U.S. Bank Tower

U.S. Bank Tower, formerly Library Tower and First Interstate Bank World Center, is a 1,018-foot skyscraper at 633 West Fifth Street in downtown Los Angeles, California, United States. It is, by structural height, the third-tallest building in California, the second-tallest building in Los Angeles, the eighteenth-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. It is the shorter of only two buildings in California whose roof heights exceed 1,000 feet. 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 roof-top heliport from its completion in 1989 to 2010 when the China World Trade Center Tower III opened. 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. It consists of 73 stories above ground and two parking levels below ground. Construction began in 1987 with completion in 1989. The building was designed by Henry N. Cobb of the architectural firm Pei Cobb Freed & Partners and cost $350 million to build. 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.

U.S. Bank Tower in Los Angeles was sold to OUE Ltd , a diversified real estate owner, developer and operator group, in 2013. OUE, a Singapore-listed company run by Indonesian billionaire Stephen Riady, acquired the tower and other related assets for $367.5 million. 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.

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Source: Wikipedia.org

Copyright: Creative Commons 3.0

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