The Los Angeles City Council granted historic-cultural monument status to two former Los Angeles Times buildings in downtown Los Angeles on Wednesday — rejecting a bid by preservationists to include a third structure standing in the path of a proposed real estate development.
The unanimous decision removed a potential hurdle to developer Onni Group’s plan to redevelop the block near City Hall formerly known as Times Mirror Square with high-rise apartment towers over stores and restaurants.
Two Art Deco-style buildings completed in the 1930s and 1940s, which included the paper’s newsroom, were designated historic-cultural monuments, which grants them some protections from demolition, but they are not currently considered endangered.
Onni, a Vancouver, Canada, real estate company, has invested hundreds of millions of dollars in the county in recent years though acquisitions and development, mostly in downtown L.A. Among its holdings are high-rise apartment towers and historic office buildings.
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