On December 6, 2005, the building was added to the National Register of Historic Places as the Capital Bank Tower.

At the request of Standard Federal, the owners of the tower removed the historic neon 'Michigan National' sign in that year.

The tower has undergone multiple minor renovations since 1998 under the Boji Group's ownership.

[5] At 23 stories, and 297 feet (91 m), the brick and limestone-faced tower, with its tall, narrow profile topped with a spire and beacon, is a typical American skyscraper design of the Art Deco era of high-rise architecture.

It includes four engraved panels in the portals of the main passenger elevators that reflect themes of labor and industry.