United States Procurement News Notice - 59447


Procurement News Notice

PNN 59447
Work Detail Construction has commenced on One Beverly Hills, an ambitious condominium and hotel development slated to redefine the iconic Beverly Hills skyline while asserting its prominence along the city’s western perimeter. With an estimated investment of close to $2 billion, this project is poised to leave a lasting imprint on the region’s architectural landscape. Groundbreaking Ceremony for One Beverly Hills Project The groundbreaking ceremony for this expansive development, situated on 17.5 acres between the Beverly Hilton and Waldorf Astoria Beverly Hills, took place on Feb. 8, much to the delight of project executives, city officials, and numerous guests in attendance. Anticipated Completion and Project Highlights Upon its anticipated completion within the next two to four years, the project will boast a 10-acre botanical garden, two residential towers, and an Aman Group hotel. Landscape architect, Rios carefully selected, over 200 types of water-wise plants and trees that are native to California. These will be planted in the gardens with four acres dedicated exclusively to Aman residents, club members, and hotel guests. The remaining five acres will be accessible, to the public. Mayor’s Endorsement and Visionary Collaboration “I have belief, in the foresight of Beny Alagem, the vision of Lord Norman Foster, and the dedicated efforts of the entire team who have successfully merged these two iconic properties to create a truly remarkable new entity. It reflects the values of our city “expressed Mayor Dr. Julian Gold.”Located on the border of Beverly Hills visitors will immediately be embraced by the beauty and luxury that defines this city. I am confident that the One Beverly project marks a milestone in our city’s history.” Overview of One Beverly Hills Development Once finished One Beverly Hills will boast 255 condominiums, 78 hotel suites, and 30,000 square feet of space. Two residential towers standing at heights of 31 and 28 stories respectively will become Beverly Hills’ tallest buildings. Additionally, this project includes a renovation plan, for the Beverly Hilton.
Country United States , Northern America
Industry Construction
Entry Date 09 Feb 2024
Source https://constructionreviewonline.com/construction-news/usa/developers-break-ground-on-one-beverly-hills/https://constructionreviewonline.com/construction-news/usa/developers-break-ground-on-one-beverly-hills/

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