EurotowerÂ is a 40 floors and 148Â metres | 486Â ft modernism style skyscraperÂ in theÂ Innenstadt districtÂ ofÂ Frankfurt,Â Hesse, Germany. The construction started in 1973 and completed in 1977. The building served as the seat of theÂ European Central BankÂ or short form, ECB until 18 March 2015, at which point it was officially replaced byÂ a new purpose-built building. As of MarchÂ 2015, the ECB still occupies most of the Eurotower's 78,000Â m sq | 840,000Â sqÂ ft of office space. The tower was designed by architect Richard Heil and was built between 1971 and 1977. The first main tenant was theÂ Bank fÃ¼r Gemeinwirtschaft. The building was later used by theÂ European Monetary Institute, the forerunner of the European Central Bank that was established in 1998. The building is located at Willy-Brandt-Platz in Frankfurt'sÂ central business district, theÂ Bankenviertel, opposite to theÂ Opern- und Schauspielhaus Frankfurt. There is a Euro Information Centre of the ECB on the ground floor open to the public. Until 2013, a club/restaurant calledÂ Living XXLÂ was situated in the basement. Right next to the building is an undergroundÂ U-Bahn stationÂ and an above-ground tram station. Because of the limited space in the Eurotower the personnel of the ECB were also distributed between two other skyscrapers in the Bankenviertel, theÂ EurotheumÂ and Neue Mainzer StraÃe 32-36. This was considered less than optimal, so in the late 1990s the ECB began a process to have aÂ new seatÂ built on a site in the eastern part of Frankfurt. This was originally envisaged to bring together all the bank's personnel in one place, however with the increase in the ECB's responsibilities with the EUÂ Single Supervisory Mechanism, the ECB will retain its presence in the Eurotower after its refurbishment. Construction of the new tower started in 2008 and was completed in late 2014. In November of that year bank personnel started to transfer from the Eurotower to their new offices at the Seat.
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