FOCUS: UNION BANK SQUARE
Built in the 1960s, Union Bank Square is undergoing a $12-million renovation, which includes landscaping and upgraded public lobbies. The main plaza area will feature a garden surrounding a water sculpture. The project team for the renovation includes Langdon Wilson as architect and Turner Construction as general contractor. Union Bank and Pacific Bell, the two major tenants, occupy more than half of the complex’s 395,000 square feet. FACTS AND FIGURES Address: 500 S. Main St., Orange Owner: 500 South Main Street Associates Architect: Langdon Wilson Architecture Planning, Newport Beach Contractor: Turner Construction Leasing Agent: Tracco Management Corp. Number of floors: One 6-story building and two 12-story buildings Square feet: 395,000 Use: Office Renovation cost: $12 million Date completed: Fall, 1990 Percentage of building leased: 75% Parking capacity: 4 per 1,000 square feet Rental cost per square foot: $1.50 MAJOR TENANTS Square feet Pacific Bell: About 158,000 Union Bank: About 51,300 Source: Boonshaft-Lewis & Savitch
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