search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aRent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlordsHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraud“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment deal“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment deal
Los Angeles

Beverly Hills finally greenlights New Pacific’s 9200 Wilshire project — but now it’s condos

Initial plans called for an apartment complex

Rendering of 9200 Wilshire (Credit: MVA Architects)
Rendering of 9200 Wilshire (Credit: MVA Architects)

Developer New Pacific Realty had plans to construct a mixed-use 90-unit apartment complex at 9200 Wilshire Boulevard on a site it has owned for a decade. It would’ve been Beverly Hills’ first rental complex in nearly three years.

But after years of pushback from neighbors and property owners, the developer has changed its course. Beverly Hills City Planning Commission approved a project Thursday night — but it’s not the multifamily project the developer had submitted revised plans for in June. New Pacific will now build 54 for-sale condos instead, Urbanize reported.

Sign Up for the undefined Newsletter

Designed by MVE Architects, the approved project will have over 6,100-square-feet of ground-level retail, rooftop decks and a courtyard that has outdoor dining space and a sculpture garden. Glass will surround the six-story structure.

New Pacific owns another property nearby — the retail shops at 9399 Wilshire Boulevard. Other projects headed to Wilshire Boulevard include a Palisades Capital Partners’ mid-rise condominium building designed by MAD Architects. [Urbanize] –Natalie Hoberman

Tags
Beverly HillsCondos