The facility was created in order to levy taxes and excise duties while protecting merchants and customers against fraud and dishonesty.
The upper storeys consisted of storage rooms for the city council's grain reserves.
From 1927 until its destruction, the building was the headquarters of the first Bremen broadcasting station NORAG (Norddeutsche Rundfunk AG).
Subsequently, with financial support from Sparkasse Bremen, the ruins were torn down and a new building was erected, maintaining the old gable.
[2][3] Owned by Sparkasse Bremen today's building is a cultural centre known as Kulturhaus Stadtwaage.