Fifth Street Store Building

The Fifth Street Store building, also known as Shybary Grand Lofts, is a historic eleven-story highrise located at 501-515 S. Broadway and 302-312 W. 5th Street in the Jewelry [District (Los Angeles)|Jewelry District] and Broadway [Theater District (Los Angeles)|Broadway Theater District] in the Historic [Core, Los Angeles|historic core] of downtown Los Angeles.

History

's Fifth Street Store Building was designed by Alexander Curlett and built by Milliron's in 1927. In the building's early years, it was home to a department store that repeatedly changed its name, including Walker's, Fifth Street Store, Walker's Fifth Street Store, and in 1946 it changed to Milliron's. A $300,000 renovation was done in 1946 as well.
In 1952, Ohrbach bought Milliron's, after which they performed a $1 million Welton Beckett-designed modernization on this building. Ohrbach's moved into the building the following year and in 1959, the company sold the building to Starrett Corp. for $2.8 million.
In 1979, the Broadway Theater and Commercial District was added to the National Register of Historic Places, with Fifth Street Store listed as a contributing property in the district.
The building was converted to residential in 2006.

The Fifth Street Store building was built on a steel frame with brick filler walls and concrete floors, and also features a brick and terra cotta facade. The building was built to the height limit in place in Los Angeles at the time it was constructed.