Monday, Bastille Day, is a logical day for ground-breaking ceremonies for the $75-million Home Savings of America Tower: The architecture of the 26-story building is derived from the style of the 16th-Century chateaux of the Loire Valley in France.
Designed by Albert C. Martin & Associates, Los Angeles, the building at the northeast corner of 7th and Figueroa streets in downtown Los Angeles is a development of Ahmanson Commercial Development Co., a wholly owned subsidiary of Home Savings of America. Home Savings of America is the principal subsidiary of H. F. Ahmanson & Co.
Sharing the same block with three historic buildings--the 1929 Barker Bros. building, the 1925 Fine Arts Building and Fire Station No. 28--the Home Savings tower was "designed with strong historical references to be compatible with the older Beaux Arts structures in the area," according to David C. Martin of the Martin firm.
The tower design features a richly detailed exterior in gabled marble and granite, with octagonal turrets at four corners. The base of the tower has three hues of marble and granite in horizontal bands.