Silverstein Properties is investing $60 million to upgrade and reposition the US Bank Tower in downtown Los Angeles.
The company plans to redesign the building's main entrance and lobby, add a new vista for tenants on the 54th floor that provides panoramic views of the city, as well as a full elevator modernization program.
It is also offering new amenities to tenants including a day-to-night juice and cocktail bar, a grab and go market, seating and collaboration areas. Building upgrades are set to begin in Summer 2021 and be completed by the end of 2022.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
