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The [[Thiesen Building]], built in [[1901]], is Pensacola's first commercial high-rise. At the time of its constructionin 1901, it this five-story building was the tallest building in Pensacola and the first with a modern elevator and steam heat. It was conceived by Danish businessman [[Christen Thiesen]]Built in a Renaissance Revival style, who was reportedly warned that his venture would fail it features terra-cotta ornamentation on the west and the building would be lost to receivership; when this failed to happen, Thiesen gloated by flying the Danish flag from the building every year until his death in [[1934]]. It was added to the National Register of Historic Places in December, [[1979]]south facades.

Following a period of disrepairIt was conceived, financed, and owned by Danish businessman [[Ray RussenbergerChristen Thiesen]] purchased , who was reportedly warned that his venture would fail and the building would be lost to receivership; when this failed to happen, Thiesen gloated by flying the Danish flag from the building every year until his death in [[1934]]. It was added to the National Register of Historic Places in December, [[1979]]. By the 1970s, the building had fallen into disrepair and had become vacant. In [[1992]] and renovated businessman [[Ray Russenberger]] purchased the building to provide offices for his paging company [[Network USA]]. He restored the exterior to its original 1901 design.