Ace Hotel Los Angeles: A Look Back At Downtown LA's Iconic Stay

For a good while, the Ace Hotel Los Angeles stood as a really significant spot in the heart of downtown LA. It was more than just a place to sleep; it was, in a way, a whole experience that truly captured the feeling of the city's lively and creative energy. This hotel, you see, became a very recognizable part of the downtown scene, drawing people in with its unique charm and its connection to the area's ongoing story. It's almost like it was a character itself, playing a big part in how downtown Los Angeles changed over a decade.

The hotel, actually known as the Ace Hotel Downtown Los Angeles, first opened its doors early in 2014. It found its home inside the historic United Artists building, a place that was already, you know, ornate, storied, and very vibrant. This particular building had gone through a complete restoration and a big renovation to become what was then a luxury boutique hotel. So, it wasn't just a new building; it was an old one given a fresh, modern purpose, which is pretty cool.

Its presence there, you could say, played a part in the revitalization of downtown LA. When it first opened, the area was, in some respects, starting to really come alive again, and the Ace Hotel was right there, helping to lead that economic revival on a historic stretch of Broadway. It spent about a decade there, becoming a fixture and a point of interest for both locals and visitors alike, more or less shaping perceptions of the area.

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Table of Contents

• The Grand Opening and Early Days
• A Building with a Past: The United Artists Theatre
• What the Hotel Offered
• Changing Hands: The Business Side
• The Closure and Its Impact
• A Decade-Long Run Concludes
• A New Chapter: The Building's Rebirth
• The Ace Hotel's Lasting Legacy in Downtown LA
• Frequently Asked Questions About Ace Hotel Los Angeles

The Grand Opening and Early Days

The Ace Hotel Downtown Los Angeles, as a matter of fact, officially welcomed guests on January 16, 2014. This was a moment that many people in the city, you know, had been waiting for. The idea was to create a place that felt both new and connected to the rich history of its location. It was a rather ambitious project, taking a very old and significant structure and giving it a completely different kind of life as a modern lodging spot.

A Building with a Past: The United Artists Theatre

The building itself, the historic United Artists building, was already a true gem in Los Angeles. It's an ornate, storied, and quite vibrant structure, really, with a lot of history woven into its walls. The decision to completely restore and renovate this particular building to house a luxury boutique hotel, which became the Ace Hotel Downtown Los Angeles, was a big one. It meant preserving the character of the old while introducing something very fresh and contemporary, a rather interesting blend.

This careful restoration, actually, allowed the building's unique architectural details to shine once more. People who visited could see the intricate designs and feel the weight of its past, all while enjoying the comforts of a modern hotel. It was, in a way, a respectful nod to what the building once was, while also looking forward to what it could be for the city's future, a pretty clever approach.

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What the Hotel Offered

When it opened, the Ace Hotel Downtown Los Angeles wasn't just about the rooms. It was, you know, a whole complex of offerings designed to give guests a complete experience. The hotel featured 182 guest rooms, each with its own style, meant to feel both comfortable and cool. But the amenities extended far beyond just a place to sleep, which was a big part of its appeal.

For instance, there was a pool, a place where guests could relax and take a break from the busy city. Then, there was a restaurant, offering various dining options, and three distinct bars, each with its own atmosphere. These spots quickly became popular, not just with hotel guests, but also with people living in the area, adding to the hotel's lively vibe. And of course, a very significant part of the property was the restored theatre. This theatre, a grand space, became a venue for performances and events, further cementing the hotel's role as a cultural hub in downtown LA, drawing in diverse crowds.

Changing Hands: The Business Side

Just months after its grand opening, a rather interesting development occurred on the business side of things. In December 2014, Greenfield Partners, who were involved with the building, decided to put it up for sale. They were, you know, seeking a sale price of about $100 million, which for a property that had just undergone such a significant renovation, was a pretty substantial figure. This move, you know, indicated the perceived value of the building and its location in a rapidly changing downtown.

Then, in May 2015, the building did indeed find a new owner. Chesapeake Lodging Trust bought the property for $103 million, slightly more than the initial asking price. This acquisition, you see, highlighted the growing interest and investment in downtown Los Angeles at that time. It showed that big companies saw the potential in the area and in properties like the Ace Hotel, which had become a symbol of the area's resurgence. The sale was, in a way, a vote of confidence in the future of downtown LA as a destination.

The Closure and Its Impact

After nearly a decade of being a very recognizable property in downtown Los Angeles, the Ace Hotel announced a significant change. The hotel, which had helped lead an economic revival on a historic stretch of Broadway, was going to close its doors. This news, actually, came as a surprise to many who had come to appreciate its presence and what it represented for the area. It marked the end of an era for a place that had become a popular gathering spot.

The announcement, which was shared in an Instagram post, confirmed that the Ace Hotel in downtown Los Angeles would be closing its doors for good at the end of January. This meant that after ten years in the historic Spanish Gothic building, its run as the Ace Hotel was coming to an end. For a place that had been part of such a big revitalization effort, this news, you know, certainly left many wondering what would happen next for the building and the neighborhood.

A Decade-Long Run Concludes

The Ace Hotel's nearly decade-long run in downtown Los Angeles was, you know, quite a journey. It opened at a time when downtown LA was really starting to transform, and it became a key part of that story. The hotel was, in a way, a symbol of the hip, new energy that was coming into the area, drawing in a different kind of visitor and resident. Its closure, then, felt like the turning of a page for a part of the city that had seen so much change.

For those who had enjoyed its restaurant, its bars, or simply the unique atmosphere it offered, the news of its closing was, you know, a bit sad. It had become a regular spot for many, a place to meet friends, enjoy a meal, or catch a show in the restored theatre. The hotel's impact on the local scene was, you know, quite clear, and its departure left a noticeable gap in the downtown landscape, at least for a little while.

A New Chapter: The Building's Rebirth

Six months after the Ace Hotel shut its doors, the historic property at the heart of downtown Los Angeles began a new chapter. The former Ace Hotel in downtown Los Angeles, which had been so instrumental in the area's economic revival a decade ago, was back under a new name. This was, you know, welcome news for those who valued the building's history and its role in the community. It showed that the space wouldn't remain empty for long.

Aju Continuum, the company which owns the historic property, agreed to a deal with a new management company. This meant that the former Ace Hotel in Los Angeles had been taken over, and it would once again offer rooms and hospitality services. The reopening, even under a different name, signifies the ongoing importance of this building to the fabric of downtown LA. It's almost like the building itself has a resilient spirit, always finding a way to adapt and serve the city, which is pretty cool.

The Ace Hotel's Lasting Legacy in Downtown LA

Even though the Ace Hotel in downtown Los Angeles has closed its doors as that particular brand, its legacy, you know, really lives on. It was a place that captured the essence of the city's vibrant and creative spirit, and it played a big part in showing people what downtown LA could be. For many, it was more than just a place to stay; it was an experience, a snapshot of a moment in the city's revitalization. You can still, you know, find information about its ratings, photos, prices, and traveler reviews from sources like Condé Nast Traveler, which shows its lasting impression.

The hotel's presence helped to bring new energy and attention to a part of the city that was, in some respects, undergoing a significant transformation. It helped to redefine what a downtown experience could be, blending history with a modern, artistic sensibility. The ornate, storied, and vibrant Los Angeles gem that is the United Artists building continues its journey, now under a different name, but the mark left by the Ace Hotel is, you know, pretty clear. It truly helped shape the narrative of downtown LA's resurgence, a rather important contribution.

If you're interested in learning more about the history of downtown Los Angeles and its architectural treasures, you might want to explore the Los Angeles Conservancy website. They have, you know, a lot of great information about buildings like the United Artists Theatre. It's a fantastic resource for anyone curious about the city's past, and how these structures have evolved over time. You can, you know, really see how places like the former Ace Hotel fit into the bigger picture of urban development, which is pretty fascinating.

To check pricing and availability for the current hotel in the building, or to read expert reviews, you can often find details on various travel sites. For example, you could learn more about boutique hotels in Los Angeles on our site, and also find information about other unique places to stay. You can also, you know, see the hotel's facilities and local activities listed, which is helpful if you're planning a visit to the area. This page explores downtown LA's rich past, providing more context for the area.

Frequently Asked Questions About Ace Hotel Los Angeles

When did the Ace Hotel in downtown Los Angeles first open its doors?

The Ace Hotel Downtown Los Angeles, you know, officially opened early in 2014. Specifically, it welcomed its first guests on January 16, 2014, bringing a new kind of lodging experience to the historic United Artists building. It was, you know, a very anticipated opening for the area.

Why did the Ace Hotel in downtown Los Angeles close?

The Ace Hotel in downtown Los Angeles announced its closure after a nearly decade-long run, you know, at the end of January. While specific reasons for the closure were not detailed in the provided text, it simply stated that the hotel would be closing its doors for good after 10 years in the historic building. It was, you know, a decision made by the hotel, as shared in an Instagram post.

What is the former Ace Hotel building in downtown Los Angeles now?

Six months after it shut its doors as the Ace Hotel, the former Ace Hotel in downtown Los Angeles is back under a new name. Aju Continuum, the company that owns the historic property, reached a deal with a new management company, so the building, you know, has reopened and is offering rooms again, continuing its life as a hotel in downtown LA.