U.S. Bank Tower (Los Angeles)
|U.S. Bank Tower|
|Former names||Library Tower
First Interstate Bank World Center
|Location||633 West Fifth Street
Los Angeles, California
|Owner||Overseas Union Enterprise|
|Architectural||310.3 m (1,018 ft)|
|Top floor||294.92 m (967.6 ft)|
2 below ground
|Floor area||1,300,000 sq ft (120,000 m2)|
|Design and construction|
|Architect||Pei Cobb Freed & Partners
|Structural engineer||CBM Engineers
James A. Knowles & Associates
|Main contractor||Turner Construction Company|
US Bank Tower, formerly Library Tower and First Interstate Bank World Center, is a 1,018-foot (310 m) skyscraper at 633 West Fifth Street in downtown Los Angeles, California. It is the tallest building in California, the tenth tallest in the United States, the tallest west of the Mississippi River, and the 65th tallest building in the world. Because local building codes require 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 2004 when Taipei 101 opened. It is also the second 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, often used in establishing shots for the city in films and television programs.
U.S. Bank Tower in Los Angeles was sold to Overseas Union Enterprise Ltd (OUE), a hotel and property group controlled by Indonesia's Lippo Group. OUE, an Singapore-based hotel and property company run by Indonesian billionaire Stephen Riady, acquired the tower and other related assets for $367.5 million. OUE, which last year lost out in a bidding war with Thai billionaire Charoen Sirivadhanabhakdi for Fraser and Neave, will acquire the 72-floor office building, the adjacent Maguire Gardens park, and a car park from a unit of Los Angeles-based real-estate investment trust MPG Office Trust Inc.
Mochtar Riady, Founder of Lippo Group, conglomerate whose interests include property, retailing, media, health care and hospitality, Mochtar Riady gets a big boost this year from new information on the family's holdings. Older son James, who oversees interests in Indonesia, and younger son Stephen, who runs expanding overseas empire from Singapore, share fortune. Through their Overseas Union Enterprise, Stephen is waging a battle against Thai tycoon Charoen Sirivadhanabhakd for control of Singapore's Fraser and Neave, potentially Southeast Asia's largest M&A deal.
The building is also known as Library Tower because it was built as part of the $1 billion Los Angeles Central Library redevelopment area following two disastrous fires in 1986, and its location across the street. The City of Los Angeles sold air rights to the developers of the tower to help pay for the reconstruction of the library. The building was also known for a time as First Interstate Bank World Center but the name Library Tower was restored after First Interstate Bancorp merged with Wells Fargo Bank. In March 2003 the property was leased by U.S. Bancorp and the building was renamed U.S. Bank Tower. Residents, however, generally continue to refer to it as Library Tower.
The tower has a large glass crown at its top that is illuminated at night. The crown is lighted with red and green during the Christmas holiday season and lit red around Saint Valentine's Day. It is also lit with purple and gold when the Los Angeles Lakers are playing in the NBA Playoffs and blue and white on Opening Day for the Los Angeles Dodgers and when the Dodgers are playing in the playoffs. The crown was also lit with red, white and blue during the July 4 holidays, but that practice ended in 2003.
On February 28, 2004, two 23 m (75 ft) “U.S. Bank” logo signs were installed on the crown, amid controversy for their effect on the aesthetic appearance of the building, much like the previous First Interstate Bank logos were placed on the crown between 1990 and 1998. First Interstate Bank's “I” logo on the crown was in the 1993 Guinness Book of World Records for highest placed logo.
On October 6, 2005, House officials stated that the government had foiled a previously undisclosed second plot to crash a plane into the building in mid-2002. In his televised 2006 State of the Union Address, President George W. Bush asserted that American counterterrorism officials foiled a plot to fly planes into the tower, which he erroneously identified as “Liberty Tower”. According to President Bush, Al-Qaeda leader Khaled Sheikh Mohammed's plan was to use Asian confederates from Jemaah Islamiyah recruited by Islamic militant Hambali for the hijacking. President Bush asserted the hijackers were going to use shoe bombs to breach the plane's cockpit door. Some counter-terrorism experts have expressed doubt that the plot was ever fully developed or likely to occur.
- Akin Gump Strauss Hauer & Feld
- Cornerstone Research
- Jenner & Block
- McCormick & Schmick's
- Thomson West
- U.S. Bancorp
- White & Case
- Littler Mendelson
- The building made a notable appearance in Independence Day, in which the tower is the first structure to be destroyed during the beginning of a massive alien invasion.
- In Disney's The Kid (2000), Bruce Willis' character, an image consultant, works in the building.
- The 2007 film, Dragon wars features a giant monster dragon that first destroys and rampages through the city and then climbs the tower.
- In the 2007 movie Southland Tales, The building stands for US-IDENT, a Big Brother surveillance agency that is under the guise of a national security think-tank.
- In the 2009 disaster film 2012, it is one of the many buildings in Los Angeles being destroyed by a major earthquake.
- The video games, Grand Theft Auto: San Andreas (2004) and Grand Theft Auto V (2013) each feature a rendition of the tower that is known as the Maze Bank Tower and are the main headquarters for Maze Bank, a fictional bank within the latter mentioned.
From The Maguire Gardens of the Los Angeles Public Library
Lit in purple and gold to root on the Los Angeles Lakers advancement into the 2009 NBA Finals
- 50 Tallest buildings in the U.S.
- List of tallest buildings in Los Angeles
- List of tallest buildings by U.S. state
- U.S. Bank Tower (Los Angeles) at CTBUH Skyscraper Database
- U.S. Bank Tower (Los Angeles) at Emporis
- U.S. Bank Tower (Los Angeles) at Glass Steel and Stone
- U.S. Bank Tower (Los Angeles) at SkyscraperPage
- U.S. Bank Tower (Los Angeles) at Structurae
- A. Ananthalakshmi; Rodney Joyce (11 March 2013). "U.S. Bank Tower, tallest building west of Mississippi, changes hands". Reuters. Retrieved 2 April 2013.
- "Indonesian billionaire Stephen Riady to buy US Bank Tower for $367.5 mn news". Domain-b. 11 March 2013. Retrieved 2 April 2013.
- "First Interstate World Center (Library Tower)". Building Big. Public Broadcasting Service (PBS). Retrieved 2010-04-30.
- Peter Baker; Susan B. Glasser (October 7, 2005). "Bush Says 10 Plots by Al Qaeda Were Foiled". The Washington Post. Retrieved 2010-04-30.
- George W. Bush (9 February 2006). "President Discusses Progress in War on Terror to National Guard". The White House. Retrieved 2010-04-30.
- Mark Coultan; Tom Allard; Mark Forbes (11 February 2006). "Bush seizes on al-Qaeda plot to hit Los Angeles". The Sydney Morning Herald. Retrieved 2010-04-30.
- MPG Office Trust Signs Approximately 25,000 Square Feet Lease At US Bank Tower With Akin Gump Strauss Hauer & Feld LLP
- U.S. Bank Tower Signs New Tenant
|Wikimedia Commons has media related to U.S. Bank Tower (Los Angeles).|
- U.S. Bank Tower website at MPG Office Trust
- Building Profile on Emporis
- List of Tenants @ U.S. Bank Tower - Companies located at 633 W 5th Street, Los Angeles, CA