Robert maguire los angeles

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It is mandatory to procure user consent prior to running these cookies on your website. Email Address. First Name. Last Name. Subscribe You are now subscribed. Maguire and his team hoped to follow that up with another major office complex across Grand Avenue, but lost out when the city selected another developer to build what is now California Plaza. Bank Tower in and another skyscraper nearby called Gas Company Tower in The buildings were part of a plan Maguire helped develop to help save Central Library, which opened in and was in danger of demolition because it was obsolete and then badly damaged in an arson fire in As the volunteer president of the Los Angeles County Museum of Art, Maguire helped stabilize its finances by crafting a deal with county officials to make fixed annual payments to the museum instead of negotiating for their support every year.

He also expanded the LACMA campus by convincing the county and museum board to purchase the adjacent eight-acre May Company site at a price he negotiated. Other developers went on to build Playa Vista as a planned community.

Borrowing money for the heavily leveraged purchase was fairly easy at the time, when capital markets were still flush with cash.

Soon the economy turned, leaving Maguire and other landlords to struggle with high vacancy and falling rents. Maguire will best be recalled for helping make Los Angeles look like a big city, though, Thomas said. Russian-backed hackers are targeting cloud services, Microsoft says. A six-figure side hustle with no overhead? Research is the key.

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