Completed in 1905, the Allentown National Bank Building now provides low-cost housing for some of the city’s senior citizens. Constructed in the Beaux Arts architectural style, the building is the last pre-1920 commercial structure within Allentown’s central business district. It served the community’s financial needs for almost a century until it was abandoned and almost demolished in the 1990s. It was purchased, along with the adjacent Trojan Powder Building, by Pennrose Properties in 2005 and converted into Allentown Center Square Senior Housing. While its interior has been significantly modified, it still maintains some of its historic elements and its exterior remains largely intact. It was added to the National Register of Historic Places in 2005.
As the 20th
century dawned, the president of the Allentown National Bank, Robert Wright
Jr., sought a new home for the financial institution that was founded in the
mid-19th century. He secured
the lot for the new bank building at the corner of Hamilton and 7th
streets. The local architectural firm of
Jacoby, Weishampel and Biggin was hired and construction on the steel-frame,
eight-story building began in 1903. Other
local companies were utilized to erect the steel and the granite, limestone and
terra cotta used to encase the frame came from nearby Scranton. The building’s grand opening took place on
March 15, 1905 with banking operations occurring on the lower floors while
various companies leased office space above.
main lobby featured a 32-foot dome supported by six onyx columns with carvings
and molding designed and created by local sculptor, Herman Merkel. The ornate lobby led visitors and employees
to either the basement vaults, the main banking floor or the mezzanine level
along the west and south walls. Its main
staircase features marble treads and wainscot and an ornate railing. Its hydraulic elevators were considered state-of-the-art
for the time. The Lehigh Telephone Company
installed a single position switchboard designed by A.B. Durgan which connected
20 phones located on various desks within the bank office as well as a phone in
the home of President Robert Wright.
Allentown National Bank survived the Great Depression and became the First
National Bank after a merger with the Second National Bank in 1954. It then moved its banking operations from the
building in 1958. In 1970, Meridian Bank
utilized the building for a short time and throughout the 1970s and 80s, various
businesses occupied the building, to include the Allentown Business School. It was then abandoned in the 1990s and
remained so for a decade. The city assumed
ownership as calls for its demolition grew louder.
was saved after it was purchased by Pennrose Properties in 2005. It was then fully renovated, to include lead
paint and asbestos remediation, and converted into 63 low-cost housing units
for the elderly at a cost of $12.2 million.
The renovations included the removal of the drop ceiling in the building’s
lobby which hid its ornate 32-foot dome.
The Allentown National Bank Building, which once financed numerous
industrial and commercial developments in the area is now home to a gym,
computer lab, community room and dozens of senior citizens., a wonderful
example of the adaptive reuse of a historic structure.