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Work begins on $20 million HQ for L.A. Chamber of Commerce.


Work begins on $20 million HQ for L.A. Chamber of Commerce

The same high-powered team that is developing the $1.5 billion Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  Center commercial megaplex near downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or  last week officially broke ground on a new $20 million headquarters facility for the Los Angeles Area Chamber of Commerce.

The 62,000-square-foot concrete structure is expected to be the first project completed under the recently approved Central City West Specific Plan.

"Having a team of this caliber developing a project this size is kind of like using a Ferrari to drive to the 7-11 store," quipped John Best, a principal with Smith & Hricik Urban Development Inc.

Smith & Hricik is developing Los Angeles Center in partnership with Hillman Hillman was a famous British automobile marque, manufactured by the Rootes Group. It was based in Ryton-on-Dunsmore, near Coventry, England, from 1907 to 1976. Before 1907 the company had built bicycles.  Properties of Newport Beach Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. . And the developers agreed to build the chamber a new headquarters facility as a condition of getting their mega-project approved.

The new chamber building will be on Bixel Street between Third and Fourth streets, one block north of the chamber's existing headquarters. The Smith & Hricik/Hillman team purchased the new headquarters site in August 1990 from the Federal Courts & Records Credit Union for an undisclosed price.

In exchange, the chamber agreed to relinquish title to its present headquarters property, which is where Smith & Hricik/Hillman plans to eventually build the third phase of its Los Angeles Center, which will be a 40-story skyscraper skyscraper, modern building of great height, constructed on a steel skeleton. The form originated in the United States. Development of the Form


Many mechanical and structural developments in the last quarter of the 19th cent.
.

"We won't be building that third-phase tower for another 12 to 15 years," Best said. "So we'll probably just keep the existing chamber building intact as long as there's a usable purpose for it. It depends on whether we need the storage space."

Meanwhile, chamber employees are expected to vacate To annul, set aside, or render void; to surrender possession or occupancy.

The term vacate has two common usages in the law. With respect to real property, to vacate the premises means to give up possession of the property and leave the area totally devoid of contents.
 their current 42,000-square-foot headquarters building and move to their new 64,000-square-foot home a block away in late 1992 or early 1993.

The new facility will have a precast-concrete-and-stone-trim facade; a three-story, barrel-vaulted entryway; and 174 below-grade parking spaces -- almost double the capacity of the chamber's existing 96-space surface lot.

Architect of the new facility is Johnson Fain fain  
adv.
1. Happily; gladly: "I would fain improve every opportunity to wonder and worship, as a sunflower welcomes the light" Henry David Thoreau.

2.
 & Pereira Associates, the same firm that designed Los Angeles Center, Fox Plaza Fox Plaza is the name of a couple of buildings:
  • Fox Plaza (Los Angeles)
  • Fox Plaza (San Francisco)
 and many other landmark projects.

PHOTO : Artist's rendering: The Chamber of Commerce's new home
COPYRIGHT 1991 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Los Angeles Area Chamber of Commerce's headquarters
Author:Stremfel, Michael
Publication:Los Angeles Business Journal
Date:Sep 23, 1991
Words:362
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