Built on a small site for a theater and seating only 900, it was designed in Renaissance Revival style with innovative French, Spanish, Moorish and Italian elements cast in terra cotta, according to the Los Angeles Conservancy.
Workers found rich gold and detailed bronze elements, as well as bright stone and ornate plaster work, Lee said.
Outside, Apple created a replica of the clock tower cap, which had been damaged and then removed following the 1971 Sylmar earthquake.
“It has a real sense of procession and dynamic theater as one circulates through the space,” he said.
It was the first of several movie palaces designed by Lee, who was also the architect of the elaborate Los Angeles Theater.
Retail building vacancies downtown nearly doubled to 4.4% in the second quarter, compared with the same period in 2020, CBRE said.
Although security keycard provider Kastle Systems estimates that offices in the Greater Los Angeles area were about 26% occupied by workers last week, Moore calculated office occupancy downtown at closer to 11% and said it may not spring back until after Labor Day, when many U.S.
The Cupertino, Calif.-based company has rapidly increased its presence in the Los Angeles area in recent years as its Apple TV+ became a competitor to other streaming entertainment services such as Netflix and Amazon Prime Video.
“You go there for connection, for entertainment, for cultural experiences in life,” said Lall, president of business advocacy group Central City Assn.