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PROPERTY SPOTLIGHTS

The Federal Reserve Building
Little Rock, Arkansas


BUILDING SQUARE FOOT CONFIGURATION

 
LEVEL
DESCRIPTION
MAIN BUILDING GROSS
ANNEX BUILDING
GROSS
Bas’mt
Storage/
Vault/Mech
8222 sq. ft.
N/A sq. ft.
Ground
Office/Entries
Parking
8268
5732
2ND
Offices/
Unfin.Area
7257
6000
3RD
Offices/
Unfin.Area
7091
6000
Penthouse
Mechanical
1123
N/A
TOTALS
31961 sq. ft.
17732 sq. ft.
GRAND TOTAL
49,693 square feet
 

 

PROPERTY DESCRIPTION

NAME: Old Federal Reserve Building
LOCATION: 123 West Third Street
Little Rock, Arkansas
GROSS BUILDING AREA: 49,693 sq. ft.
NET RENTABLE AREA: 33,600 sq. ft.
LEGAL DESCRIPTION: Lots I & 2, Block 76, Original
City of Little Rock, Arkansas
HISTORICAL STATUS: Listed on National Historic
Register on October 23, 1986
DESCRIPTION: 49,693 gross sq. ft. of central business district office space in two buildings;31,901 sq. ft. in Federal Reserve Building having 4 floors with basement, 17,732 sq. ft. in Annex Building having 3 floors.
ZONING: “M” - Metro Center District
PARKING: 14 on-site covered spaces; plus an additional 100 spaces by lease on adjacent and neighboring parking lot
LOT SIZE: 140’ by 100’ or 14,000 sq. ft.
DATE BUILT: 1924
ARCHITECTURAL STYLE: Neo-Classical
ORIGINAL ARCHITECT: Charles L. Thompson
PHYSICAL DESCRIPTION: The 1924 Federal Reserve Bank Building is a three-story, modestly detailed, Neo-Classical design constructed of reinforced concrete faced with limestone. The primary, or Third Street elevation is symmetrical and the elevated bronze entry doors are flanked by four engaged Doric columns which divide the facade into five, two-story window bays. A stone eagle rests atop the date place which is located on the entrance surround. The Louisiana Street facade features two large square columns framing a bay of two-story windows. Windows throughout the building are metal casements with stationary panes above. A horizontal band of attic windows, sandwiched between two cornice lines, and a simple parapet crown the building. Although ornamentation is sparse, there is a large emblem centered on the parapet above the main entrance and medallions along the frieze are centered above the columns.
HISTORY: The Little Rock branch of the Federal Reserve Bank of St. Louis opened in 1919 and occupied office space in the Southern Trust Building on West Second Street. Property was purchased in 1921 at the comer of Third and Louisiana Streets but construction of a new bank building did not begin until early in 1924. The decision to locate the building on Louisiana was indicative of a reorientation of the financial community’s facilities southward from Second to Louisiana Street. Local architects designed to meet the special requirements of a Federal Reserve bank. The Federal Reserve Bank remained in this building until 1966 when it moved to a new and larger structure on West Capitol Avenue. The building has recently been adapted for use as a vault and security facility, storage, and office space.
TAX PARCEL NUMBER: # 34-020-04-10700


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