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Union Bank Plaza

Coordinates: 34°03′11″N 118°15′26″W / 34.0530°N 118.2572°W / 34.0530; -118.2572
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Union Bank Plaza
Union Bank Plaza is located in the Los Angeles metropolitan area
Union Bank Plaza
Location within the Los Angeles metropolitan area
Union Bank Plaza is located in California
Union Bank Plaza
Union Bank Plaza (California)
Alternative namesUBC Plaza
Union Bank of California Building
Bunker Hill Square
General information
TypeCommercial offices
Architectural styleInternational style
Location445 South Figueroa Street
Los Angeles, California
Coordinates34°03′11″N 118°15′26″W / 34.0530°N 118.2572°W / 34.0530; -118.2572
Completed1965 – 1968
OwnerWaterbridge Capital
Height
Roof157.28 m (516.0 ft)
Technical details
Floor count40
Floor area68,525 m2 (737,600 sq ft)
Lifts/elevators19
Design and construction
Architect(s)Albert C. Martin & Associates
Harrison & Abramovitz
Services engineerJaros, Baum & Bolles (JB&B)
Main contractorTurner Construction
DesignatedFebruary 26, 2020
Reference no.1206
References
[1][2][3][4]

Union Bank Plaza is a Los Angeles Historic-Cultural Monument listed 40-story, 157 m (515 ft) office skyscraper located on South Figueroa Street in Downtown Los Angeles, California.

History

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Designed collaboratively by Harrison & Abramovitz and A.C. Martin & Associates, construction of the building began in 1965 and was completed in 1968 for the Connecticut General Life Insurance Company. It was the first skyscraper built in the central business district of Los Angeles as part of the Bunker Hill redevelopment project following the repeal of limitations on construction greater than 150 feet in height in 1957. Noted landscape architect Garrett Eckbo designed the three-acre modernist outdoor plaza on top of the parking garage.[5]

The property was named for the formerly Los Angeles based Union Bank & Trust Company, who leased 14 floors for their corporate headquarters. Having gone through a number of mergers and acquisitions over the years, successive owners have maintained the brand and retained the naming rights for their west coast offices, however Union Bank's December 2022 merger with U.S. Bancorp has resulted into folding the Union Bank name into the U.S. Bank brand, who also leases the U.S. Bank Tower for their Los Angeles offices, so the future of the naming rights are currently uncertain. Union Bank Plaza was also acquired by Waterbridge Capital for roughly $110,000,000 in March 2023.[6]

Currently the 22nd tallest building in Los Angeles, the complex was named a Los Angeles Historic Cultural Monument in 2020, the first skyscraper in Los Angeles to earn that distinction.[5]

See also

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References

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  1. ^ "Union Bank Plaza". CTBUH Skyscraper Center.
  2. ^ "Emporis building ID 116480". Emporis. Archived from the original on January 13, 2016.{{cite web}}: CS1 maint: unfit URL (link)
  3. ^ "Union Bank Plaza". SkyscraperPage.
  4. ^ Union Bank Plaza at Structurae
  5. ^ a b "CULTURAL HERITAGE COMMISSION CASE NO.: CHC-2019-4334-HCM" (PDF). Los Angeles City Planning. Retrieved July 30, 2023.
  6. ^ Cornfield, Greg (March 30, 2023). "Union Bank Plaza in Downtown LA Sells at a Big Loss". Commercial Observer. Retrieved March 31, 2023.

Further reading

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  • Cameron, Robert (1990). Above Los Angeles. San Francisco: Cameron & Company. ISBN 0-918684-48-X.
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