December 15, 2015
Wanda Group, China’s largest commercial property company, is looking to develop One Beverly Hills, a large mixed-use project directly next to The Beverly Hilton on Wilshire. Connect Media received insight from Deputy General Manager Rohan a’Beckett on the company’s plans.
Currently, the site is entitled for 235 luxury condo units. Wanda Group is looking to remove the function of 42 condo units, and replace it with a 144-room luxury hotel. Without changing the square feet, height, or density of the space, One Beverly Hills will experience a change of function. The hope is that construction will begin at the end of next year, once the City of Beverly Hills approves the plans.