| Bank of Italy Building | |
| Location: | 649 South Olive Street, Los Angeles, California, United States |
| Completion Date: | 1922 |
| Architectural Style: | Neoclassical |
| Roof: | 194ft |
| Floor Count: | 12 |
| Cost: | $34,000,000 |
| Architect: | Morgan, Walls & Clements[1] |
| Owner: | Sydell Group |
The Bank of Italy Building is a historic building in Los Angeles, California, United States, known for many years as Giannini Place.[2] It was converted to a hotel in 2018 and currently operates as Hotel Per La.
The building is located on the corner of 7th Street and Olive Street in Downtown Los Angeles.[3] [4]
The 12-story building was completed in 1922,[3] and it was dedicated in 1923.[4] It was built as the Los Angeles headquarters of the Bank of Italy, a forerunner to Bank of America founded by Amadeo Giannini.[4] It was designed by the architectural firm Morgan, Walls & Clements,[3] in the Neoclassical architectural style with "Doric columns, ornate golden ceiling and marble floors."[4] The bronze front doors are surrounded by terra cotta sculptures of American coins.[5]
It belonged to the Chetrit Group, until it was acquired by the Sydell Group for US$39 million.[4] From 2015 to 2017, the building was remodeled into the NoMad Los Angeles Hotel, with additional investments from billionaire Ronald Burkle.[4] [6] The hotel opened in 2018,[7] but closed in 2020, due to the COVID-19 pandemic. It reopened in 2022 as the Hotel Per La.[8]