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CRA Downtown Office Making Short Move to Pershing Square Building

By Eric Richardson
Published: Tuesday, April 20, 2010, at 03:43PM
Pershing Square Building Eric Richardson [Flickr]

A crane is used to erect steel atop the Pershing Square building for a rooftop bar and restaurant (September 2008).

CRA's Downtown office is on the move. The redevelopment agency's Downtown region last week got board approval to take over the 12th floor of the Pershing Square building at 5th and Hill, just a few blocks away from the home it now shares with the agency's central office.

The central office is slated to move to the west edge of Downtown, where it will occupy nearly 100,000 square feet in the Garland Center at 1200 W. 7th.

Redevelopment agency rules require that region offices be located inside a project area, so the Downtown region office was ineligible to follow its agency parent. In a report presented to the board last week, staff told the board that six buildings were considered for the office's new home. They included the Pershing Square Building (448 S. Hill), the Standard Oil Building (605 W. Olympic), the Washington Building (311 S. Spring), 1100 S. Flower, the Kajima Building (250 E. 1st) and the agency's current home in the Banco Popular Building (354 S. Spring).

The new space should be ready for occupancy as of August 1. Including landlord concessions, the office will be paying $1.66 per square foot per month. The office is sized to house up to 27 staff and six interns.

The office will be well-situated for agency staffers looking to go out after work. Building owner Jeffrey Fish is behind plans to open a rooftop restaurant and bar atop the 1914 structure, and a basement jazz bar and ground floor restaurant could follow.

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