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The building's majority of tenants (over 1300) work for the State of Ohio. The structure cost the state US$26 million to build in 1977–1979 (about $125 million now). [2] In front of the building sits sculptor Tony Smith's Last. [3] The uniquely shaped structure is seven-sided, which closely resembles the dimensions of the land it is built on.
The building was designed by the firms of Outcault, Guenther, Rode & Bonebrake, Schafer, Flynn & Van Dijk, and Dalton, Dalton, Little, and Newport, [2] The building has 32 stories, rises to a height of 419 feet (128 m), 1,007,000 square feet (93,600 m 2) of space, and is located at 1240 East 9th Street.
The King Iron Bridge & Manufacturing Company was a late-19th-century bridge building company located in Cleveland, Ohio. It was founded by Zenas King (1818–1892) in 1858 and subsequently managed by his sons, James A. King and Harry W. King and then his grandson, Norman C. King, until the mid-1920s.
To pay for the conversion, Bingham Burnside received a $2 million ($4,600,000 in 2023 dollars) loan from the city of Cleveland, $7.4 million ($12,700,000 in 2023 dollars) in historic preservation tax credits from the state; and a $7.8 million ($13,400,000 in 2023 dollars) conservation easement from the state.
In 1953 it acquired 51% of Transistor Products Inc., and with other acquisitions such as the German Intermetall in 1955 (a company founded in 1952 by pioneering German physicist and developer of the first "European" transistor Herbert Mataré, and subsequently sold to telecommunications giant ITT in 1965) developed a semiconductor division.
Thrane, Susan W., County Courthouses of Ohio, Indiana University Press, Indianapolis, Indiana 2000 ISBN 0-253-33778-X; Marzulli, Lawrence J., The Development of Ohio's Counties and Their Historic Courthouses, Gray Printing Company, Fostoria, Ohio 1983; Stebbins, Clair, Ohio's Court Houses, Ohio State Bar Association, Columbus, Ohio 1980
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55 Public Square (formerly known as the Illuminating Building, after the Illuminating Company, the building's primary tenant) is a 22-story skyscraper located at number 55 Public Square, the town square of downtown Cleveland, Ohio.