1 Cal Plaza Explained

1 Cal Plaza
Location:300 South Grand Avenue
Los Angeles, California
Start Date:1983
Completion Date:1985
Building Type:Commercial offices
Floor Count:42
Elevator Count:28
Architect:Arthur Erickson Architects
Structural Engineer:John A. Martin & Associates
Main Contractor:The Beck Group
Developer:Metropolitan Structures West
Owner:Partnership Between Rising Realty Partners & Colony Northstar, Inc.
Management:Rising Realty Partners
References:[1]

1 Cal Plaza, formerly known as One California Plaza, is a skyscraper located in the Bunker Hill District of downtown Los Angeles, California, United States. With a second skyscraper, Two California Plaza, it comprises the California Plaza project. The Plaza also is home to the Los Angeles Museum of Contemporary Art, Colburn School of Performing Arts, the Los Angeles Omni Hotel, and a 1.5acres water court.[2]

Completed in 1985, One California Plaza has 1.05e6sqft of office space. The towers were designed by Arthur Erickson Architects and named BOMA Building of the Year in 1989.[2]

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.[3] It was nearly 10 years before significant tall buildings were completed again in downtown Los Angeles. Several clear shots of the building under construction can be seen in the 1983 action helicopter movie Blue Thunder.

California Plaza was originally planned to include three high rise tower office buildings instead of the two completed. Three California Plaza at 65 floors, was planned for a site just north of 4th Street, directly across Olive Street from California Plaza's first two office highrises and was planned to house the Metropolitan Water District's permanent headquarters.[4]

The construction and $23 million cost of the MOCA Grand Avenue building was part of a city-brokered deal with the developer of the California Plaza redevelopment project, Bunker Hill Associates, which received the use of an 11acres, publicly owned parcel of land.[5] [6]

One California Plaza was purchased on June 6, 2017 by a partnership between Rising Realty Partners and Colony Northstar, Inc.[7]

Tower One was featured in the Nickelodeon television show Drake & Josh as Spin City Records in the episode "Really Big Shrimp".

See also

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Further reading

Notes and References

  1. Web site: Emporis building ID 116596 . https://web.archive.org/web/20160306091427/https://www.emporis.com/buildings/116596 . dead . March 6, 2016 . Emporis.
  2. Web site: One California Plaza . Maquire Properties . 2008-12-26 . https://web.archive.org/web/20110714021118/http://www.maguireproperties.com/OneCaliforniaPlaza/index.php . 2011-07-14 . dead.
  3. News: Stevenson . Richard W. . Office Glut Spreads in California . The New York Times . November 11, 1991 . 13 August 2010 . 11 August 2023 . https://web.archive.org/web/20230811000214/https://www.nytimes.com/1991/11/11/business/office-glut-spreads-in-california.html . live .
  4. News: Europe . 2022-11-11 . 2022-11-11 . https://web.archive.org/web/20221111154206/https://www.airedalebreeder.com/ . live .
  5. News: Rutten . Tim . What MOCA really needs . Commentary . Los Angeles Times . December 6, 2008 . December 26, 2008 . December 8, 2008 . https://web.archive.org/web/20081208024424/http://www.latimes.com/news/opinion/commentary/la-oe-rutten6-2008dec06,0,3263190.column . live .
  6. News: Hayes . Tome . Los Angeles: For Downtown, An Ambitious Mixed-Use Project . The New York Times . May 12, 1985 . 13 August 2010 . 11 August 2023 . https://web.archive.org/web/20230811000216/https://www.nytimes.com/1985/05/12/realestate/los-angeles-for-downtown-an-ambitious-mixed-use-project.html . live .
  7. Web site: Kim . Eddie . Rising Realty Partners Buying One California Plaza . 20 June 2017 . LA Downtown News . 30 November 2021 . 30 November 2021 . https://web.archive.org/web/20211130204311/http://www.ladowntownnews.com/news/rising-realty-partners-buying-one-california-plaza/article_04a34fee-55f4-11e7-a353-cf93cdc58c53.html . live .