Pacific Coast Architecture Database (PCAD)

Structures

1000 Wilshire Boulevard Office Building, Los Angeles, CA

ID: 182
Alt. Name: Coast Savings Bank, Main Office Building #2, Los Angeles, CA
Wedbush Morgan Securities, Main Office Building, Los Angeles, CA
Construction Date: End Date: 1987
Notes: A flattened oval-shaped office building, 1000 Wilshire Boulevard had its long axis sited parallel to the 110 Freeway just to the north; it stood 350 feet high and contained 23 stories.
Building History: The New York architecture firm of Kohn Pedersen Fox (KPF) designed the 1000 Wilshire Boulevard Office Building in association with the Los Angeles firm of Langdon, Wilson and Mumper. The speculative tower opened in 06/1987 and was developed by the Reliance Development Group. It sold in 1987 to the Sumitomo Trust, the American arm of the Japanese real estate investment trust. (At this time, a great deal of expensive American real estate was being bought up by cash-rich, Japanese investors.) Tenants leasing the largest percentage of square footage in the building have been given the privilege of naming the building over the years; main tenants have included Coast Savings Bank (c. 1987-2002) and later Wedbush Morgan Securities, Incorporated, (2002-present), one of Southern California's biggest investment banks/brokerage houses. According to the Los Angeles Times of 01/15/2002: "Wedbush won the right to erect its name on the 22-story office tower last year when it became the largest tenant at 1000 Wilshire by leasing 113,000 of its 471,000 square feet." (See Bob Howard, "Wedbush Name Placed Atop 1000 Wilshire Blvd.," Los Angeles Times, 01/15/2002, <http://articles.latimes.com/2002/jan/15/business/fi-socal15> Accessed 04/28/2011.) Other major tenants in the building in 04/2011 included: the Buchalter Nemer law firm, CH2MHill engineering firm, C.V. Starr and Company insurance firm, Hana Financial, Grant Thorton LLP law firm, and the First Standard Bank.
Structure Size: Total Square Feet: 476450
Number of Floors: 23
Structure Type: built works - commercial buildings - office buildings
built works - commercial buildings - stores
Locations: Structure:
1000 Wilshire Boulevard
Los Angeles, CA
USA
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