The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-12-08
FIFTEEN-STORY BUILDING
AT TWELFTH AND BANK
Office Skyscraper Will Be Erected That Corner By
Philadelphia Capitaliss-the Site Secured and the Com
pete Plans Drawn for the Project-Pans Provide for Eek
tension of Building When Property Can Be Secured

A flfteen-story Office structure t.
be known as the Capitol Square
building financed entirely by Pniia-
delphia capitalists, liz the very iatest
wrinkle in Richmond's program OF
progress.
The new skyscraper, which will be
OF concrete. steel and stone. will be
erected at the southwest corner of
Bank and Twelfth streets, the site taxi
ing in the corner and the ground now
occupied by the old Hoen building.
The structure will cost $4,000, and
the plans for 1t have been prepared
by Philadelphia architects--Simon Il
Bassett- Both of these gentlemen Wis
tied Richmond and went over the
ground carefully; so also have civil
engineers representing the Philadei-
phia. and they made typographical
maps of the neighborhood in which 1t
was proposed to erect the building,
beore starting work on the plans. OPP
tons were secured on the property
and 1t is understood tnat THESE were
taken up the past week when n mem
Der of the syndicate visited Rich
mond.
Plans All Ready,
Complete plans, ready for tina
Builders. have been finished and IL is
understood that work IL to begin on
the structure at an early date.
Those on the inside decline to max
public the names of the gentlemen In
terested. but they are ali Phila-
delphians of large means. and tho
enterprise will he financed entirely by
Quaker City capital. The same syn
dictate Ia now erecting a 100000
structure In Chicago. and II Ia admit,
ted that at least two OF them have
interests in Richmond enterprises.
That fact LIS responsible for the pro-
posed skyscraper. The continued
progress OF Richmond and the outlook
for it's future growth and prosperity
of the city prompted the PhiaadeI-
phians to the belief that an ONCE
building In that locality would be a
profitable Investment and knowing
ones say the Philadelphians have
made no mistake.
Primarily For Lawyers
The building la primarily designed
for law Offices. and will be equipped
with law library and club room.
as well as room for public stenog
raphers and other conveniences and
utilities, especially for their benefit.
Overlooking Capitol Square and facing
the State library within q minutes
walk OF federal. State and municipal
courts and the postofisce. the location
will be admirably adapted to that
purpose. and it win also appeal TO
architects and others requiring light.
quiet and freedom from noise and
smoke.
The battery OF six electric eleva-
tors and the iavatory arrangements
will be Installed on the southern side
Of the building. In the rear of which
will face the Travellers building, so
as to conserve the light and be con-
venient for proposed extensions. In
lighting. heating. plumbing and con-
ven.ences every modern device known
10 the builders art VIII be employed,
The plan OF the syndicate do not
contemplate extending to Main street
or any Main street entrance. as the
building will be only step from that
.horoughfare. and none IL necessary.
but the plans of the building have
been SO drawn as to include the prop
erty known as Goddin's hail at Elev-
enth and Bank streets. now tied up in
the Stearns estate, when II can be
sold.
The plans for the structure have
been received In Richmond and II Is
presumed will be submitted to the
builders very soon.