Ī distinctive feature of the building is its sail-shaped crown which is illuminated with LED lighting at night. They took over from Thomas Properties, which managed the early proposals, but which was replaced when the owners became dissatisfied with their approach. Martin Partners, oversaw the project and prepared the current design. The Los Angeles–based architectural firm, A.C. Originally envisioned as two towers, the taller of which would have been 1,250 feet (380 m) tall, the complex is now a single 1,100-foot (335 m), 73-story tower consisting of the 889-room InterContinental Los Angeles Downtown hotel, retail, observation deck and office space. Demolition of the original building began on October 23, 2012, and continued for over a year until November 21, 2013, when a bottoming-out ceremony was held in the 106-foot pit (32 m) excavated for the towers. The original hotel closed on December 31, 2011. It is also part of an urban development effort to revitalize the Figueroa Street corridor of downtown Los Angeles as a vibrant light-and-sign district, similar to New York's Times Square. Seeking to revive the Wilshire Grand as a landmark and icon of Los Angeles, chairman and CEO Cho Yang-ho of Hanjin Group conceived the idea of developing a new complex which would include the tallest building in Los Angeles, at 1,099 feet (335 m). Among the major events hosted, this included the 1952 Emmy Awards, the HQ for the 2006 Miss Universe Pageant. They changed the hotel's management and it became the Omni Los Angeles Hotel in 1995 and then later the Wilshire Grand Hotel in 1999. Korean Air purchased the Los Angeles Hilton from Reliance in 1989. Reliance Group later purchased the hotel in 1983 and invested $30 million in renovations. In 1968 Hilton completed a $2.5 million renovation of the hotel and renamed it the Los Angeles Hilton, and later the Los Angeles Hilton and Towers. In 1954, two years after its opening, Hilton Hotels & Resorts purchased the Statler Hotels chain, renaming the hotel the Statler Hilton in 1958. The hotel quickly became a landmark of downtown Los Angeles, and over its 59-year lifespan attracted famous guests including President John F. In 1950, the city of Los Angeles issued the largest single building permit at the time for the construction of the hotel, which cost over $15 million. The original Wilshire Grand Hotel opened in 1952 as the Hotel Statler, on the site of the new Wilshire Grand. The hotel features the tallest open-air bar in the Western Hemisphere. The Wilshire Grand Center includes 67,000 square feet (6,225 m 2) of retail, 677,000 square feet (62,895 m 2) of Class A office space, and the 889-room InterContinental Los Angeles Downtown. The development of the complex is estimated to cost $1.2 billion. The building is part of a mixed-use hotel, retail, observation decks, shopping mall, and office complex. It won the Structural Engineering Award 2019 Award of Excellence from the Council on Tall Buildings and Urban Habitat. The Skyscraper Center lists the Wilshire Grand Center as the 15th-tallest building in the U.S. Bank Tower is still 90 ft (27.4 m) above the Wilshire Grand's. Bank Tower by 82 ft (25 m), the roof of the U.S. Though the structural top (in this case, the spire) of the Wilshire Grand surpasses L.A.'s U.S. Completed in 2017, it is the tallest building west of Chicago. Wilshire Grand Center is a 1,100-foot (335.3 m) skyscraper in the financial district of downtown Los Angeles, California, occupying the entire city block between Wilshire Boulevard and 7th, Figueroa, and Francisco streets. Location in United States Show map of the United States
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