Founded and family owned since 1955, The Shammas Group has been a major player in the revitalization of the downtown center and Figueroa Corridor. From its corporate headquarters in the historic Petroleum Securities Building, an official Los Angeles Historic Cultural Monument, to its ownership of Felix Chevrolet, home of the iconic Felix the Cat and the oldest Los Angeles automobile dealership, The Shammas Group is committed to urban revival and historic preservation. A key objective of the group has been to utilize the Figueroa Corridor to connect the economic engine of downtown Los Angeles with the intellectual resources of USC and the population of surrounding communities. This powerful vision became a reality with the creation of the Figueroa Corridor Business Improvement District in 1998 and the subsequent construction of major job-creating projects including USC’s Galen Center, the Staples Center, University Gateway, L.A. Live, eight new automobile dealerships, the L.A. Football