Photo by Brian Addison.

If you have ever stood at the corner of 1st and Pine, you most likely immediately noticed 110 Pine Avenue; home to The Federal Bar and former home to the Security Pacific National Bank, the brick-and-stone structure is one of Downtown’s most iconic buildings.

SecurityBankSoon, should the Planning Commission approve the project, you will be able to live in the historic building that was built in 1924.

Headed by David Takacs of David Takacs Architecture—who just unveiled his planned 32-story condo tower across from Downtown LA’s Ace Hotel yesterday—the project will take the Beaux Arts structure and convert the space above Fed Bar (floors 3 through 13) into 118 condominiums.

Typically, this structure would require 148 parking spaces; one for each unit and one guest spot for every four units. However, the Downtown Plan actually incentivizes developers approaching historic buildings by negating the creation of additional parking spaces should the ground floor be converted to commercial use. Off-site parking (150 spaces) will be available next door at Buffums Autoport (also a historic landmark).

Fed Bar, meanwhile, will continue to operate separately, including its use of the underground space.

According to the proposal, some modest alterations will be made to the building’s exterior, including replacing the single-panel windows with clear-glazed, fixed panels and anodized aluminum frames. Additionally, a portion of the north side’s roof will be removed to make way for a community patio for occupants.

The Cultural Heritage Commission, the City organization set to oversee historic landmarks throughout Long Beach, reviewed the changes earlier this month but ultimately pushed the item to their September 8 meeting for final approval.

The project will face the Planning Commission this Thursday, August 21.

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