Growing Up in Working Class Youngstown — Central Tower (First National Tower)

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First National Tower, Photo by Jack Pearce (CC BY-SA 2.0) via Flickr

Most of us who grew up in Youngstown knew it as Central Tower. Located at 1 West Federal Plaza, the building dominates Central Square as the tallest building in Youngstown at a height of 224 feet and seventeen stories. The next highest is the Wick Building at 184 feet. By big city standards, that is not very high. One World Trade Center in New York City is 1,792 feet high at the tip of the tower and has 104 floors. But when I was a kid and had an appointment at an orthodontist’s office in the building, it looked HUGE! I remembered the brass elevators, operated, if I remember correctly, by human elevator operators who would open and close the doors, greet you, and ask you what floor you wanted.

The building is a fine example of Art Deco style (the same style as the Warner Theater). In 2014, a historic marker was erected outside the building recognizing its distinctive style and historic status, by Youngstown Cityscape, The Frank and Pearl Gelbman Foundation, The Mahoning Valley Historical Society, and the Ohio History Connection. The inscription on the sign, as transcribed by the Historic Marker Database captures the distinctive style characteristics and history of the building:

Central TowerOne of northeast Ohio’s finest Art Deco examples, the 17-story Central Tower was designed by Morris W. Scheibel (1887-1976) for Central Savings & Loan in 1929. Scheibel’s use of stepped-back upper floors, an Egyptian-inspired entrance, and chevron-patterned tiles at the parapet reflects Art Deco’s streamlined style. The opulent interior of the tower lobby retains a Botticino marble staircase, engraved brass elevator doors, ornately decorated metalwork, nd a colorful molded plaster ceiling. Youngstown’s tallest skyscraper, whose name has evolved over time to reflect the changes in ownership, was added to the National Register of Historic Places in 1980. Scheibel and his partner Edgar Stanley also designed the Realty Building directly across Market Street. 

The building opened on December 23, 1929, not quite two months after the stock market of 1929, as the headquarters for Central Savings and Loan. Sadly, the savings and loan did not survive the Depression but the building name endured. In 1976 Metropolitan Savings and Loan, which did survive the Depression, set up its headquarters in the tower, and in 1980, purchased it for $2 million, renaming it Metropolitan Tower. Metropolitan was acquired by First National Bank in 1985, changed its name in 1987 to Metropolitan National Bank, and in 2002 took the name of its parent company and became First National Bank. With the name change for the bank came another name change for the building, which became First National Tower. In 2007, First National Bank sold the tower to a Cleveland-based investment group led by Lou Frangos, while maintaining its name and operations in the building. Currently, most space in the building rents for $9 per square foot a year (comparable rents downtown in Columbus, where I live, range between $12 and $30 per square foot).

The building has gone through changes of ownership and name. To me, it will always be Central Tower.  I’m glad it’s distinctive architecture and features have been preserved and recognized. I hope it will be part of the renewal of downtown Youngstown and continue to stand head and shoulders above other buildings in the city.

 

14 thoughts on “Growing Up in Working Class Youngstown — Central Tower (First National Tower)

  1. Central Tower was built by my grandfather, A.E. Reinmann Sr., as the new home of Youngstown’s immigrant bank, Central Savings and Loan. A few years after completion came the stock market crash – the bank did not survive and my grandpa spent the rest of his life paying back (all) the individuals who had invested with him. He is our family hero.

    The family also lost its home, recently resold, 739 Cohasset Drive if you want to look it up online, a fine example of 1920’s large home architecture.

    Liked by 1 person

  2. Without looking through the old documents, I believe the discrepancy on what happened when has to do with when it was a functioning bank vs when it had the (fancy) grand opening.

    Like

  3. Pingback: Growing Up in Working Class Youngstown — Central Square | Bob on Books

  4. Pingback: Growing Up in Working Class Youngstown — The Wick Building | Bob on Books

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