In 1955, the old cumbersome Consolidated title was jettisoned and the utility rebranded as the Baltimore Gas and Electric Company (BG&E).

A 21-story skyscraper designed by the Boston and Baltimore-based architectural firm of Parker, Thomas and Rice, and was constructed in 1916.

The building includes sculptures at the fourth floor representing "knowledge", "light", "heat" and "power.

"[6][7] Baltimore Gas and Electric Company Building was listed on the National Register of Historic Places in 2003.

[6] It was purchased in 2006 and reopened in 2007 as luxury apartments complete with two penthouse levels by Southern Management Companies.