Terpene

Bank of Italy Building
Map
General information
Architectural styleNeoclassical
Location649 South Olive Street, Los Angeles, California, United States
Coordinates34°02′49″N 118°15′20″W / 34.04692°N 118.25568°W / 34.04692; -118.25568
Completed1922
Cost$34,000,000
OwnerSydell Group
Height
Roof194ft
Technical details
Floor count12
Design and construction
Architect(s)Morgan, Walls & Clements[1]

The Bank of Italy Building is a historic building in Los Angeles, California, United States, known for many years as Giannini Place.[2] It was converted to a hotel in 2018 and currently operates as Hotel Per La.

Location[edit]

The building is located on the corner of 7th Street and Olive Street in Downtown Los Angeles.[3][4]

History[edit]

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]

References[edit]

External links[edit]

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