![]() ![]() The building was first known and is alternatively known today as the Library Tower, because it was built as part of the $1 billion Los Angeles Central Library redevelopment area, following two disastrous fires at the library in 1986, and its location across the street. The renovations included flexible workspaces, an art installation, and other improvements for the tenants. They held a grand opening in April 2023 after creating a brand new lobby and more food options. ![]() On July 20, 2020, it was announced that Larry Silverstein (Silverstein Properties), the developer of the World Trade Center, purchased the building for reportedly 430 million dollars. 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. OUE, a Singapore-listed company run by Indonesian billionaire Stephen Riady, acquired the tower and other related assets for $367.5 million. Bank Tower in Los Angeles was sold to OUE Ltd (OUE), a diversified real estate owner, developer and operator group, in 2013. It is one of the most recognizable buildings in Los Angeles, and often appears in establishing shots for the city in films and television programs. Cobb of the architectural firm Pei Cobb Freed & Partners and cost $350 million to build. ![]() Construction began in 1987 with completion in 1989. It consists of 73 stories above ground and two parking levels below ground. It is also the third-tallest building in a major active seismic region its structure was designed to resist an earthquake of 8.3 on the Richter scale. Because local building codes required all high-rise buildings to have a helipad, it was known as the tallest building in the world with a rooftop heliport from its completion in 1989 to 2010 when the China World Trade Center Tower III opened. Bank Tower does surpass both the Salesforce Tower and the Wilshire Grand Center in roof height, making it the only building in California whose roof height exceeds 1,000 feet (300 m). It is, by structural height, the third-tallest building in California, the second-tallest building in Los Angeles, the 24th-tallest in the United States, the third-tallest west of the Mississippi River after the Salesforce Tower and the Wilshire Grand Center, and the 129th-tallest building in the world, after being surpassed by the Wilshire Grand Center. Bank Tower, known locally as the Library Tower and formerly as the First Interstate Bank World Center, is a 1,018-foot (310.3 m) skyscraper in downtown Los Angeles, California. “While there are examples of observation decks and tourist attractions co-existing with workspace, in this particular case I think that it was having too much of a negative impact on the experience that we wanted to create and preserve for the companies that are here,” he said. Skyspace closed before the pandemic and will not reopen, said Jeremy Moss, head of leasing. Located nearly 1,000ft (304.8 metres) above the ground, the Skyslide is a see-through enclosure 45ft long (13.7 metres) and made of 1.25in thick (3.18 centimetre) glass.Ī member of the media prepares to take a ride down a glass slide at the US Bank Tower building in Los Angeles (Richard Vogel/AP)ĭeveloper Silverstein Properties bought the US Bank Tower last year for 430 million US dollars (£303 million) and plans to spend 60 million dollars (£42 million) on upgrades to make it more appealing to businesses in creative fields, the Times reported. ![]() The slide and deck opened in 2016 with the idea of making the tower a tourist attraction. The new owner of the US Bank Tower will remove the Skyslide and Skyspace public observation deck, the Los Angeles Times reported. A renovation will do away with a slide that gave thrill-seekers a brief ride on the outside of a skyscraper in central Los Angeles. ![]()
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