Century City, Los Angeles
|Neighborhood of Los Angeles|
Century City on January 25, 2009
The neighborhood was developed on property used by 20th Century Fox for making motion pictures, and its first building was opened in 1963. There are two private but no public schools in the neighborhood. Important to the economy are a shopping center, business towers, and Fox Studios.
There are 5,900+ residents, composed of a large percentage of whites, older-aged, high-income population and high attainment in education compared to the rest of the city.
According to the Mapping L.A. project of the Los Angeles Times, Century City is bordered on the northeast and east by Beverly Hills, on the southeast and south by Cheviot Hills, on the southwest and west by West Los Angeles and on the northwest by Westwood.
The land of Century City belonged to cowboy actor Tom Mix (1880-1940), who used it as a ranch. It later became a backlot of 20th Century Fox, which still has its headquarters just to the southwest.
In 1956, Spyros Skouras (1893-1971), who served as the President of 20th Century Fox from 1942 to 1962, and his nephew-in-law Edmond Herrscher (1890s-1983), an attorney sometimes known as "the father of Century City," decided to repurpose the land for real estate development. The following year, in 1957, they commissioned a master-plan development from Welton Becket Associates, which was unveiled at a major press event on the "western" backlot later that year. In 1961, after Fox suffered a string of expensive flops, culminating with the financial strain put on the studio by the very expensive production of Cleopatra, the film studio sold about 180 acres (0.73 km2) to developer William Zeckendorf and Aluminum Co. of America, also known as Alcoa, for US$300 million (US$2.4 billion in 2014's money). Herrscher had encouraged his uncle-in-law to borrow money instead, but once Skouras refused, he was out of the picture.
The new owners conceived Century City as "a city within a city". In 1963, the first building, Gateway West Building, was completed. The next year, in 1964, Minoru Yamasaki designed the Century Plaza Hotel. Five years later, in 1969, architects Anthony J. Lumsden and César Pelli designed the Century City Medical Plaza.
Much of the shopping center's architecture and style can be seen in numerous sequences in the 1967 Fox film, A Guide for the Married Man, as well as in a sequence in another Fox film of the same year, Caprice. Century City's plaza as it appeared in the early 1970s can be viewed in several scenes of still another Fox film, 1972's Conquest of the Planet of the Apes.
The 2000 U.S. census counted 5,513 residents in the 0.70-square-mile Century City neighborhood—or 7,869 people per square mile, an average population density for the city. The Southern California Association of Governments estimates that the daytime population amounts to 48,343 on a working day. In 2008, the city estimated that the resident population had increased to 5,934.
In 2008, the median age for residents was 46, older than average for the city and the county. The percentage of residents aged 65 and older (26.4%) was the highest for any neighborhood in Los Angeles County. The percentages of widowed men and women and of divorced men were among the county's highest. Military veterans accounted for 11.9% of the population, a high rate for the city and the county.
The neighborhood was considered "not especially diverse" ethnically, with a high percentage of white residents. The breakdown was whites, 82.5%; Asians, 8.6%;Latinos, 4.4%; blacks, 1.4%; and others, 3,0%. Iran (21.2%) and Canada (6.1%) were the most common places of birth for the 25.5% of the residents who were born abroad—a low percentage, compared to the city at large.
The median yearly income in 2014 was $652,007, a high figure for Los Angeles. The percentage of households that earned $125,000 and up was high for Los Angeles County. The average household size of 1.8 people was low for Los Angeles. Renters occupied 39.6% of the housing stock and apartment owners held 60.4%. The median price of homes currently listed in Century City is $1,100,000 while the median price of homes that sold is $880,000.
|This section requires expansion. (June 2013)|
The Century City Shopping Mall and Fox Studios occupy important acreage in the neighborhood.
One tower, Constellation Place (formerly the MGM Tower), has the headquarters of Houlihan Lokey, International Creative Management, and International Lease Finance Corporation. Crystal Cruises is also headquartered in Century City.
Government and infrastructure
Fifty-five percent of Century City residents aged 25 or over had earned a four-year degree by 2000, a high figure for Los Angeles.
Two private schools are located within the Century City neighborhood—Lycée Français de Los Angeles, at 10361 Pico Boulevard, and Temple Isaiah Preschool and Kindergarten, at 10345 West PIco Boulevard.
In Popular Culture
- Larry Harnisch, "The Daily Mirror," Los Angeles Times
- Groves, Martha and Stevens, Matt (June 18, 2014) "Do all roads to Century City's future lead to more traffic?" Los Angeles Times
-  Colored map, Mapping L.A., Los Angeles Times
- Gary Baum, Why Century City Ranks Among the Worst Real Estate Deals in Hollywood History, The Hollywood Reporter, September 26, 2013
- Online Archive of California: Edmond Herrscher papers, ca. 1890s-1935, 1947-1982 (Collection LSC.1829)
- Vincent, Roger (June 3, 2008), "Next Century Associates buys the 1960s-era landmark built on a former studio back lot.", Los Angeles Times
- Century City Medical Plaza, Los Angeles Conservancy
-  "Century City," Mapping L.A., Los Angeles Times
-  "65 and Up," Mapping L.A., Los Angeles Times
- Vincent, Roger. "Energy cells help power Century City skyscraper." Los Angeles Times. February 5, 2012. Retrieved on February 5, 2012.
- Steinberg, Julie. "Bucking the Trend, Houlihan Lokey Still Hiring." Finance (The Wall Street Journal). January 24, 2012. Retrieved on February 5, 2012. "Houlihan Lokey, the Los Angeles-based investment bank,[...]"
- Nash, James. "Lights, camera, Katrina: rebuilding of Louisiana will affect production in L.A." Los Angeles Business Journal at AllBusiness. Retrieved on February 5, 2012. "[...]International Creative Management Inc., the Los Angeles-based talent and literary agency."
- "Contact Us." International Lease Finance Corporation. Retrieved on 6 May 2011. "10250 Constellation Blvd. Suite 3400 Los Angeles, CA 90067 USA"
- "Contact Us." Crystal Cruises. Retrieved on January 20, 2010. "Crystal Cruises 2049 Century Park East Suite 1400 Los Angeles, CA 90067"
- "Article: Los Angeles-Based Crystal Cruises Moves to Nearby Location." PR Newswire. August 19, 1998. Retrieved on January 20, 2010. "Effective September 8, Crystal Cruises is relocating to larger headquarters a few blocks from its current location in the Century City area of Los Angeles, California."
- "About Us." Los Angeles County Department of Health Services. Retrieved on March 18, 2010.
- "Fire Station 92," Los Angeles Fire Department
- http://www.lapdonline.org/west_la_community_police_station lapdonline.org
- "Schools: Century City," Mapping L.A., Los Angeles Times