Then and Now: The Investment Building

Investment Building ca. 1925Investment Building

Then (left): The Investment Building ca. 1925. Now (right): The same location today.

The Investment Building was scheduled for occupancy on July 1, 1924. Situated on the northwest corner of 15th and K Streets, NW, the building was designed by Washington’s premiere Beaux-Arts architect, Jules Henri de Sibour.

According to the Washington Post of the time, it was considered to be in the Italian renaissance style with the entire frontage finished in limestone. The facades were broken up with fluted ionic columns, the bays emphasized by spiral cut stone and rusticated quoins.

Many novel and interesting features were included in the Investment Building, chief among them the provision for parking in the basement. The Post claimed the building was the first office structure in the East to adopt this feature with parking for 200 automobiles. Other modern conveniences included six high-speed elevators, with express service for the upper floors of the eleven story building. There was also a separate freight elevator.

A public information bureau was also installed in the main lobby which furnished data regarding trains, theaters, hotels, current events, etc., to the general public. This was unique to the Investment building in 1924.

Fast forwarding to 1999, with the exception of the southern and eastern facades, the entire building was razed and replaced by Cesar Pelli. The new Investment Building opened in the fall of 2000. Some consider the new interior space among the best in the city. The upper floors are currently occupied by Sidley Austin LLP.
Investment Building(Image from March 9, 1924, Washington Post)

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