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Atlantic Richfield Company built Arco Plaza in 1972-1973 as its world headquarters and the Southern California headquarters of Bank of America; John Follis and Associates did the signage; (Follis was also well-known as a designer for the Architectural Pottery Company); Shuwa Investment Corporation of Japan bought the 2.7 million-square-foot twin towers for $650 million in 1986, an enormous sum at the time. The complex was bought in January 2003 by Thomas Properties Group, headed by James A. Thomas; the south tower has 52 stories and is 699 feet in height;

Tel: (213) 489-0289;

In 1986, A.C. Martin and Associates designed the YMCA Main Building #2, known as the Stuart M. Ketchum Downtown YMCA, on top of the Arco Plaza parking garage. Thomas Properties announced $125 million renovation plan, July 2003. Changes would include: office renovations directed by the project's original architects, A.C. Martin Partners, extensive landscaping changes by Laurie Olin of Olin Partnership, two new restaurants to replace the lobbies facing Fifth and Sixth Streets, and new signage by Sussman/Prejza of Santa Monica. Additionally, retail spaces and special lighting have been added during this renovation; City National Bank of Beverly Hills announced its intention to lease 310,000 square feet in the Arco Plaza South Tower, in November 2003; the complex would be renamed City National Plaza in September 2005;

PCAD id: 148