Merchants National Bank was built in 1928. This 23-story skyscraper has Neoclassical elements along the street, and the upper stories of the building are stepped. This structure is capped with a pyramidal metal rood, and the light and dark bricks show the Deco influence. This historic building will be renovated into 80 market-rate apartments in Downtown Mobile. There will be a complete gut of interiors with rebuilding to include all new sprinklers, mechanical, plumbing, and electrical systems. Also, a new gym and amenity area will be added for the residents and connecting office buildings. Parking will be available in the connecting parking garage.