Bank of Italy Building (Los Angeles)

The Bank of Italy Building is a historic building in Los Angeles, California, USA, known for many years as Giannini Place.[2] It was converted to a hotel in 2018 and currently operates as Hotel Per La.

Bank of Italy Building
Giannini Place Building 2017.jpg
General information
Architectural styleNeoclassical
Location649 South Olive Street, Los Angeles, California, USA
Coordinates34°02′49″N 118°15′20″W / 34.04692°N 118.25568°W / 34.04692; -118.25568Coordinates: 34°02′49″N 118°15′20″W / 34.04692°N 118.25568°W / 34.04692; -118.25568
OwnerSydell Group
Technical details
Floor count12
Design and construction
Architect(s)Morgan, Walls & Clements[1]


The building is located on the corner of 7th Street and Olive Street in Downtown Los Angeles.[3][4]


The 12-story building was completed in 1922,[3] and it was dedicated in 1923.[4] It was built as the Los Angeles headquarters of the Bank of Italy, a forerunner to Bank of America founded by Amadeo Giannini.[4] It was designed by the architectural firm Morgan, Walls & Clements,[3] in the Neoclassical architectural style with "Doric columns, ornate golden ceiling and marble floors."[4] The bronze front doors are surrounded by terra cotta sculptures of American coins.[5]

It belonged to the Chetrit Group, until it was acquired by the Sydell Group for US$39 million.[4] From 2015 to 2017, the building was remodeled into the NoMad Los Angeles Hotel, with additional investments from billionaire Ronald Burkle.[4][6] The hotel opened in 2018,[7] but closed in 2020, due to the COVID-19 pandemic. It reopened in 2022 as the Hotel Per La.[8]


  1. ^ "Downtown L.A. Revival continues with remake of opulent Giannini building". Los Angeles Times. 16 April 2015.
  2. ^ "Checking in on DTLA's NoMad Hotel". 29 August 2017.
  3. ^ a b c "Giannini Place". Emporis. Archived from the original on March 4, 2016. Retrieved October 10, 2015.
  4. ^ a b c d e f Vincent, Roger (April 16, 2015). "Downtown L.A. revival continues with remake of opulent Giannini building". The Los Angeles Times. Retrieved October 10, 2015.
  5. ^ "strolling on 7th street: downtown's historic thoroughfare" (PDF). Los Angeles Conservancy. p. 3. Retrieved October 10, 2015.
  6. ^ Barragan, Bianca (April 16, 2015). "FiDi's Neglected and Beautiful Bank of Italy Building Becoming Another Hipster Hotel". Curbed. Retrieved October 10, 2015.
  7. ^ "The new Los Angeles NoMad Hotel officially opens for business January 21". 9 January 2018.
  8. ^ "Hotel per la to Open at the Former NoMad Hotel Site in Downtown Los Angeles".

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