[Congressional Record (Bound Edition), Volume 161 (2015), Part 11]
[Senate]
[Page 15647]
[From the U.S. Government Publishing Office, www.gpo.gov]




             RECOGNIZING EDGEWOOD CORPORATE PLAZA BUILDING

 Ms. HEITKAMP. Mr. President, I wish to recognize an historic 
milestone in the city of Grand Forks, ND, the 100th anniversary of the 
Edgewood Corporate Plaza Building.
  The Edgewood Corporate Plaza Building, located on the corner of 
Fourth Street and DeMers Avenue in downtown Grand Forks, is a fixture 
in this city. Formerly known as the First National Bank Building, it is 
an impressive classical revival style structure of brick and stone on a 
sturdy polished granite base that covers two of its five stories.
  When the building opened in 1915, it was home to the Scandinavian 
American Bank. It changed the face of downtown Grand Forks and helped 
spur westward growth toward the University of North Dakota. The bank, 
later known as First National Bank, and its building remained an anchor 
of the downtown area. It was officially listed on the National Register 
of Historic Places in 1982 and is unofficially loved as the only 
building in the city with an escalator.
  Unfortunately, the devastating Red River flood in 1997 caused 
significant damage in Grand Forks. The bank building stood in 4 feet of 
floodwater while sustaining significant fire damage to its upper 
stories. Extensive rehabilitation has restored its beauty and function. 
Edgewood Real Estate Investment Trust and Edgewood Management Group 
purchased the building in 2012, and it is now the corporate office for 
Edgewood, which owns and operates more than 50 senior living 
communities and multifamily housing units across seven States.
  Downtown Grand Forks has redefined itself from its banking and retail 
heyday; its historic structures are now home to office and residential 
spaces, entertainment venues, and boutique retail. The Edgewood 
Corporate Plaza Building stands as a tribute to the city's history and 
a cornerstone for the bright future ahead.

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