach Municipal Court moved in. This court handles local legal cases. They used the third, fifth, and sixth floors starting in July 1925. The court stayed there for five years. They eventually needed more space for other courts and county offices.

201-207 Broadway-Insurance Exch Bldg-relief-2
Another decorative relief on the building.

New Name and New Purpose

In 1931, the Middough brothers sold the building. That's when its name changed to the Insurance Exchange Building. It became a hub for insurance companies.

The building was quite large, with about 28,000 square feet of space. In 1958, it was sold again. The new owners planned to update it. They even wanted to open a fancy restaurant on the top floor. At that time, many different businesses were tenants. These included a company that helped people with money and a dance studio.

In 1962, the building was sold once more. The new owner wanted to make it a central place for insurance businesses. Many insurance companies and their representatives moved in.

Becoming a Historic Landmark

In February 2003, the Insurance Exchange Building officially became a part of the National Register of Historic Places. This is a list of places in the United States that are important to history. In 2007, the building was part of a big project to improve downtown Long Beach. This project brought new businesses, like a nightclub and a restaurant, to the area.

-99-1 - Middough Brothers Insurance Exchange Building-W
The Insurance Exchange Building in Long Beach.

More About Long Beach History

kids search engine
Insurance Exchange Building Facts for Kids. Kiddle Encyclopedia.