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OUE, a Singapore-listed company run by Indonesian billionaire Stephen Riady, acquired the tower and other related assets for $367.5 million. OUE acquired the 72-floor office building, the adjacent Maguire Gardens park, and a parking lot from a unit of Los Angeles–based real-estate investment trust MPG Office Trust Inc. [10] [11]
The current skyscraper complex was built as the ARCO Plaza, with a pair of 213.3 m (700 ft) 52-story office towers. The northernmost tower became the new world headquarters for the Atlantic Richfield Company (ARCO), the present day Paul Hastings Tower. The southern tower became the Los Angeles headquarters of the Bank of America. [10]
FourFortyFour South Flower, formerly Citigroup Center, is a 627 ft (191 m) 48-story skyscraper at 444 South Flower Street in the Bunker Hill area of downtown Los Angeles, California. [1] At the time of its completion, in 1981, the tower was the fifth-tallest in the city .
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Thirteen large office buildings opened between 1920 and 1928. By 1929, every plot on 7th between Figueroa and Los Angeles Streets had been developed. [2] The area remained an important, if not the most exclusive, center of retail and office space throughout the 1950s, but started a slow decline throughout the 1980s due to suburbanization.
Horse-drawn streetcar in front of the first Los Angeles federal courthouse and post office, c. 1892 James C. Corman Federal Building at Van Nuys Government Center. This is a list of Los Angeles federal buildings, meaning past or present United States federal buildings located within the city of Los Angeles.