One of the largest skyscraper developments in the Far West originally built as the worldwide headquarters of The Atlantic Richfield Company (ARCO) and as the West Coast headquarters of Bank of America, City National Plaza (“CNP”) is strategically located in the center of the Downtown Los Angeles financial and business community on an approximate 4-acre site, with immediate access to the freeway system. Set on an incline site, between Flower and Figueroa Streets, the twin 52-story towers rise 699 feet from an openly designed, granite paved plaza at the Flower Street level with a separate Plaza building located in between. The three buildings house approximately 5,000 people in approximately 2,600,000 square feet. On-site parking for nearly 800 cars is provided in a two-level garage below the plaza, supplemented by an off-site structure for 2,485 cars. Below the on-site garage is a completely enclosed air-conditioned retail concourse of 24 shops and restaurants. The buildings have a structural frame of steel covered with highly polished panels of Forest Green granite and panes of solar bronze glass, set in a disciplined pattern of extreme simplicity. The design of the project is sophisticated and powerful, establishing a proper environment for this financial center defined by the color accentuated landscaping and highlighted by its centrally located Plaza fountain and Herbert Bayer sculpture. CNP’s Design Architect was Albert C. Martin & Associates, and its General Contractor was Turner Construction.
CNP sits at the center of the DTLA renaissance and vibrancy with its location serving as the bridge between the growing business, retail and residential districts of Bunker Hill / Civic Center and the South Park areas to reinforce downtown Los Angeles' stature as one of the world's most dynamic cities. CNP provides the best in class real estate experience and alternative in downtown LA due to its superior product quality, location, access and amenities.
The CNP ownership has completed significant interior upgrades to both the North and South Tower buildings main lobbies, including installation of operable glass doors that create a dynamic indoor/outdoor connection to the outdoor Plaza, sculptural lighting elements, cosmetic enhancements to the elevator lobbies and cabs and a new security console and access control system. In addition, a one of a kind project Event Center has been completed on the North side of the North Tower lobby. This Event Center amenity features refined interior and exterior patio spaces for use by tenants in connection with their meetings and special events.
CNP offers the following benefits:
- Central Location - The heart of Downtown with immediate walkability to an abundance of restaurants/bars, health clubs, and residential living options.
- New CNP VIP Shuttles - Door-to-door pick up and drop off between Union Station and CNP curbside on Flower Street, as well as the court house district, LA Live and other DTLA amenities.
- Regional Transportation Hub - Regional transportation and Local DTLA bus stops at CNP curbside on Flower and Figueroa Streets; Metro Stations within 2 blocks.
- Efficient Floor Plate - The most efficient and flexible floor plate in the market which provides the Tenant the opportunity to realize savings in its annual occupancy costs in comparison to competitive buildings.
- On-Site Amenities
· Tenant Event Center and Garden
· Elegant Plaza featuring Nice Coffee Bar
· Chaya, Drago, City Club (including its state-of-the-art conference facilities)
· 505 Flower Retail Plaza (subterranean; 24 eateries and service providers)
- Parking Facilities - includes a total 3,273 Total Parking Spaces:
· Off-Site Plaza Parking Garage Annex: 2,485 parking spaces (includes 6 EV Charging Stations) currently at $300/unreserved/month
· On-Site Level C: 384 parking spaces (includes 3 EV Charging Stations) currently at $390/unreserved/month
· On-Site Level A: 404 parking spaces for visitors/guests (includes 3 EV Charging Stations)
