| California Mart | |
|---|---|
 | |
| General information | |
| Type | Commercial |
| Location | Los Angeles, California |
| Completed | 1963; 1965; 1979 |
| Owner | David Lee |
| Technical details | |
| Floor count | 13 |
| Design and construction | |
| Architect | Norma Merrick Sklarek |
The California Mart, also known as California Market Center, are three high-rise buildings in Los Angeles, California, USA.
The buildings are located in the Fashion District of Downtown Los Angeles. [1] The main entrance is on Olympic Boulevard, between Main Street and Los Angeles Street. [1]
The California Mart was built for Harvey and Barney Morse, two brothers from New York City who started a clothing factory in Downtown Los Angeles in the early 1960s. [2] [3] [4]
The three 13-story buildings were designed in the modernist architectural style. [5] [6] [7]
The first building, located at the intersection of 9th Street and South Los Angeles Street, was completed in 1963. [5] It is 13-story high. [5] The second building, located on South Main Street, was completed in 1965. [6] The third building, located on Olympic Boulevard and Main Street, was completed in 1979. [7]
The buildings were owned by the Morse family until 1994, when it was foreclosed and acquired by the Equitable Life Assurance Co.. [2] They were listed for sale in 2000, [2] and they were acquired by the Hertz Investment Group, chaired by Judah Hertz. [8] In 2004–2005, the building complex was sold to the Jamison Group, owned by investor David Lee, for US$135 million. [9] [10] Brookfield purchased controlling interest from Jamison in 2017, for $440 million. [11] In November 2018 Brookfield unveiled renderings for a $170 million overhaul of the property. [12] [13]
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Coordinates: 34°02′26″N118°15′20″W / 34.040532°N 118.255427°W