Gas Company Tower Explained

Gas Company Tower
Alternate Names:SoCal Gas Center/Sempra Energy
Location:555 West 5th Street
Los Angeles, California Telephone (213) 244-1200
Coordinates:34.05°N -118.2531°W
Start Date:1988
Completion Date:1991
Building Type:Commercial offices
Roof:228.3abbr=onNaNabbr=on
Floor Count:52
Elevator Count:28
Floor Area:1313360square feet
Architect:Richard Keating
Skidmore, Owings and Merrill
Main Contractor:Turner Construction
Developer:Thomas Properties Group
Maguire Properties
Owner:Brookfield Properties Inc.[1] [2]
References:[3]

Gas Company Tower is a 52-story, 228.3abbr=onNaNabbr=on class-A office skyscraper on Bunker Hill in downtown Los Angeles, California. Located on the north side of Fifth Street between Grand Avenue and Olive Street, across from the Biltmore Hotel, the building serves as the headquarters for the Southern California Gas Company, which vacated its previous offices on Eighth- and Flower-streets in 1991, and is home to the Los Angeles offices of law firm Arent Fox.[4]

In 2014, Deloitte became the first tenant to have their logo affixed to the peak of the building which had been left plain since the building was completed. This giant accounting firm moved from nearby Two California Plaza, where it had been since 2000.[5]

The tower's owner, Brookfield, defaulted on Gas Company Tower and the 777 Tower, also in Los Angeles, in 2023.[6] [7] The County of Los Angeles notified the court-appointed representative of their interest in acquiring the building in mid-2024.[8]

In popular culture

The lobby is featured in the opening scene of the 1994 action movie Speed.

It was also featured in the 2001 film Vanilla Sky.[9]

See also

External links

Notes and References

  1. Vincent, Roger (13 October 2013) "Brookfield becomes dominant landlord in L.A. financial district" Los Angeles Times
  2. News: Gittelsohn . John . 2023-02-14 . Brookfield Defaults on Two Los Angeles Office Towers . en . Bloomberg . 2023-02-15.
  3. Web site: Emporis building ID 116418 . https://web.archive.org/web/20160307023730/https://www.emporis.com/buildings/116418 . dead . March 7, 2016 . Emporis.
  4. Web site: Sidley Austin LLP - Our Firm - Los Angeles. Sidley Austin. 2010. 2 September 2010. dead. https://web.archive.org/web/20120728230232/http://www.sidley.com/ourfirm/offices/office.aspx?office=9. 28 July 2012.
  5. Vincent, Roger (12 June 2014) "Deloitte to move downtown L.A. office to Gas Co. Tower" Los Angeles Times
  6. News: Goldstein . Matthew . Creswell . Julie . Eavis . Peter . Stress Builds as Office Building Owners and Lenders Haggle Over Debt . 27 April 2023 . The New York Times . 27 April 2023.
  7. Web site: Cornfield . Greg . 2023-07-06 . Two Tenants Ditch Brookfield’s L.A. Office Towers . 2023-07-08 . Commercial Observer . en-US.
  8. Web site: Vincent . Roger . Ellis . Rebecca . 2024-08-01 . Los Angeles County agrees to buy downtown skyscraper . 2024-08-01 . Los Angeles Times . en-US.
  9. Richard Horgan, Tower of Power, Los Angeles Downtown News, April 29, 2002, accessed October 13, 2023.