S. Jon Kreedman
| S. Jon Kreedman | |
|---|---|
| Born | 1921 Detroit, Michigan, U.S. |
| Died | November 5, 1999 Los Angeles, California, U.S. |
| Occupation | Real estate developer, banker, philanthropist |
| Political party | Democratic Party |
| Spouse(s) | Thelma Kreedman (divorced) Marlene Kreedman |
| Children | 1 son, 1 daughter |
S. Jon Kreedman (1921-1999) was an American real estate developer, banker and philanthropist.
S. Jon Kreedman was born circa 1921 in Detroit, Michigan. His father was a carpenter-turned-real estate developer. He moved to Los Angeles, California in 1941, and he served in the United States Army during World War II.
Kreedman began his career by working for his father at the age of 15, first as a carpenter and later as a builder. He later worked for a construction firm. In 1948, he founded his own real estate development company, S. Jon Kreedman & Co., a real estate development company headquartered in Beverly Hills, California.
Kreedman began by building tract homes in Los Angeles, California. He subsequently moved on to commercial buildings. He built the Brierwood Terrace-Valley Convalescent Hospital in Encino, California in 1958; its construction cost more than US$50,000. In 1959, he purchased the Plush Horse Restaurant at 1700 South Pacific Coast Highway in Redondo Beach, California from Harold Gelber with two Chicago investors to build a new resort; it became known as the Plush Horse Inn in 1961. Meanwhile, he acquired the Hotel Alexandria in Downtown Los Angeles in 1961, only to restore it in 1970. Kreedman built the United California Bank Building on the corner of Wilshire Boulevard and Camden Drive in Beverly Hills, but its foundation wall collapsed because of the underground parking lot in 1961. By 1962, he controlled US$50 million of real estate. He built the One Wilshire in Downtown Los Angeles in 1966. In 1973, he converted The Century Towers in Century City from luxury rentals to condominiums.
Kreedman had an option on "50 retail stores and 12 parking lots" in Westwood owned by Arnold Kirkeby, which he sold to investors M. A. Borenstein, Bernard M. Silbert and Harvey Silbert in 1961.
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