Sep 20, 2019

Spring Street’s Revival Spreads to a Downtown Landmark: The Trust Building

Spring Street’s Revival Spreads to a Downtown Landmark The Trust Building thumb
A restored Art Deco-style office building in downtown Los Angeles' Historic Core on Spring Street, originally the headquarters of Title Insurance and Trust Co. in the 1920s, marks a milestone in the area's revitalization after years of urban decay and is expected to attract tourists, residents, and office workers.

The blocks of Spring Street south of City Hall lagged behind other parts of the Historic Core in downtown’s economic recovery of the last two decades.

But now the area is experiencing a burst of real estate development expected to bring tourists, residents and office workers to the neighborhood, long associated with urban decay.

In a milestone for downtown’s Historic Core, an office building designed in the 1920s by two of L.A.’s most prominent architects has been restored for duty on a recovering stretch of Spring Street a few blocks from City Hall.

The Art Deco-style tower opened in 1928 as the headquarters of the Title Insurance and Trust Co., one of the city’s biggest financial institutions in an era when Spring Street was hailed as the “Wall Street of the West.”

By the mid-1970s, however, the city’s top white-collar firms were moving closer to the Harbor Freeway and the Historic Core, the city’s original downtown, was going to seed. In 1977 a Times columnist lamented that with the title company’s pending departure, “the last of the great fiscal headquarters leaves Spring Street.”

In recent years the imposing structure, designed to signal prestige and power with its finishes of marble, brass and black walnut, has been used primarily as a filming location for period pieces and fantasies such as “Batman.”

Link to full articles:

Photo of the reception desk in The Trust Building lobby.
Photo of the reception desk in The Trust Building lobby.

Related Posts

The Real Market 13x7 - 1 Guest (1)
Feb 07, 2024
West7Center Partners With T5 Data Center Facility Management
Rising Realty Partners' data center asset, West7Center, has tapped T5 Data Centers as its facility management partner to deliver 100% uptime 100% of the time to West7Center Powered by T5's tenants and occupants.
The Real Market 13x7 - 1 Guest
Jan 17, 2024
Rising Realty Partners Acquires Industrial Portfolio in California’s Central Valley
Rising Realty Partners has acquired Central Valley Logistics Portfolio, expanding its footprint in the greater Sacramento region. Building on RRP’s nearby assets, the 531,308 square foot acquisition becomes the largest portfolio owned and managed by RRP.
Las Vegas
Sep 21, 2023
Rising Realty Partners Expands Footprint in Las Vegas
Rising Realty Partners acquires Northport Industrial Center, expanding its footprint in the Las Vegas market. Building on RRP’s nearby asset, the 127,312 square foot acquisition is the eighth MTLI property added to the company's portfolio.

Where you can find us

Rising Realty Partners

601 W 5th Street, Suite 215, Los Angeles, CA 90071