This was when modern progress and ancient beliefs came together at this symbolic crossroads. When the Erawan Hotel was completed in 1956, it was said that there had been many accidents during the construction and that the land on which the intersection stood was disturbed by many ancient forces.
What's interesting is that Luang Suwichanpart, the shaman, believed the spirit residing inside the Erawan Shrine after it was built was that of Phra Pinklao, one of King Rama IV's brothers, who passed away and became Lord Brahman's servant in heaven.