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A new promotional video offers a flythrough tour of One Beverly Hills, a planned $1.2-billion development by the Dalian Wanda Group.

The project, which is being developed in partnership with the Athens Group, would consist of two mid-rise structures between Wilshire and Santa Monica Boulevards, featuring 193 luxury condominiums, 134 hotel rooms and multiple restaurants.  Plans also call for multiple roof terraces, meeting rooms, event space, green space and parking for 1,140 vehicles.

The 13- and 15-story buildins are being designed by  Richard Meier & Partners Architects, with landscape work by the Philadelphia-based firm OLIN.

Construction of the mixed-use development is scheduled to occur over approximately 36 months.

The Wanda Group has recently come into conflict with the owner of the adjacent Beverly Hilton, which is adding similar luxury hotel and residential components.

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Vermont Corridor Development Approved by L.A. County Supervisors

Offices, retail, and mixed-income housing is on the way in Koreatown.
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Today, the Los Angeles County Board of Supervisors voted to certify the final environmental impact report and ground lease terms for the Vermont Corridor project, the latest step in the proposed redevelopment of several dilapidated office buildings in Koreatown.

The action today allows Trammell Crow Company to proceed with the construction of a new headquarters for the L.A.