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GreenC bot (talk | contribs) Reformat 1 archive link. Wayback Medic 2.5 per citations per WP:USURPURL and WP:JUDI |
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| image = PaulHastingsCityNationalTwinTowers.jpg
| caption = Paul Hastings and City National Towers
| alternate_names =
| former_names = {{ublist|ARCO Plaza (1972–2005)|ARCO Center|ARCO Plaza North Tower|ARCO Plaza South Tower|Atlantic Richfield Towers|Bank of America Tower}}
| location =
| address = 505-555 South Flower Street
| location_town = [[Los Angeles]]
| location_country = United States
| coordinates = {{coord|34.0508|-118.2569|region:US-CA|display=inline,title}}
| map_type = Los Angeles#California#USA
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| main_contractor = [[Robert E. McKee|Robert E. McKee, Inc.]]
| developer =
| owner = {{idp|
* [[CalPERS]]
* [[CommonWealth Partners]]
}}
| management = CommonWealth Partners
| website = {{URL|http://www.citynationalplaza.com/}}
| references = <ref>{{CTBUH|1396|Paul Hastings Tower}}</ref><ref>{{CTBUH|1395|City National Tower}}</ref><ref>{{Cite web |url=https://www.emporis.com/complex/102022 |archive-url=https://web.archive.org/web/20160307023809/https://www.emporis.com/complex/102022 |url-status=usurped |archive-date=March 7, 2016 |title=Emporis building complex ID 102022 |work=[[Emporis]]}}</ref><ref>{{Glass Steel and Stone|3634|City National Tower}}</ref><ref>{{Glass Steel and Stone|3656|Paul Hastings Tower}}</ref><ref>{{SkyscraperPage|2301|City National Tower}}</ref><ref>{{SkyscraperPage|2730|Paul Hastings Tower}}</ref><ref>{{Structurae|10000313}}</ref><ref>{{Cite news |last=Barragán |first=Bianca |title=TCW Group Will Vacate Downtown Namesake Skyscraper in Relocation Deal, Sources Say |date=2022-02-28 |url=https://www.bisnow.com/los-angeles/news/office/tcw-group-downtown-los-angeles-tower-city-national-plaza-112064 |access-date=2024-09-06 |work=[[Bisnow]] |language=en-US |url-status=live |archive-url=http://web.archive.org/web/20220301184325/https://www.bisnow.com/los-angeles/news/office/tcw-group-downtown-los-angeles-tower-city-national-plaza-112064 |archive-date=2022-03-01}}</ref>
}}
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Upon completion in 1972,<ref name="lat-1972oct01">{{cite news |url=https://www.proquest.com/docview/157158798 |title=L.A. Grows Up |newspaper=[[Los Angeles Times]] |date=October 1, 1972 |page=N33 |last=Weaver |first=John D. |url-access=subscription |quote=The latest additions to L.A.'s urban landscape are the twin 52-story towers of Atlantic Richfield Plaza--a mammoth, $188-million office complex and shopping center that rises on the same square block at Fifth and Flower where the old, gold-spired... |id={{ProQuest|157158798}} }}</ref> the ARCO Plaza towers were the tallest buildings in the city for one year before being overtaken by [[Aon Center (Los Angeles)|Aon Center]], and were the tallest twin towers in the world until the completion of the [[World Trade Center (1973-2001)|World Trade Center]] in [[New York City]]. The towers are the [[List of tallest twin buildings and structures in the world|tallest twin buildings in the United States]] outside of New York City, where the 55-floor [[Time Warner Center]] stands at {{convert|750|ft|abbr=on}}.{{Cn|date=November 2023}}
In 1986, joint owners ARCO and [[Bank of America]] sold the buildings to Shuwa Investments Corp., the American subsidiary of Shuwa Co. of [[Tokyo]], for $650 million while both remained tenants in their respective named towers.<ref name="lat-1986aug05">{{cite news |url=https://www.latimes.com/archives/la-xpm-1986-08-05-fi-1544-story.html |title=Arco, B of A Will Sell Twin Tower Complex in L.A. : Deal With U.S. Unit of Shuwa Co. in Japan Will Give Both Needed Cash |newspaper=[[Los Angeles Times]] |date=August 5, 1986 |first=John M. |last=Broder}}</ref> Shuwa later sold the property in 2003 to [[Thomas Properties Group]] and other investors for $270 million.<ref name="lat-2003jan18">{{cite news |url=https://www.latimes.com/archives/la-xpm-2003-jan-18-fi-arco18-story.html |title=Developer to Buy Arco Plaza: Once considered L.A.'s best corporate address, the complex is sold for $270 million, less than half its purchase price 16 years ago. |newspaper=[[Los Angeles Times]] |date=January 18, 2003 |first=Roger |last=Vincent}}</ref><ref name="lat-2003mar12">{{cite news |url=https://www.latimes.com/archives/la-xpm-2003-mar-12-fi-rup12.9-story.html |title=Thomas Properties Moves to Arco Plaza |newspaper=[[Los Angeles Times]] |date=March 12, 2003 |author=<!--Staff writer(s); no by-line.-->}}</ref><ref name="lat-2013jul22">{{cite news |url=https://www.latimes.com/business/la-xpm-2013-jul-22-la-fi-mo-thomas-properties-20130719-story.html |title=Thomas Properties angling to buy out CalSTRS in joint venture |newspaper=[[Los Angeles Times]] |date=July 22, 2013 |first=Roger |last=Vincent}}</ref>{{nu}}
The towers are constructed of steel frames covered with polished panels of forest green granite and panes of bronze glass. In 2016, the exterior of the top two floors and the service roof of The Paul Hastings Tower were modified on the north, east, and south flanks to house their upgraded headquarters and offices. This modification features silver trim and panes of light green glass panels.{{Cn|date=November 2023}}
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The ARCO Plaza complex was renamed City National Plaza in 2005,<ref name="bw-2004aug09">{{cite press release |url=http://www.businesswire.com/news/home/20040809005235/en/Thomas-Properties-Group-Signs-Law-Firm-Fulbright |title=Thomas Properties Group Signs Law Firm Fulbright & Jaworski at Arco Plaza |work=[[Business Wire]] |date=August 9, 2004 |author=<!--Staff writer(s); no by-line.-->}}</ref> and the south and north towers, respectively, were renamed '''City National Tower''' and '''Paul Hastings Tower'''.<ref>{{cite news|url=https://www.latimes.com/archives/la-xpm-2001-dec-14-fi-14660-story.html|title=Arco Tower to Become Paul Hastings Tower|newspaper=[[Los Angeles Times]]|first=Jesus|last=Sanchez |date= December 14, 2001|access-date=21 March 2017}}</ref> The low-rise building at the back of the plaza is known as the '''Jewel Box''', and is occupied by the [[Gensler]] architectural firm. Gensler moved from [[Santa Monica, California|Santa Monica]] to the Jewel Box in 2011.<ref>{{Cite web|url=https://www.latimes.com/la-xpm-2011-feb-04-la-fi-architects-20110204-story.html|title=Architecture firm Gensler to move from Santa Monica to downtown L.A.|date=2011-02-04|website=Los Angeles Times|language=en-US|access-date=2019-10-03}}</ref>
The plaza includes a monumental sculpture-fountain, ''[[Double Ascension]]'', by artist [[Herbert Bayer]].<ref>{{
==Tenants==
===
* [[Gensler]]—architecture firm.<ref>{{cite news | author=Roger Vincent | title=Architecture firm Gensler to move from Santa Monica to downtown L.A. | url=https://www.latimes.com/la-xpm-2011-feb-04-la-fi-architects-20110204-story.html | work=Los Angeles Times | date=February 4, 2011 | access-date=4 January 2013}}</ref>
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[[File:PaulHastingsTower.jpg|thumbnail|right|Photograph of the Paul Hastings Tower from ground level in October 2013]]
* [[Boston Consulting Group]]
* [[Crowell & Moring]]<ref>{{Cite web|url=https://www.crowell.com/
* [[BDO USA, P.C.]]
* [[RSM US]]
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==See also==
{{commons category|City National Plaza|<br/>City National Plaza}}▼
{{Portal|Greater Los Angeles}}
*[[Richfield Tower]]
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==External links==
*{{official website|http://www.citynationalplaza.com/}}
{{Buildings in Los Angeles timeline}}
[[Category:Skyscraper office buildings in Los Angeles]]
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