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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Slow Progress at San Pedro Small Lot Development

24 on Centre broke ground in October 2017.

Ten months ago, Santa Clarita-based Williams Homes broke ground on a small lot subdivision in San Pedro.  The project, which replaces a vacant lot at the intersection of 8th and Streets, is known as 24 on Centre.  Plans call for 24 single-family residences, all of which would feature a rooftop deck and a parking garage.