50 Penn Place - History

History

The complex was built in 1973 by C.W. Cameron, founder of American Fidelity. For the next twenty years it was a landmark due to four neon pigs, one on each face, belonging to Sooner Federal Savings and Loan. The tower of 50 Penn Place was once headquarters to Penn Square Bank, which failed in 1982. It was also formerly home to the flagship store of the Orbach's chain of local clothing stores (which closed in 1990). Although not currently anchored by a major retailer, 50 Penn Place has upscale shops and restaurants, a brewpub, independent bookstore, the 50 Penn Place Art Gallery, and various office tenants including LexisNexis. In recent years, the retail portion of the complex has lost the majority of its tenants to other shopping venues, such as nearby Penn Square Mall, and is no longer seen by locals as a shopping destination. However, several upscale tenants still remain, and former retail space is being leased to other tenants, such as ITT Technical Institute.

Read more about this topic:  50 Penn Place

Famous quotes containing the word history:

    Tell me of the height of the mountains of the moon, or of the diameter of space, and I may believe you, but of the secret history of the Almighty, and I shall pronounce thee mad.
    Henry David Thoreau (1817–1862)

    It gives me the greatest pleasure to say, as I do from the bottom of my heart, that never in the history of the country, in any crisis and under any conditions, have our Jewish fellow citizens failed to live up to the highest standards of citizenship and patriotism.
    William Howard Taft (1857–1930)

    The history of the genesis or the old mythology repeats itself in the experience of every child. He too is a demon or god thrown into a particular chaos, where he strives ever to lead things from disorder into order.
    Ralph Waldo Emerson (1803–1882)