Waterman–Smith Building
Completed in 1947, it was the only high-rise to be constructed in the city from the 1929 completion of the Regions Bank Building to 1965, when the GM Building was completed. It was constructed on the site of the Bienville Hotel, a low-rise seven-story hotel. At the time of construction, the building was referred to as the turning point when the city entered the modern age, and cost $5 million (equivalent to $68,226,528 in 2023).
The Waterman Steamship Corporation, after becoming the largest privately owned steamship firm in the world, was purchased by McLean Securities Corporation in May 1955. The building was renamed "The Roberts Building" in honor of former Waterman chairman E.A. Roberts, who remained involved with McLean for decades afterwards. The Roberts Building sold to Commercial Guaranty Banking Company in 1973.
The structure housed the Waterman Globe, a 12-foot (4 m) diameter sphere created by Rand McNally that depicts the world with the political boundaries of the 1940s. The globe was a local attraction but was removed from the building in 1973 and deconstructed. It was later restored and moved to the University of South Alabama's Mitchell Center in 1999.
In 2017, the building was sold to Waterman-Smith I, LLC for $2.35 million.
See also
References
- ^ "61 Saint Joseph Street". Council on Tall Buildings and Urban Habitat. Retrieved 22 September 2023.
- ^ "Wachovia Building". Emporis.com. Archived from the original on January 10, 2013. Retrieved 2009-07-14.
- ^ "Southtrust Bank Building". SkyscraperPage.com. Retrieved 2009-07-14.
- ^ Jumper, Kathy (2017-10-01). "House on Ono sells for $4.2 million cash". al. Retrieved 2019-09-21.
- ^ "Bienville Hotel". Emporis.com. Archived from the original on July 28, 2012. Retrieved 2009-07-23.
- ^ Kirkl, Scotty (2011-05-24). "The Waterman Globe: Mobile's Transient Landmark". Mobile Bay Magazine. Retrieved 2019-10-06.
- ^ "Waterman Steamship Corporation, Petitioner-appellee, v. Commissioner of Internal Revenue, Respondent-appellant, 430 F.2d 1185 (5th Cir. 1970)". Justia.com. Retrieved 2019-10-20.