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LA Skyscraper Wants to Raise the Steaks With Top-Floor Restaurant

Owner Seeking To Create International Dining Destination in US Bank Tower
May 11, 2018
It has been said that everyone in Los Angeles has their head in the clouds. Angelenos may soon be able to dine in them, too.

U.S. Bank Tower, the second-tallest building in L.A. and the third-tallest in California, is looking for a restaurant to open on its top floor - more than 1,000 feet in the sky. Singapore-based owner OUE Limited has hired Kennedy Wilson Holdings Inc. to find a national or international restaurant interested in leasing the 72nd floor of the high-rise.

The new eatery would be able to boast of being at the highest elevation of any restaurant in Los Angeles, rising higher than even the restaurants near the top of Korean Air's Wilshire Grand tower, according to Kennedy Wilson.

The restaurant would span the entire 8,000 square-foot floorplate and offer 360-degree views of Los Angeles.

The idea was inspired by the success of restaurant 71 Above on the 71st floor of the building and other top penthouse restaurants in cities such as New York and Chicago.

"The anticipation is we will attract a high-end restaurant or restaurateur that brings a very elevated decor and elevated service," said Lee Shapiro, executive vice president of Kennedy Wilson, who is representing the landlord.

OUE has invested in renovations and upgrades since purchasing the building at 633 W. Fifth St. in 2013. Among its most well-known improvements is the terrifyingly beloved glass-clad sky slide that protrudes from the building and allows the rider to slide from the 70th to the 69th floor. Other improvements include Skyspace observation deck and event space, a digital art wall in the lobby, and the acclaimed restaurant 71 Above.

The 72nd floor was previously used as the chairman’s suite but is now hollowed out and ready for a restaurant. Shapiro says infrastructure such as plumbing and venting are already in place for an industrial-size kitchen.

Kennedy Wilson is also listing the 15,000-square-foot third floor, which overlooks the Bunker Hill Steps and sits directly above the lobby, for a flagship restaurant or retailer.

Jacquelyn Ryan, Los Angeles Market Reporter  CoStar Group   
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