Built in 1963 and originally named the "Carlton Towers", advertised to be an "Uitra Modern Luxary Apartments catering to your own individual ides of comfort, privacy and the convenience of downtown living." The 183 unit apartment building in a Y-shaped configuration was architected by Howard L. Dutkin, A.I.A. and constructed by Frank J. Rooney, Inc. Back in the day the 10 story building was the tallest building downtown making it iconic. Through the years the building hosted a coffee shop, restaurant and beauty parlor, and in current day a real estate agency. In 2005 the building was converted to condominiums and renamed, "The Beacon on Third".