The highly anticipated One Beverly Hills mixed-use project celebrated its ceremonial groundbreaking on Thursday. According to the Los Angeles Times, the estimated cost of $4-5 billion for this condominium and hotel complex is expected to completely change the Beverly Hills skyline.
At its core, One Beverly Hills will feature two towering structures covered in greenery that are set to become the tallest buildings in town. The project is scheduled for completion by 2028 and will encompass 17.5 acres as an “urban resort,” connecting neighboring hotels such as The Beverly Hilton and Waldorf Astoria with high-rise condos, botanical gardens spanning over 8.5 acres, and Aman’s first ultra-luxury hotel on the West Coast.
Jonathan Goldstein of Cain International stated that One Beverly Hills is one of North America’s largest projects during his interview with The Times . This London-based investment firm oversees development alongside OKO Group – a real estate development company founded by Aman creator Vlad Doronin who believes that “Beverly Hills is a natural next step” for their strategic expansion into top urban centers worldwide.
Renderings provided by Foster + Partners showcase what we can expect from this transformative condo-hotel project breaking ground at One Beverly Hillls.
