501 Marquette is a 19-story highrise in Minneapolis, Minnesota

Minneapolis, Minnesota

Minneapolis , nicknamed "City of Lakes" and the "Mill City," is the county seat of Hennepin County, the largest city in the U.S. state of Minnesota, and the 48th largest in the United States...

 which was the tallest commercial building in the city from the time it was completed in 1915 until the Foshay Tower

Foshay Tower

The Foshay Tower, now the W Minneapolis – The Foshay hotel, is a skyscraper in Minneapolis, Minnesota. Modeled after the Washington Monument, the building was completed in 1929, months before the stock market crash in October of that year. It has 32 floors and stands high, plus an antenna mast...

 was built in 1929. It was built for the First National Bank of Minneapolis, a predecessor of today's U.S. Bancorp

U.S. Bancorp

U.S. Bancorp is a diversified financial services holding company, headquartered in Minneapolis, Minnesota. It is the parent company of U.S. Bank, the fifth largest commercial bank in the United States based on $330 billion in assets. U.S. Bank ranks as the sixth largest bank in the U.S. based on...

 (U.S. Bank). It later served for many years as headquarters of the Soo Line Railroad

Soo Line Railroad

The Soo Line Railroad is the primary United States railroad subsidiary of the Canadian Pacific Railway , controlled through the Soo Line Corporation, and one of seven U.S. Class I railroads. Although it is named for the Minneapolis, St. Paul and Sault Ste...

, and was known as the Soo Line Building (indeed, a clock at the corner of Marquette Avenue and Fifth Street South still bears that name as of 2006).

It surpassed the Metropolitan Building in height, though Minneapolis City Hall

Minneapolis City Hall

Minneapolis City Hall and Hennepin County Courthouse , designed by Long and Kees in 1888, is the main building used by the city government of Minneapolis, Minnesota as well as by Hennepin County, Minnesota...

 was the tallest building in the city from the 1900s decade until the Foshay was completed.

The building is located across Marquette Avenue from 510 Marquette, the original Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

The Federal Reserve Bank of Minneapolis, located in Minneapolis, Minnesota, in the United States, covers the 9th District of the Federal Reserve, including Minnesota, Montana, North and South Dakota, northwestern Wisconsin, and the Upper Peninsula of Michigan...

. In front of that building is the Nicollet Mall station

Nicollet Mall (Hiawatha Line station)

The Nicollet Mall station is a light rail station on the Hiawatha Line in Minneapolis, Minnesota. It is the third stop southbound.This station is located on 5th Street South, between Nicollet Mall and Marquette Avenue in Minneapolis. This is a center-platform station with one traffic lane to the...

 of the Hiawatha

Hiawatha Line

The Hiawatha Line is a light rail corridor in Hennepin County, Minnesota that extends from downtown Minneapolis to the southern suburb of Bloomington. It was formerly known as the Hiawatha Line named after Hiawatha Avenue. Major connections on the line include the Minneapolis-St...

 light rail

Light rail

Light rail or light rail transit is a form of urban rail public transportation that generally has a lower capacity and lower speed than heavy rail and metro systems, but higher capacity and higher speed than traditional street-running tram systems...

 line.

The building was listed on the National Register of Historic Places

National Register of Historic Places

The National Register of Historic Places is the United States government's official list of districts, sites, buildings, structures, and objects deemed worthy of preservation...

on May 12, 2008.