Chase Tower, Phoenix

If you have ever had the chance to look at the skyline of Phoenix, Arizona, then you have, no doubt, noticed the Chase Tower. It is the tallest building in the state of Arizona. It was built in 1972, and stands a whopping 483 feet tall. At different points in time, it was known as the Valley Bank Center and the Bank One Center.

The location was built for the Valley National Bank, which ended up becoming part of Bank One in the early 1990s. There used to be an observation deck on the 39th floor, which is no longer there. The location was designed by Welton Becket and Associates from Los Angeles. The place was a prominent part of the downtown area until 1989, when the savings and loan crisis really hurt the real estate market in Phoenix. Chase Company did do a renovation of the property in 2003, to make room for more employees here. The tower was sold in 2007 for a record $166 million. To date, this is the most money every paid for a building in Phoenix, Arizona.