13-Story Allstate Plaza Tops Out in Glendale
What may soon be another business landmark for Glendale has been topped out with the placing of the last of 2,500 pieces of structural steel weighing more than 150 tons that provide the skeleton of Allstate Plaza office tower.
Adjacent to Sears Savings Plaza at the northern portion of Glendale’s Central Business District, the 13-story Allstate Plaza structure will provide about 270,000 square feet of rentable space. The project is a $40-million undertaking of Allstate Insurance Co.
The design, by Neptune & Thomas Associates, will create the only granite-clad office building in the city of Glendale, and according to the architect, this kind of exterior is usually associated with high-grade institutional projects.
Allstate Plaza will be the only local institutional office building to provide elevator service from three levels of subterranean parking to the office tower. It will be connected to the existing Sears Savings Plaza office towers by a spacious 70,000-square-foot plaza featuring six moving waterscapes and numerous benched areas in a landscaped setting.
Allstate Plaza’s focal point of interest will be a three-story atrium lobby leading from the public plaza area.
Harris Jackson, Allstate real estate manager, expressed his firm’s outlook on the anticipated success of 801 North Brand. “We feel stimulated by the present 10% vacancy in the Glendale office market base of about 2 million square feet, and it is possible that pent-up demand will exhaust Glendale’s supply of new prime office space sometime this year.
Jackson emphasized that the new development represents a recommitment by the Sears Co. to the Glendale office market and comes after a successful development of the Sears Savings Plaza in 1980.
Coldwell Banker Real Estate Services has been selected to lease the project, which is designed to accommodate office users from 1,000 to 22,100 square feet on a floor.
Dillingham Construction, the project’s general contractor, expects occupancy on the 95.6% efficient floors by January, 1987.
