Gas Co. staying at iconic downtown skyscraper built to evoke a gas flame
Southern California Gas Co. is staying in the downtown Los Angeles skyscraper designed with the firm in mind.
The big utility is staying put in its signature Gas Co. Tower for the next 15 years. The 50-story skyscraper was designed by Pasadena architect Richard Keating with the gas company in mind — its tapered blue-glass crown is intended to evoke the image of a gas flame.
Real estate industry analysts had been watching to see whether the Gas Co. would bail out on troubled landlord MPG Office Trust Inc., formerly Maguire Properties Inc., and move its offices elsewhere.
Southern California Gas said Wednesday that it would keep its more than 1,300 employees in 350,000 square feet in the building at 555 W. Fifth St., where it has been the anchor tenant since the tower was completed in 1991. Read the full story here.
Photo credit: MPG office trust