1 Cal Plaza, formerly known as One California Plaza, is a

skyscraper A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-ris ...

located in the Bunker Hill District of

downtown Los Angeles Downtown Los Angeles (DTLA) contains the central business district of Los Angeles. In addition, it contains a diverse residential area of some 85,000 people, and covers . A 2013 study found that the district is home to over 500,000 jobs. It is ...

California California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...

. With a second skyscraper,

Two California Plaza 2Cal, formerly known as Two California Plaza, is a skyscraper in the Bunker Hill District of downtown Los Angeles, California. The tower is part of the California Plaza project, consisting of two unique skyscrapers, One California Plaza and Two ...

, it comprises the California Plaza project. The Plaza also is home to the

Los Angeles Museum of Contemporary Art The Museum of Contemporary Art, Los Angeles (MOCA) is a contemporary art museum with two locations in greater Los Angeles, California. The main branch is located on Grand Avenue in Downtown Los Angeles, near the Walt Disney Concert Hall. MOCA's or ...

, Colburn School of Performing Arts, the Los Angeles Omni Hotel, and a water court. Completed in 1985, One California Plaza has of office space. The towers were designed by

Arthur Erickson Arthur Charles Erickson (June 14, 1924 – May 20, 2009) was a Canadian architect and urban planner. He studied Engineering at the University of British Columbia and, in 1950, received his B.Arch. (Honours) from McGill University. He is known ...

Architects and named BOMA Building of the Year in 1989. California Plaza was a ten-year, $1.2 billion project. Started in 1983, the

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. 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 3 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 St., directly across Olive St. from California Plaza's first two office highrises and was planned to house the Metropolitan Water District's permanent headquarters. 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, who received the use of an , publicly owned parcel of land. One California Plaza was purchased on June 6, 2017 by a partnership between Rising Realty Partners and Colony Northstar, Inc.http://www.ladowntownnews.com/news/rising-realty-partners-buying-one-california-plaza/article_04a34fee-55f4-11e7-a353-cf93cdc58c53.html

References

External links

1 Cal Plaza Official Website

See also

References

External links

Further reading