Follow this tag to curate your own personalized Activity Stream and email alerts.
Silverstein Properties has just completed its overhaul of the Pei Cobb Freed & Partners-designed U.S. Bank Tower in Downtown Los Angeles. The two-year, $60 million project issued major upgrades across 35,000 square feet of the building while installing a new entrance lobby and... View full entry
Silverstein Properties closed on its $430 million deal to buy US Bank Tower, an iconic Downtown Los Angeles property whose purchase price was far below initial expectations. [...]
In a statement, chairman Larry Silverstein said: “I believe in the future of Downtown Los Angeles.”
— The Real Deal
The 73-story US Bank Tower, designed by Henry N. Cobb of Pei Cobb Freed & Partners, was once the tallest building west of the Mississippi River until the recently completed Wilshire Grand Center in Los Angeles and later the Salesforce Tower in San Francisco took over that title. The 36-foot-long... View full entry
As white-shoe law firms shrink and expanding tech companies in L.A. increasingly move into restored warehouses or historic buildings, commercial skyscrapers around the country are struggling to find tenants. [...]
That leaves the owners of aging all-office high-rises like the U.S. Bank Tower looking for ways to produce new revenue [...]
OUE is not the first company to see a possible revenue stream in the desire of adults to pay money to act like children in downtown settings.
— latimes.com
More on what's happening in Downtown Los Angeles: The West Coast's tallest tower is getting a glass-bottomed slide on its 69th floorMia Lehrer + OMA win over Eric Owen Moss, Brooks + Scarpa, AECOM to design DTLA's new public parkAgence Ter and Team wins Pershing Square Renew with “radically... View full entry
Bank Tower owners OUE Limited announced today a new addition to the Skyspace observation deck tourist attraction that's guaranteed to give it that "thrill factor": a 36-foot long glass slide that will allow brave souls to slide from the 70th floor to the 69th along the outside of the building.
Called the Skyslide, the chute will be made of clear glass four inches thick [and] sit about 1,000 feet above the ground
— la.curbed.com
Don't look down. Related on Archinect: Glass Cracks Below Tourists in Chicago SkydeckChinese glass-bottom walkway cracks below tourists – 3,540 feet above groundChina opens 590-foot-high glass-bottom bridgeSurvey: Why glass? View full entry
