AKA: Coast Savings Bank, Main Office Building #2, Los Angeles, CA; Wedbush Morgan Securities, Main Office Building, Los Angeles, CA
Structure Type: built works - commercial buildings - office buildings; built works - commercial buildings - stores
Designers: Kohn Pedersen Fox (KPF), Architects (firm); Langdon, Wilson and Mumper, Architects (firm); Sheldon Fox (architect); A. Eugene Kohn (architect); Robert Earl Langdon Jr. (architect); Hans Mumper (architect); William Pedersen (architect); Ernest Clifford Wilson Jr. (architect)
Dates: constructed 1987
23 stories, total floor area: 476,450 sq. ft.
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,
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.
PCAD id: 182