STATEMENT: Ryu on Lytton Savings

Los Angeles, CA - Councilmember David Ryu issued the following statement regarding the City Council’s approval of the historic designation of the Lytton Savings Bank in the City’s list of historic-cultural monuments.

FOR IMMEDIATE RELEASE:
December 13, 2016

Press Contact:
Estevan Montemayor
estevan.montemayor@lacity.org
213.605.4145

STATEMENT ON LYTTON SAVINGS BANK

Los Angeles, CA - Councilmember David Ryu issued the following statement regarding the City Council’s approval of the historic designation of the Lytton Savings Bank in the City’s list of historic-cultural monuments.

“Today, City Council voted unanimously (14-0) to grant the Lytton Saving Bank as a historic-cultural monument. This decision is a victory for our historic neighborhoods.

Designed in 1960 by the radical Southern California architect, Kurt Meyer, Lytton Savings Bank is now a Chase Bank located at 8150 Sunset Blvd. Its mid-century modern design with unique zigzag plated roofs, interior art work, and glass walls are celebrated by many Angelenos and artists. It is one of the most recognizable buildings on the historic Sunset Strip.”

I have consistently supported the Cultural Heritage Commission’s recommendation of the Lytton Savings Bank as a historic-cultural monument.

It was so clear that this building was significant that the developers of 8150 Sunset Blvd. spent considerable money to include in their EIR a full evaluation of the Lytton Savings Bank as a potential historic monument as well as preservation options for their project. The only way to ensure that preservation options were carefully considered and carried out with diligence and respect, was to designate the Lytton Savings Bank as a historic-cultural monument.

For a structure as objectively significant as this, we owed it to the preservation community and to the neighbors to have the process of preservation monitored by the Cultural Heritage Staff and Commission. This is exactly the kind of care and diligence that the developers and Mr. Gehry agreed to when the City Council approved their project.

The City of Los Angeles is rich with culture and history and consists of distinct, diverse, and independent communities. What binds our City together is the unique quality of life and our common goal to create and preserve great neighborhoods. Therefore, it’s important that we continue to celebrate our diversity, which includes prioritizing the City’s historic-cultural resources and rich architecture for future generations.”

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Los Angeles City Councilmember David E. Ryu represents the 4th Council District which includes Griffith Park, Sherman Oaks, Toluca Lake, Hollywood, Hollywood Hills, Los Feliz, Silverlake, Miracle Mile, Hancock Park, Windsor Square, Larchmont and portions of Koreatown and Van Nuys.


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