The California Mart, also known as California Market Center, are three high-rise buildings in

Los Angeles Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...

California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...

, USA.

Location

The buildings are located in the Fashion District of

Downtown Los Angeles Downtown Los Angeles (DTLA) is the central business district of the city of Los Angeles. It is part of the Central Los Angeles region and covers a area. As of 2020, it contains over 500,000 jobs and has a population of roughly 85,000 residents ...

. The main entrance is on Olympic Boulevard, between Main Street and

Los Angeles Street Los Angeles Street, originally known as Calle de los Negros (Spanish for "Street of the Black eople) is a major thoroughfare in Downtown Los Angeles, California, dating back to the origins of the city as the Pueblo de Los Ángeles. Location The ...

History

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. The three 13-story buildings were designed in the modernist architectural style. The first building, located at the intersection of 9th Street and South Los Angeles Street, was completed in 1963. It is 13-story high. The second building, located on South Main Street, was completed in 1965. The third building, located on Olympic Boulevard and Main Street, was completed in 1979. The buildings were owned by the Morse family until 1994, when it was foreclosed and acquired by the Equitable Life Assurance Co. They were listed for sale in 2000, and they were acquired by the Hertz Investment Group, chaired by Judah Hertz. In 2004–2005, the building complex was sold to the Jamison Group, owned by investor David Lee, for US$135 million. Brookfield purchased controlling interest from Jamison in 2017, for $440 million. In November 2018 Brookfield unveiled renderings for a $170 million overhaul of the property.

References

Buildings and structures in Downtown Los Angeles Commercial buildings completed in 1963 Commercial buildings completed in 1965 Commercial buildings completed in 1979 Modernist architecture in California Skyscraper office buildings in Los Angeles {{LosAngeles-struct-stub