By effectively utilizing the original modular layout, the project creates 322 spacious studios and two-bedroom loft apartments. The units are arranged around two lightwells, and the existing historic corridors and doors are preserved. The original uniquely designed aluminum casement windows and sleek silver aluminum panels are distinguishing features of the building's bold International Corporate style facade. A rooftop pool and glassy gymnasium offer tenants special gathering spaces with spectacular views.
The building was designed by the noted architectural firm Wurdeman and Becket, the most prolific and professionally well-recognized practitioners of commercial architecture in the 1930s and 1940s. Containing half a million square feet, it was until 1949 the largest office building in Los Angeles. The Pegasus revives an important architectural landmark of the 1940s into a contemporary investment in the prosperity of downtown Los Angeles.
| Client: | KOR Group, Kennedy Wilson |
| Cost: | $30M |
| Area: | 13 floors, 322 units |
2004 Design Citation Award, Adaptive Reuse
AIA Los Angeles
2004 Preservation Award
Los Angeles Conservancy
2004 Rehabilitation & Adaptive Reuse
California Preservation Foundation
