Architectural style Neoclassical Owner Sydell Group Architecture firm Morgan, Walls & Clements | Completed 1922 Opened 1922 | |
 | ||
Location 649 South Olive Street, Los Angeles, California, USA Similar Commercial Exchange Building, Trinity Auditorium, Subway Terminal Building, Gas Company Tower, Wilshire Grand Center | ||
Giannini place abandoned before renovation 20 april 2015
Giannini Place is a historic building in Los Angeles, California, USA.
Contents
Location
The building is located on the corner of 7th Street and Olive Street in Downtown Los Angeles.
History
The 12-story building was completed in 1922, and it was dedicated in 1923. It was built as the Los Angeles headquarters of the Bank of Italy, a forerunner to Bank of America founded by Amadeo Giannini. It was designed by the architectural firm Morgan, Walls & Clements, in the Neoclassical architectural style with "Doric columns, ornate golden ceiling and marble floors." The bronze front doors are surrounded by terra cotta sculptures of American coins.
It belonged to the Chetrit Group, until it was acquired by the Sydell Group for US$39 million. As of 2015, the building is remodelled into a new hotel, with additional investments from billionaire Ronald Burkle.