One Commerce Square is a 30-story skyscraper in Downtown Memphis which is locally referred to as the "iBank Tower". The building was formerly known as the NBC Building and the SunTrust Building, and is the fourth tallest building in Memphis, Tennessee . The building is located at the corner of Monroe Avenue and South Main Street.
15-633: Construction started in 1972 by the National Bank of Commerce (NBC), and the building was completed in 1973, preserving the original bank lobby that was built in 1929. One Commerce Square represents a modernism architectural style and is currently a Class A multi-tenant commercial office building in downtown Memphis. It was designed by local Memphis architect Roy Harrover who also designed the Memphis International Airport and Memphis College of Art . Locally, it became known as
30-603: A degree from, the Yale School of Architecture . He returned to Chicago after his schooling in 1930 and collaborated with George Fred Keck and Philip Maher. He quickly rose to prominence, and his works were included in an exhibition at the Museum of Modern Art in 1933. His work was also exhibited at the Century of Progress International Exposition . Schweikher joined the practice of Lamb and Elting in 1934. In 1953, Schweikher
45-653: A design competition in 1959, judged by Philip Johnson and Paul Rudolph , for the new Memphis Art Academy (now known as the Memphis College of Art ). Mann died of lung cancer a year before Harrover finished designing the Memphis International Airport . It was unveiled in 1963 and was among the first airports to make use of jetways and a two-level system. It is particularly noted for its distinctive martini glass -shaped columns. Once all projects involving Mann were completed, Harrover renamed
60-549: A total $ 20 million public/private investment, along with the city of Memphis, to refurbish the building and provide below-market rental rates to new and existing tenants. The move took place in the autumn of 2011, contingent on a lease with the potential ownership group of Lynch-Schledwitz-Prosterman. The architecture firm of Looney Ricks Kiss designed a makeover of the building. However, Pinnacle Airlines announced in January 2013 that it would relocate to Minneapolis, thereby vacating
75-484: Is largely credited with having established a modern architectural identity for Memphis, Tennessee . Born in Dayton, Ohio on November 23, 1928, Harrover moved with his mother to Nashville at age two following his parents' divorce. At age 14, Harrover was hired by Vultee Aircraft to construct accurate models of their airplanes. He served in the U.S. Marine Corps from 1946 to 1948, then attended Yale University on
90-406: The "NBC Building." In 1984, NBC sold the building for $ 46.1 million. The building was purchased in 1999 for $ 31.5 million by Jacksonville, Florida –based Southcoast Capital Group, which operated as One Commerce Square LLC. However, One Commerce Square LLC defaulted on a $ 24.5 million loan dated December 20, 2002, through Archon Financial LP. In 2005, NBC, still the anchor tenant of the building at
105-537: The "Riverwalk": a water-filled, scale-model promenade depicting the lower Mississippi River between Cairo, Illinois to New Orleans. Harrover also designed the Memphis Suspension Railway which allowed visitors to access the park from downtown, negotiating its constructing between Swiss engineers and Italian workers. Harrover was awarded honorary Doctorates in Fine Arts by Rhodes College and
120-402: The G.I. Bill, studying under Vincent Scully , King-lui Wu , Louis Kahn and visiting critics Buckminster Fuller and Philip Johnson . In 1953, Harrover graduated first in his class. Following graduation, Harrover worked briefly as chief designer under Paul Schweikher . In 1955, he moved to Memphis and established the architectural firm Mann & Harrover with partner William Mann. They won
135-685: The Memphis College of Art. He closed his firm in 1994 and began full-time consulting work. Paul Schweikher Robert Paul Schweikher (1903–1997) was a mid-century modern architect from Denver , Colorado. Paul Schweikher was born in Denver , Colorado in 1903 to a family of musicians. He originally trained at the University of Colorado for a year (1921–22) before marrying his wife. He moved with her to Chicago , Illinois and studied at The Art Institute of Chicago while working for
150-525: The above mentioned space. Southern Airways Express launched operations in June 2013, with its first flight taking place on Wednesday, May 29, with an inaugural flight for industry partners and members of the media from Memphis to Destin. Stan Little, chairman and CEO, answered the first phone call after the airline moved into its new office headquarters in One Commerce. On March 7, 2016, Southern announced
165-537: The acquisition of Fort Lauderdale-based Sun Air Express. Following the acquisition of Sun, the operational headquarters of Southern Airways was relocated from Memphis to Pompano Beach, Florida. On October 30, 2009, Park National Bank was taken over by the Federal Deposit Insurance Corporation and the bank's assets were sold to U.S. Bancorp. In December 2010, a local investment group known as Memphis Commerce Square Partners purchased
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#1732802275874180-438: The building from U.S. Bancorp. Management is by Cushman & Wakefield . Roy Harrover Roy Perkins Harrover , FAIA (November 23, 1928 – December 13, 2016) was an American architect who designed the Memphis International Airport as well as numerous civic buildings across the southern United States. His designs range in style from New Formalist to Brutalist and are characterized by their strictly linear forms. He
195-594: The firm Roy P. Harrover & Associates. In the late 1970s, Mayor J. Wyeth Chandler commissioned Harrover to repurpose a defunct sandbar in the Mississippi River as a means of revitalizing downtown Memphis. Dredges were deployed to raise the sandbar above flood level, upon which Harrover designed the Mud Island River Park : an entertainment complex featuring a museum of the Mississippi River, an amphitheater, shops and restaurants, as well as
210-685: The firm of Lowe & Bollenbacher. Schweikher worked his way up from a clerk to a construction supervisor. After two-and-a-half years at the firm, Schweikher left to join the David Adler practice. Among the projects that Schweikher worked on was the William McCormick Blair Estate in Lake Bluff , Illinois. He later studied at the Armour Institute of Technology before again transferring to, and receiving
225-628: The time, was acquired by SunTrust Banks , and the building became known as the SunTrust Building. The building suffered a major blow when its anchor tenant, SunTrust, vacated 155,000 square feet (14,400 m) in the building when its lease ended in January 2009. On October 8, 2010, regional airline Pinnacle Airlines Corp. announced that it intended to move over 600 employees that would occupy 155,000 square feet (14,400 m) on 12 floors of One Commerce Square. The Downtown Memphis Commission helped attract Pinnacle by providing $ 5 million of
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