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The building was owned by Bank of America until April 2012, [9] when it was purchased by Simpson Housing LLC of Denver, in what was reported as "the second highest price-per-unit sale in Downtown Los Angeles’ history." There were reportedly 26 offers for the building.
A $2-billion residential and commercial development in Skid Row near the Arts District received a boost from Gov. Gavin Newsom on Thursday as his office fast-tracked its possible construction.
It was administered by the Grand Avenue Authority, a joint powers authority consisting of Los Angeles County and City. The first task was to improve the streetscape of Grand Avenue. The second element was to upgrade the 12-acre (4.9 ha) Grand Park in 2012 with a refurbished fountains, lawn furniture, walkways and the planting of native gardens.
Farmers and Merchants Bank of Los Angeles; Fashion Institute of Design & Merchandising Museum; Federal Reserve Bank of San Francisco, Los Angeles Branch; Fifth Street Store; Fifth Street Store Building; FIGat7th; Figueroa Centre; Figueroa Eight; Fine Arts Building (Los Angeles) Finney's Cafeteria; Fire Station No. 23 (Los Angeles, California ...
California Plaza was a ten-year, $1.2 billion project. Started in 1983, the Two California Plaza tower was completed in 1992 during a significant slump in the downtown Los Angeles real estate market. The tower opened with only 30 percent of its space leased and overall vacancy rates in downtown office space neared 25 percent. [7]
L.A. County has agreed to buy the Gas Company Tower, a prominent office skyscraper in downtown L.A., for $215 million in a foreclosure sale.
Figueroa Eight is a 530 foot (160 m)-tall residential skyscraper in Downtown Los Angeles, California. Figueroa Eight is owned by Japanese real estate developer Mitsui Fudosan. The building broke ground in February 2020 and topped out in October 2022. Figueroa Eight is one of the tallest buildings in Los Angeles.
2Cal, formerly known as Two California Plaza, is a 750-foot (230 m) skyscraper in the Bunker Hill District of downtown Los Angeles, California, United States.The tower is part of the California Plaza project, consisting of two unique skyscrapers, One California Plaza and Two California Plaza.