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Cain International Breaks Ground On 17.5 Acre One Beverly Hills Development

Traded Media
by Traded MediaShare
California
Development Site
Mixed Use

With months of excavation now behind, it is official: the ambitious One Beverly Hills development is now in full swing. Breaking ground last week, Cain International is set to transform the 17.5-acre property located between Wilshire Boulevard, Santa Monica, and the Los Angeles Country Club. This prime location is already home to the prestigious Beverly Hilton and the elegant Waldorf Astoria Beverly Hills, making it the ideal setting for the construction of high-rise and mid-rise buildings that will soon grace the skyline. Nestled within these architectural marvels will be luxurious condo towers, a 10-story, 78-suite hotel, and approximately 30,000 square feet of commercial space. To accommodate the residents and visitors, a subterranean parking facility is also underway, capable of accommodating around 1,900 vehicles.

The Los Angeles Times reports that the estimated cost of this transformative project is around $5 billion, an investment that demonstrates the grandeur of One Beverly Hills. Despite its magnitude, the development will likely include fewer than 200 condominiums, proof that exclusivity and sophistication will be its guiding principles. In addition to the new constructions, plans are in place to renovate the iconic Beverly Hilton, a venue that recently hosted the prestigious Golden Globes awards. Aman Resorts, renowned for its world-class services, will have the honor of operating the hotel suites, condominiums, and a private club spanning an impressive 100,000 square feet. With this endeavor, Aman Resorts will make its highly anticipated debut on the West Coast.

One Beverly Hills' Transformation

The visionary project of One Beverly Hills, as revealed by Foster + Partners, aims to seamlessly merge two iconic landmarks, the Beverly Hilton and the Waldorf Astoria, into a harmonious oasis. This ambitious endeavor goes beyond conventional development, with an emphasis on enhancing accessibility for pedestrians and cyclists. To achieve this, the plan calls for the implementation of new pedestrian walkways and bike lanes, establishing a fluid connection throughout the entire site.

The heart of this transformation lies in the reimagining of Wilshire Boulevard. Once a bustling thoroughfare, it will now emerge as a vibrant green gateway, inviting exploration and discovery. A stunning cascading stairway beckons pedestrians to explore the enchanting gardens or venture into the meticulously curated collection of shops and restaurants adjoining the esteemed Beverly Hilton. Ingeniously, these breathtaking gardens will triumphantly traverse over the road, cleverly separating the world of cars from the tranquil realm of nature. Additionally, this novel design feature cleverly grants both hotel guests and passersby easy access to major boulevards.

Anticipation is high for the completion of One Beverly Hills, which is slated for 2028, as reported by the Los Angeles Times. This remarkable project promises to redefine luxury living and exemplify the boundless possibilities of architectural ingenuity.

Reimagining the Former Robinsons-May Site

Amidst the vibrant spirit of reinvention, the once bustling location of the Robinsons-May Department Store is ready to embark on a remarkable journey towards transformation. Over the years, various plans have come and gone, with a Richard Meier-designed hotel and condo complex holding the promise of change. However, when that vision faded away, a new opportunity emerged.

In 2018, Alagem Capital, the esteemed owner of the Beverly Hilton, saw immense potential in the land previously occupied by Robinsons-May. With a pioneering spirit and a clear vision, they set out on a mission to create a unified development site of unparalleled significance.

Now, the stage is set for a fresh chapter in architectural innovation and urban renewal. The project site, pulsating with anticipation, eagerly waits to unveil its magnificent new form. This transformative vision promises to breathe new life into the heart of the city, rewriting the narrative of the once-familiar landscape.

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