Park Fifth Towers
in Los Angeles, United StatesCategory: Attraction
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532s S Olive St, Los Angeles, CA 90013, USA Print route »
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Park Fifth was a planned $1 billion double tower luxury residential high-rise condominium complex overlooking Pershing Square in Los Angeles.The skyscrapers were to be part of the revitalization boom in Downtown Los Angeles. Park Fifth 1 would have been a 732 residential unit tower, making it the taller of the two towers, and the tallest residential tower west of Chicago, at 76 stories and 250 m (820 ft). Park Fifth 2 would have been the shorter tower reaching 43 stories, both connected by a 15-story residential bridge. The Park Fifth project would have also included a five-star hotel. The hotel would have occupied the lower floors through the bridge area, and the condominium units in the 43-story tower would have been identified with the hotel brand and offered their residents and guests access to the hotel’s amenities and services.
The project was to stand at 5th and Olive streets on the site of the former Hazard's Pavilion, which was demolished to build Temple Auditorium, later renamed Clune's Auditorium, which was the historic home to the Los Angeles Philharmonic. It was demolished by developer David Houk in 1985 to make way for an office and hotel complex. The office boom of the '80s collapsed before Houk could build on the site. The site was to directly block the historic Subway Terminal Building, the original home of the Los Angeles Red Cars.
Amenities were rumored to include two rooftop pools, an observation deck on the 76-story tower, rooftop gardens on the 15th and 36th floors of the 43-story tower with built-in fire pits, fitness rooms in each tower, 20-seat theater viewing rooms, music and video libraries in each tower, and classrooms for wine tastings, cooking classes and other educational seminars.
