An image sent by photographer Michael Hayes shows that completion is nearing for the Waldorf Astoria Beverly Hills, a $200-million luxury hotel next to the iconic Beverly Hilton.

Developer Beny Alagem is constructing the 12-story building at the corner of Wilshire and Santa Monica Boulevard, creating 170 guest rooms with a collection of shops and restaurants.

Architecture firms Gensler, Perkins + Will and Pierre-Yves Rochon are designing the mid-rise development in the Streamline Moderne style, with a variety of high-quality finishes.

The official website of the project shows that the hotel will begin taking reservations in June.

Alagem is also pursuing the development a pair of mid-rise condominium towers on the property, after an alternate proposal to build a 26-story tower was rejected by Beverly Hills voters in November.

From the Web

Four-Story Development Tops Out at 1st & Fairfax

The project includes 45 apartments and ground-floor retail space.

The wood-and-concrete frame of a small mixed-use development near The Grove is now complete. The four-story development, which comes from local real estate firm Conroy Commercial, replaces an auto body repair shop at 1st Street and Fairfax Avenue.  City records indicate the building will feature 45 residential units atop 1,258 square feet of ground-floor commercial space above a basement parking garage. Ovalle Architects, a Long Beach-based firm, designed the contemporary low-rise structure.