SMA Global: Moving Up By Going Down The Hill

May 02, 2013, 16:10 ET from SMA Global

LOS ANGELES, May 2, 2013 /PRNewswire-USNewswire/ -- The following is being released by SMA Global:

The city of Los Angeles' most prestigious business club is having a big-time makeover. The 25-year-old City Club on Bunker Hill, a member of the Club Corps family, is relocating down the hill to where the action is and even expanding its well-established diversity commitment.

While the move covers only a few city blocks, it will place the Club high atop Southern California's hottest business growth area featuring major hotels, entertainment centers and new restaurants.  The venerable membership of bankers and business executives is also reaching out to the neighboring jewelry, fashion, video production, retail and sports industries and welcoming younger professionals to their ranks.

The 8.5 million dollar face and roof lift will take the club to the top floor of the City National Tower and provide a remarkable view of downtown and LA's surrounding communities.

Founded in 1989 by business leaders committed to a fully integrated affordable membership of men and women of every background, the new City Club Los Angeles is determined to give new meaning to why LA is known as the diversity capital of the United States.

"We plan to provide members and guest services for residents and visitors from all over the world and combine our traditional amenities with state-of-the-art technology and innovations," said Larry Ahlquist, the Club's veteran general manager and a well-known downtown LA civic leader.

Those planning the September move will keep the Club's visible history of presidents, governors, foreign dignitaries and industry titans but will be adding modern features including a social media tech center and both video screening and production capability.

"With the ever changing and ever growing population shifts in LA, the City Club's new location, expanded facilities and broadening membership base seems perfectly timed," said Club member Hector Barreto, Chairman of the Latino Coalition and former Administrator of the Small Business Administration.