Work is now beginning for One Beverly Hills, the Richard Meier-designed hotel and condominium complex that will rise on the former site of a posh May Company department store.

The below image, snapped by real estate agent Blake Alexander, shows excavation in process for the project from the Dalian Wanda Group, which is budgeted in excess of $1 billion.

The mixed-use development will create 13- and 15-story buildings on a property spanning between Wilshire and Santa Monica Boulevards.  A full buildout of the development will create 193 residential units, 134 hotel rooms and restaurant space.

Both the hotel and residential components of the project share common amenities, including underground parking for more than 1,100 vehicles and over 32,000 square feet of exterior green space designed by the landscape architecture firm OLIN.

The hotel will also include meeting rooms and event space.

Though plans to redevelop the eight-acre site at 9900 Wilshire Boulevard date back to 2004, when New Pacific Realty Corp. first generated plans for the Meier-designed complex.  The last substantial movement on the project came ten years later in 2014, when an earlier owner demolished the vacant Robinsons-May that occupied the property for decades.

Just down the street, the first phase of a rival development feature a Waldorf Astoria hotel is now nearing completion.

Image courtesy of Blake Alexander
Rendering by Richard Meier & Partners
Image via Google Maps

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Rendering vs. Reality: Eastview Apartments

Multifamily residential complex wrapping up work near DTLA.

Just west of the Harbor Freeway, Lion Real Estate Group is now wrapping up construction at a new apartment complex overlooking the Downtown skyline. Eastview, as the property at 327-411 Boylston Avenue is known, consists of a seven-story building featuring 121 one- and two-bedroom apartments above parking for 145 vehicles.  Plans call for 14 of the residential units to be set aside as affordable housing.