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What once was the Federal Reserve Bank can now be called home. The historical building will showcase its magnificent architecture, while each individual unit will feature contemporary decor throughout. This is luxury living at its finest.
The Building - Architecture & Design The eddifice that is The Reserve on Grand is a conversion of the Federal Reserve Bank of Kansas City. Completed in 1921 during the Warren G. Harding administration, the monolithic structure is a seminal work of masonry and metallurgy. Designed by architects Graham Anderson Probst and White, the twenty-one story, 305 foot tall building-once Kansas City's tallest--retains all of the original architectural elements of significance. The Reserve's Grand Hall evokes all of the grandeur of the era in which it was built, with its massive marble columns, soaring ceilings, and unparagoned detailing. Above the series of delicate brass chandeliers that illuminate the hall lies the hand-painted ceiling. Coffered and adorned with ornamental plaster, it is an overwhelming testament to a hard-working generation of Americans who were true masters of their crafts and who took pride in the quality of their labors. Continuing to the main lobby, the design motifs are repeated and are complimented by the etched brass elevator doors, ten more examples of which comprise the adjacent elevator lobby. From the mezzanine's metal railing that features starburst blusters to the exterior's gently tarnished copper detailings, every element of The Reserve on Grand serves as the prose of a quotidian chronical of America's golden era. A History In January 1912, President Woodrow Wilson sought an alternate central bank proposal. The new plan created a decentralized central bank that balanced the interests of private banks and populist ideals. Congress passed this plan as the Federal Reserve Act on December 23, 1913. The goals of the Federal Reserve Act were: to create an elastic currency that would expand in response to public demand; to provide a means to discount commercial paper money; and to provide a better method of check collection and bank supervision that would balance the competing interests of private banks and populist sentiment. The Act established 12 regional Federal Reserve banks throughout the country to diversify the central monetary authority: 1-A) Boston; 2-B) New York; 3-C) Philadelphia; 4-D) Cleveland; 5-E) Richmond, Virginia; 6-F) Atlanta; 7-G) Chicago, 8-H) St. Louis; 9-I) Minneapolis; 10-J) Kansas City; 11-K) Dallas; and 12-L) San Francisco. They are considered “banker’s banks” because the services they provide to commercial banks are very similar to the services a commercial bank provides to individual customers. They are “banks of issue,” reflecting their authority to issue currency, and “lenders of last resort,” because they create cash reserves available to their member banks. Finally, as the depository for national banks, the Federal Reserve is the “central bank.” Designated 10-J within the Federal Reserve System, the Federal Reserve Bank of Kansas City serves an area that includes all of four states (Colorado, Kansas, Nebraska, and Wyoming) and portions of three states (Missouri, New Mexico and Oklahoma). The District has sub-branch offices in Denver, Omaha and Oklahoma City. Notes Of Interest There are two features inside the The Reserve on Grand that are of particular interest. One is the gymnasium on the twentieth floor, complete with locker rooms and showers that was once an auditorium. The two-story space incorporates tall windows that face east. Tall plaster arches on the west, north and south walls mimic the rhythm of the windows and reference the building’s Classical design motif. The second notable feature is the 4,000 square foot vault that lies in the basement of the bank. The 50-ton vault door was installed during construction and physically cannot be removed from the building. When the bank opened, newspaper articles described the vault as “burglar proof.” Six-and-a-half-foot thick concrete walls reinforced with nine-miles of steel surround the vault to secure the bank’s reserves. The mezzanine, found on the second floor, historically held executive offices and a boardroom, as well as a gun turret. When the executive offices and boardroom moved to the 19th floor in the late 20th century, the mezzanine was converted into an educational museum about the Federal Reserve. United States President Harry S. Truman rented office space inside the The Reserve building on the 11th floor during the 1950s after his second term of president. It was here when he wrote his memoirs “1945: Year of Decisions” and “Years of Trial and Hope.” You only live once. Make life interesting.
Now Is The Time To Step Up. If you're thinking about being part of downtown Kansas City's rebirth, you owe it to yourself to see it from this vantage point. The Reserver offers a new angle on city living, with cutting-edge architecture and floor plans - all enhanced by the city's spectacular skyline surrounding you. Experience the lifestyle and see the views yourself. Call 816.471.1010. Or visit us online at www.thereservekc.com.
H&R Block has move downtown. So is the Performing Arts Center. And the new Sprint Center Arena. How about you?
There is a new excitement in Downtown Kansas City.
Here you'll experience the high style - and breathtaking views - you'd expect in cities like New York or San Francisco.
The building is a community in itself, with office space on several floors and retail shops at street level.
Best of all, you'll live a maintenance-free lifestyle. Instead of making plans, you'll make memories. Forget the yardwork. Forget the commute. You're home.
o 24-hour Security and Video Surveillance o Marble and Granite Lobby o Maintenance Free o Fitness Facility o Boardroom Available for Private Functions
Spacious, state of the art kitchens.
State-of-the-art kitchens. Sleek hardwood floors. Plush carpeting. Spacious bathrooms with oversized showers and Jacuzzi tubs. Tasteful lighting and roomy walk-in closets.
With nine distinct floorplans at a variety of prices, there's a home to meet your needs. And your budget.
This is downtown living from an exhilarating point of view. Welcome home.
o Two Secure Indoor Parking Spaces Per Unit o Hardwood Floors With Your Choice Of Stain Color |
| A Townsend Community |
| Website created by Maxium Multimedia LLC. Contact us at http://maxiummultimedia.com |
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