Bank of Italy Building | |
---|---|
General information | |
Architectural style | Neoclassical |
Location | 649 South Olive Street, Los Angeles, California, USA |
Coordinates | 34°02′49″N118°15′20″W / 34.04692°N 118.25568°W Coordinates: 34°02′49″N118°15′20″W / 34.04692°N 118.25568°W |
Completed | 1922 |
Cost | $34,000,000 |
Owner | Sydell Group |
Height | |
Roof | 194ft |
Technical details | |
Floor count | 12 |
Design and construction | |
Architect(s) | Morgan, Walls & Clements [1] |
The Bank of Italy Building is a historic building in Los Angeles, California, USA, known for many years as Giannini Place. [2] It was converted to a hotel in 2018 and currently operates as Hotel Per La.
The building is located on the corner of 7th Street and Olive Street in Downtown Los Angeles. [3] [4]
The 12-story building was completed in 1922, [3] and it was dedicated in 1923. [4] It was built as the Los Angeles headquarters of the Bank of Italy, a forerunner to Bank of America founded by Amadeo Giannini. [4] It was designed by the architectural firm Morgan, Walls & Clements, [3] in the Neoclassical architectural style with "Doric columns, ornate golden ceiling and marble floors." [4] The bronze front doors are surrounded by terra cotta sculptures of American coins. [5]
It belonged to the Chetrit Group, until it was acquired by the Sydell Group for US$39 million. [4] From 2015 to 2017, the building was remodeled into the NoMad Los Angeles Hotel, with additional investments from billionaire Ronald Burkle. [4] [6] The hotel opened in 2018, [7] but closed in 2020, due to the COVID-19 pandemic. It reopened in 2022 as the Hotel Per La. [8]
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