Ground Breaking Held for 35-Story Downtown Tower

Mayor Tom Bradley, commercial realtor John C. Cushman III and officials of Manufacturers Real Estate, Toronto, attended a ground-breaking ceremony for the $200-million, 35-story 865 South Figueroa building.

Scheduled for completion in June, 1990, the 681,000-square-foot tower at the northwest corner of 9th and Figueroa streets will incorporate the landmark Original Pantry restaurant--on the site for more than 60 years--as part of the project.

Among the 75 people attending the Oct. 27 program were Sidney F. Dakin, vice president of Manufacturers Real Estate, and John Paton, the firm’s vice president of development.

“This will be our second major office building in the financial core of the downtown area,” Dakin said.

“Our first is the 392,000-square-foot ManuLife Plaza at 5th and Figueroa, which was completed in 1985.”

Cushman’s firm, Cushman Realty Corp., will handle leasing for the new building; the architect is Albert C. Martin & Associates, Los Angeles.