The Folger Shakespeare Library was constructed on the site of Grant's Row, owing to the acquisition of the land in 1928 by Henry Clay Folger. Folger, a millionaire Standard Oil executive, devoted a great deal of his life to the acquisition of the largest collection of Shakespearean materials in the world. Folger intended for the building to be of Elizabethan design, but architect Paul P. Cret convinced him that an Elizabethan design would clash with the classical buildings surrounding the Library on Capitol Hill.
Instead, the building was built in the classical style but with an Elizabethan theater and spaces for 75,000 books inside. Construction lasted from 1929- until 1932, with the cornerstone laid in 1930, two weeks before Henry Clay Folger's death. His will appointed the Trustees of Amherst College to administer the Library, which continues to operate as an important research center on Shakespeare and his time, in addition to staging theatrical productions in the Folger Theatre.
DC Inventory: November 8, 1964
National Register: June 23, 1969