The Historic Core is a neighborhood in Downtown Los Angeles between Hill and Main streets on the west and east, and 3rd and 9th streets on the north and south. The district overlaps with the Jewelry District on its western end and Skid Row on its eastern end.
The Historic Core was the center of the city before World War II. With the general decline of downtown after World War II, and the movement of all financial institutions several blocks to the west, ending up on Figueroa Street, Flower Street, and Grand Avenue, the area suffered. This came with the abandonment of Downtown by middle and upper income residents occurring in Downtown Los Angeles at the time.
In 1999, the Los Angeles City Council passed an Adaptive Re-Use Ordinance, allowing for the conversion of old, unused office buildings to apartments or lofts. Developer Tom Gilmore purchased a series of century-old buildings and converted them into lofts near Main and Spring streets, a development now known as the Old Bank District. Other notable redevelopment projects in the Historic Core have included the Higgins Building, The Security Building, the Pacific Electric Building, The Judson, and the former Subway Terminal Building, now known as Metro 417.
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The Pan American Building is the second oldest building in downtown Los Angeles, right behind the Bradbury Building which sits across the street. It was constructed in 1895 by architect Sumner Hunt. It was originally called the Irvine Block. It was built as an office building and, when it was built, was only the second office building in the area. #panamerican #lofts #building #dtla
Located on the corner of 3rd Street and Broadway across from the Million Dollar Theatre the Pan American Lofts Building was Designed by Sumner Hunt and built in 1895 , it is notable for its Spanish Colonial Beaux Arts architecture that is denoted by it’s complex terracotta embellishments, entry way arch and large windows.
Converted: Urban Pacific Builders , Donald Barany Architects — 2007
The Pan American was formerly called the Irvine Byrne Block Building and was home to the Mexican Consulate during World War II .
In the heart of Los Angeles’ historic Old Bank district, near the Civic Center and Bunker Hill, the Pan American Lofts provide a unique kind of live-work space for Downtowners.
Unit amenities include:
exotic bamboo flooring (select units)
original exposed brick and concrete walls
12-foot to 17-foot interior ceilings
huge floor-to-ceiling windows
high-end stainless steel appliances
juliette balconies/private decks (select units)
Porcher bathroom fixtures and vanity
Hansgrohe kitchen faucet
The Pan American Lofts feature 40 stylish condominium loft residences (658-1248 square feet), including ten 2-level penthouse lofts with internal mezzanines and private rooftop terraces.
With stylish, modern interiors, the Pan American Lofts boast bamboo floors (select units), original exposed brick and concrete walls, 12′ to 17′ ceiling height, copious windows and natural light, high-end stainless steel appliances, controlled-access underground parking, interior courtyard, juliette balconies or private decks (select units).
The halls and stupendous staircase have been immortalized in many of Alfred Hitchcock’s movies, Brad Pitt’s “Se7en”, “Fight Club”, “Blade Runner”, along with numerous TV shows and commercials alike .
In 2004, Long Beach based developer Urban Pacific Builders undertook a $20 million transformation of the Irvine Byrne building. A new roof was installed, the garage ceiling was heightened, and a new elevator shaft was built. The rows of offices were transformed into chic, spacious loft units, each with 12′ to 17′ high ceilings, and floor-to-ceiling windows offering timeless views of the Downtown landscape. Loft residences are adorned with original exposed brick and concrete walls, plentiful natural light, high end stainless steel appliances. With it’s ideal location in the Old Bank District of The Historic Core, walking distance to everything downtown has to offer, including the upcoming renovations of Grand Avenue, Urban Pacific has created an establishment that cannot be replicated.
The project’s development team granted a Historic Facade Preservation Easement to the Los Angeles Conservancy to ensure that this unique architectural gem will be preserved. In return for helping to preserve a piece of history, homeowners may be able to claim a charitable deduction from their income taxes. Please consult your tax adviser or accountant for possible tax savings .
THE BUILDER – URBAN PACIFIC
Urban Pacific Builder , LLC ( “UPB” ) is a Long Beach based real estate development company, focused on providing urban housing through the development of adaptive reuse, in-fill, and affordable housing communities in the Southern California marketplace. UPB’s managing partners are experienced industry professionals that have worked across the spectrum of residential housing development and construction .
