The developers set their Los Angeles outpost for the NoMad hotel franchise in the former Bank of Italy, also from the 20s.

These buildings are, of course, compelling because you want to keep them alive and give people reasons to come see them, and certainly you can’t build them today; it wouldn’t be cost-effective. The art of it is finding buildings where you have a response that makes sense, because I always say: If you fight with the building, the building is gonna win.

Source: The Hospitality Industry Is Stepping Up to Reuse Historic Buildings