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Fox Plaza

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BUSINESS
March 26, 1997 | (Associated Press)
Fox Plaza, the Century City landmark known for tenants such as the Ronald Reagan Presidential Foundation and 20th Century Fox Film Corp., is for sale. The building, at 2121 Avenue of the Stars, is being sold in an effort to take advantage of the strong real estate market and the recent growth of Century City, said La Salle Partners of Chicago, which owns the 34-story building. "Fox Plaza has an irreplaceable location, an extremely high replacement cost and a preeminent tenant base," said Earl E.
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BUSINESS
December 8, 2001 | BRAD BERTON, SPECIAL TO THE TIMES
Century City law firm Jeffer Mangels, Butler & Marmaro has agreed to relocate from prestigious Fox Plaza tower to nearby 1900 Avenue of the Stars in a deal valued at about $35 million by market observers. Jeffer Mangels was one of Fox Plaza's original tenants when the building opened in the 1980s at Olympic Boulevard and Avenue of the Stars, but rents in the 34-story building are among the highest in Los Angeles.
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REAL ESTATE
February 1, 1987 | EVELYN De WOLFE, Times Staff Writer
The newly completed 34-story Fox Plaza office tower at Avenue of the Stars and Olympic Boulevard adds a distinctive profile to the Century City skyline. "We have a current 75% leasing commitment, with contracts valued at $176 million," said James H. Miller, senior vice president of Miller-Klutznick-Davis-Gray Co., the developer of Fox Plaza in joint venture with 20th Century Film Corp.
BUSINESS
July 25, 2000 | JESUS SANCHEZ, TIMES STAFF WRITER
The flash and frenzy of Los Angeles' Westside is far removed from the planned community Irvine Co. created in Orange County, but the company's agreement last week to buy a Century City skyscraper for more than $350 million is just the latest ambitious move outside its home turf. The record-breaking sum for Fox Plaza gives Irvine Co. a much higher profile on the Westside and continues its expansion beyond Orange County. In recent years, Irvine Co.
NEWS
July 18, 1991 | NANCY HILL-HOLTZMAN, TIMES STAFF WRITER
Fox Plaza in Century City is as big as it's supposed to be. That is the conclusion of Los Angeles Building and Safety Department officials who recently measured the Century City skyscraper. The officials were dispatched to the office tower at the request of City Councilman Zev Yaroslavsky, who was responding to suspicions by area homeowners that the office tower, used as the setting for the film "Die Hard," was overbuilt.
REAL ESTATE
September 20, 1987
The recently completed Fox Plaza office tower in Century City already has become an architectural focal point on the Westside. What makes the building at the southwest corner of the Avenue of the Stars and Olympic Boulevard stand out in addition to its not immodest 34 stories is its distinctive form and style.
REAL ESTATE
August 24, 1986
The law firm of Leff & Jensen has leased the 13th floor of Fox Plaza, a 34-story office tower under construction in Century City, according to the Mille-Klutznick-Davis-Gray Co., the developer. The 10-year lease, for about 21,500 square feet, is valued at about $6.7 million, the developer said.
REAL ESTATE
October 20, 1985
The 34-story, $200-million Fox Plaza office tower has been topped out in Century City. Completion is scheduled for fall, 1986. The Moderne-style tower is being developed by Miller-Klutznick-Davis-Gray Co., Denver, and 20th Century Fox Film Corp. Design is by R. Scott Johnson of Pereira Associates, Los Angeles.
REAL ESTATE
November 16, 1986
Six law firms have signed leases totaling more than $50 million in Fox Plaza, the 34-story Century City office building scheduled to open in December, according to James H. Miller, senior vice president of Miller-Klutznick-Davis-Gray Co., which is developing the project in a joint venture with 20th Century Fox Film Corp.
NEWS
January 23, 1992 | AARON BETSKY, SPECIAL TO THE TIMES. Aaron Betsky teaches and writes about architecture
It is hard to imagine that a speculative office tower could actually be a good building, but Fox Plaza is an exception. This 34-story-high stack of lawyers' offices and film company suites is one of the strongest, best-sited and most successfully proportioned buildings on the Los Angeles skyline.
BUSINESS
March 11, 2000 | BRAD BERTON, SPECIAL TO THE TIMES
Through one of the biggest office lease transactions in Los Angeles history, Fox Entertainment Group Inc. will stay put at the landmark Fox Plaza in Century City--at least for 15 more years. Media tycoon Rupert Murdoch's Fox team is consolidating various lease arrangements in the building totaling more than 315,000 square feet through a transaction said to be valued at more than $250 million--pretty close to what billionaire investor Marvin Davis paid for the building 28 months ago.
BUSINESS
November 13, 1997 | MELINDA FULMER, SPECIAL TO THE TIMES
Billionaire financier Marvin Davis, one of the original developers of Fox Plaza in Century City, has repurchased the tony 34-story building for $253 million, one of the highest prices paid for an office building in Southern California in recent years. "We have a lot of confidence in the Los Angeles economy, the Westside in particular," said Michael Colleran, an executive vice president for Davis Cos. "Everybody in the area seems to be growing in size and increasing employment."
BUSINESS
November 12, 1997
Two Los Angeles law firms have signed some of the biggest leases on the Westside this year. Christensen, Miller, Fink, Jacobs, Glaser, Weil & Shapiro, which claims celebrity attorney Robert Shapiro as a partner, has renewed its lease at Fox Plaza on Avenue of the Stars. The practice signed an 11-year lease worth more than $30 million, according to Gary Weiss of the West Los Angeles office of Julien J. Studley, who represented the law firm in the deal.
BUSINESS
March 26, 1997 | (Associated Press)
Fox Plaza, the Century City landmark known for tenants such as the Ronald Reagan Presidential Foundation and 20th Century Fox Film Corp., is for sale. The building, at 2121 Avenue of the Stars, is being sold in an effort to take advantage of the strong real estate market and the recent growth of Century City, said La Salle Partners of Chicago, which owns the 34-story building. "Fox Plaza has an irreplaceable location, an extremely high replacement cost and a preeminent tenant base," said Earl E.
CALIFORNIA | LOCAL
November 26, 1992
A controversy sparked by the planned expansion of Fox Studios in Century City has centered on how much traffic congestion would result from building additional offices there. But that concern need not undermine a project that would mean badly needed jobs and tax revenues for Los Angeles. A reasonable solution shouldn't be too hard to find.
NEWS
February 27, 1992
I am writing in response to your "Letters" column of Feb. 16, headlined "Fox's Expansion Plans Continue to Draw Criticism." Indeed, Fox continues to draw criticism, but from the same group of individuals who have opposed Fox from the day it announced it preferred to keep and expand its studio in Century City rather than replace it with condominiums. Eleven years ago, when Fox planned to phase out its studio, the city eliminated 5 million square feet of commercial development rights from its property.
BUSINESS
August 4, 1988 | BRUCE KEPPEL, Times Staff Writer
The salmon-colored Moderne-style Fox Plaza, extending 34 stories above the 20th Century Fox lot at Avenue of the Stars and Olympic Boulevard, has been sold to LaSalle Partners Ltd., a commercial real estate services firm headquartered in Chicago. The seller is Studio Properties, an affiliate of 20th Century Fox, according to Jim Gallagher, a vice president in the Los Angeles office of LaSalle Advisers, a subsidiary that manages pension funds and endowments.
NEWS
February 16, 1992
Councilman Zev Yaroslavsky seriously underestimates his constituents' opposition to the Fox office park project and misrepresents my role in the Feb. 1 protest by 200 Cheviot residents. The protest was organized by Leslie Johnson and her Cheviot Hills Outreach Committee, not I. My role was as one of 19 representatives of Westside community organizations, including the 59-member Hillside Federation, lending support to the Cheviot community. But then Yaroslavsky did not even send a representative to observe the meeting, so he would not know how broad-based opposition is to Fox's office park proposal.
NEWS
January 23, 1992 | AARON BETSKY, SPECIAL TO THE TIMES. Aaron Betsky teaches and writes about architecture
It is hard to imagine that a speculative office tower could actually be a good building, but Fox Plaza is an exception. This 34-story-high stack of lawyers' offices and film company suites is one of the strongest, best-sited and most successfully proportioned buildings on the Los Angeles skyline.
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