World Library  
Flag as Inappropriate
Email this Article
 

Chase Tower (Indianapolis)


Opened in 1990 near Monument Circle in Indianapolis, the Chase Tower (formerly known as the Bank One Tower and originally conceived as American Fletcher Tower) is the tallest building in the U.S. state of Indiana. It surpassed the AUL Tower (now OneAmerica Tower) in Indianapolis for the distinction. The building's twin spires pierce 830 feet (250 m) into the Indianapolis skyline, while the 48 floors of office and retail space below peak at the 700 feet (214 m) roof. It is the headquarters for Chase's (formerly Bank One's) Indiana operations. While the building has two spires of equal height, only one of them is actually functional as a transmission antenna. The other mast is merely an architectural decoration. Designed by KlingStubbins, the Chase Tower is the 44th tallest building in the United States and 230th tallest in the world.

The tower's step pyramidal cap reflects the design of the Indiana War Memorial, three blocks due north. The War Memorial, in turn, reflects the descriptions of the original Mausoleum. Because of the height of this building, its roof was specifically designed to house communications relay equipment, in order to provide additional revenue to the building's owners. Over the past several years, two large banners have occasionally been placed outside of the north and south communication bullpen areas of the roof in support of two of the city's professional sports franchises. These "GO PACERS" and "GO COLTS" signs are highly visible being on the tallest structure in the city.

Observation Deck

The tower has no official observation deck, however views of the City can be seen in the common areas on floors 21,27,31,32,33,35,39,40,41,43, and 44

Background and history

The tower was originally conceived in the late 1970s by Frank E. McKinney, Jr., chairman of American Fletcher Corporation, the holding company for American Fletcher National Bank and Trust Company (AFNB), which at the time was Indiana's largest financial institution, to allow for consolidation and expansion of his company's headquarters. Land was slowly being assembled for the building, with several predecessor structures along Ohio Street and Pennsylvania Street being demolished in those years and the early 1980s to clear the way for what McKinney hoped would soon be Indiana's tallest office tower.

Before actual construction of the building could begin, American Fletcher became the first major Indianapolis bank holding company to be sold to an out-of-state financial institution, agreeing in the spring of 1986 to merge with Ohio's rapidly growing Bank One Corporation. Upon consummation of that merger, Mr. McKinney became chairman of Bank One's Indiana operations and tower planning picked up momentum. Ground was broken and construction began in 1988 on the newly designated Bank One Center Tower which was to be integrated with AFNB's existing headquarters complex on Monument Circle and adjacent Market Street.

This was done mainly to secure the prestigious Monument Circle address for the new tower, which actually rises between Ohio Street and Wabash Street (the east-west alley between Market and Ohio). Thus, the Ohio Street entrance to the tower is actually the complex's back door with a concourse-style passageway on the second level running over Scioto Street (the north-south alley between Pennsylvania and Meridian) to connect the skyscraper (and its attached parking garage along Pennsylvania Street) to the main entrance in the original 1960 American National Bank Building at 111 Monument Circle.

A separate skywalk across Scioto once connected the Circle Building to the adjacent Fletcher Trust Building at 10 E. Market Street, but that was later removed after the bank moved all operations formerly located in that structure into the new tower. The Fletcher Trust

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.