Rising signs KTGY Architecture at The Trust Building
KTGY Architecture + Planning (KTGY) has announced it will open new offices in downtown Los Angeles, relocating from the firm’s current Los Angeles offices in the Playa Vista area. KTGY will take approximately 15,730 square feet in The Trust Building, a landmark Art Deco historic office building built in 1928 and designed by famed Los Angeles architects John and Donald Parkinson at 433 S. Spring Street, owned and recently renovated by Rising Realty Partners (Rising) and Lionstone Investments.
KTGY anticipates moving in during the first quarter of 2020. It is the first tenant to lease space in the restored landmark.
“KTGY’s dynamic new environment at the Trust Building continues our commitment to architecture and planning for residential and mixed-use environments,” said David Senden, Principal and Board Member of KTGY Architecture + Planning. “This is a building brimming with both history and promise, where we will create a contemporary space that speaks to living and working in Los Angeles.”
Senden noted that the location of the beautifully restored Trust Building works strategically for KTGY clients in Downtown Core and surrounding area: With several Los Angeles projects competed and many more underway, the new space offers the opportunity to host industry gatherings and special events.
“The DTLA office will be a place devoted to innovation, and will be a central gathering place for the community of thinkers and creators in Los Angeles,” said Senden.
KTGY has provided architecture in Los Angeles and the greater area since 1991. Over the years, the firm has had Los Angeles offices in Santa Monica and Playa Vista, prior to this move to Downtown Los Angeles. In addition to the firm’s Los Angeles office, KTGY serves clients worldwide from offices located in Chicago, Denver, Irvine, Oakland, Pune (India) and Tysons.
“Our goal in restoring The Trust Building was to create a 21st century building that retains its historic character while providing positive technological, social, and environmental impacts to attract thoughtful, creative companies,” said Christopher Rising, Co-Founder and CEO of Rising. “We’re proud to welcome KTGY—a premier global architectural firm and ideal fit—in this iconic architectural space.”
KTGY’s new creative space in The Trust Building will express its role as one of the nation’s foremost residential and mixed-use design firms, combining design and technical excellence. KTGY’s 7th floor offices will feature outdoor deck space, open floor plan, employee kitchen, lounge and gathering area, as well as collaborative workspaces. The new office will accommodate approximately 60 employees.
Representing KTGY in the lease was Gary McArdell, CCIM senior vice president and principal of Lee & Associates’ Newport Beach office. The building is owned by Rising Realty Partners and Lionstone Investments who were represented By Mike Condon, Jr., Kelli Snyder, Peter B. Collins, Scott Menkus, and Brianna Demus of Cushman & Wakefield.
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About KTGY Architecture + Planning
Founded in 1991, KTGY Architecture + Planning is a leading full-service design firm focused on residential and mixed-use developments and neighborhood revitalization. KTGY seamlessly delivers innovation, artistry and attention to detail across multiple design studios, ensuring that clients and communities get the best the firm has to offer no matter the building type or location. KTGY’s architects and planners combine big picture opportunities, leading-edge sustainable practices and impeccable design standards to create memorable destinations of enduring value. See www.ktgy.com.
About the Trust Building
The Trust Building is a 340,000sf landmark Art Deco historic office building first opened in 1928 as the headquarters of Title Insurance & Trust Company. Designed by famed Los Angeles architects John and Donald Parkinson, The Trust Building is among the duo’s Art Deco masterpieces along with the Los Angeles Memorial Coliseum, Los Angeles City Hall, Bullocks Wilshire, and Title Guarantee and Trust Company Building. Designated a Historic Cultural Landmark (#772) in 2003, the building was known as the "Queen of Spring Street" and from 1989–93, housed the Los Angeles Central Library after a fire damaged the permanent location on Fifth Street.
Acquired by Rising Realty Partners and Lionstone Investments in 2016, the Trust Building has been transformed into a modern 21st century office building featuring ultra high speed fiber optic internet, valet parking, a full time concierge, private and common outdoor space and roof deck. Gensler is The Trust Building’s repositioning architect while Architectural Resources Group (ARG) is the preservation architect focusing on the restoration of the building exteriors and key character defining features.
About Rising Realty Partners
Rising Realty Partners is a family-owned, Los-Angeles based, vertically-integrated real estate investment and operating platform specializing in creating world-class commercial properties. With more than 4 million sf under management, Rising’s approach to real estate investing and operating focuses on advancing environmental, technological, and social impacts. For more information, please visit www.risingrp.com