Constellation Place
| Constellation Place | |
|---|---|
 |
|
| General information | |
| Status | Complete |
| Type | Commercial Offices |
| Architectural style | Modernism |
| Location | 10250 Constellation Boulevard Century City, Los Angeles, California |
| Coordinates | 34°03′26″N 118°25′03″W / 34.0571°N 118.4174°WCoordinates: 34°03′26″N 118°25′03″W / 34.0571°N 118.4174°W |
| Construction started | 2001 |
| Completed | 2003 |
| Cost | US$150 million |
| Owner | JMB Realty |
| Height | |
| Roof | 149.5 m (490 ft) |
| Technical details | |
| Floor count | 35 |
| Floor area | 63,032 m2 (678,470 sq ft) |
| Lifts/elevators | 23 |
| Design and construction | |
| Architect | Johnson Fain Partners |
| Structural engineer | Wong Hobach Lau |
| Main contractor | Hathaway Dinwiddie |
| References | |
Constellation Place (formerly MGM Tower) is a 35-story, 492-foot (150 m) skyscraper in the Los Angeles, California community of Century City. It houses the headquarters of Houlihan Lokey, ICM Partners, and International Lease Finance Corporation (ILFC).
It once housed the corporate headquarters of Metro-Goldwyn-Mayer (MGM), but MGM moved to Beverly Hills, California after August 19, 2011.
Constellation Place was constructed from 2001 to 2003. It is 26th-tallest building in Los Angeles, and the 5th-tallest in Century City. It was the first high-rise to be completed in the 21st century in Los Angeles. The building was designed by Johnson Fain Partners, and has 700,000 sq ft (65,000 m2) of Class A office space.
Before August 19, 2011, the headquarters were in the MGM Tower in Century City, Los Angeles. Halfway through the design building process of what would become the MGM Tower, MGM agreed to be the lead tenant. In 2000 MGM announced that it was moving its headquarters to a newly constructed building in Century City. The building opened in 2003.
In 2010, as MGM emerged from bankruptcy protection, it announced that it planned to move the headquarters to Beverly Hills, California so the company could remove around $5 billion in debt. The lease in Century City was scheduled to expire in 2018. Vincent and Eller said that MGM's per square foot monthly rent would be far lower in the Beverly Hills building than in the MGM Tower. Larry Kozmont, a real estate consultant not involved in the move, said "It's a prudent move for them. Downsizing and relocating to a space that is still prominent but not overly ostentatious and burdened by expenses is fundamental for their survival."
The ILFC has its headquarters on the top two floors of the building, with 170 employees as of 2007. The CEO's penthouse office has a working fireplace.
Alex Yemenidjian, a former chairperson and chief executive of MGM, devised the headquarters space. Roger Vincent and Claudia Eller of the Los Angeles Times said that "Yemenidjian spared no expense in building out the studio's space with such Las Vegas-style flourishes as towering marble pillars and a grand spiral staircase lined with a wall of awards."
...
Wikipedia