Beverly Hills Waldorf Astoria condo project courts controversy

Beny Alagem’s latest proposal trims tower height

Los Angeles /
Jan.January 22, 2018 04:01 PM
A rendering of the Waldorf Astoria Residences (Image via the Beverly Hills Courier)

The Waldorf Astoria Residences, a controversial condo development slated for Beverly Hills, is now a decade in the making. The project still hasn’t broken ground.

The owner, Beny Alagem, just submitted a revised proposal for the condo, which he cut to 23 stories, from the previous 26 stories. It would rise at the intersection of Wilshire and Santa Monica boulevards, next to his nearby Waldorf Astoria Beverly Hills and The Beverly Hilton hotels.

Beny Alagem

Alagem will go through the Beverly Hills approval process for the new proposal, a process he skipped in 2016 in favor of a ballot initiative. He was trying to amend a version of the development the city had approved in 2008, according to the Beverly Hills Courier.

In that 2016 attempt, Alagem essentially wanted to combine the 110 condo units the city approved for an eight- and 18-story structure, into a single 26-story project. His plan would allow for a 1.7-acre garden on site.

Voters rejected the 26-story tower, which would be the tallest in the neighborhood. A representative for the development team told the Courier the majority of the opposition was over the process, not the actual height of the tower, which some opponents have also opposed.

The new proposal includes 5.39 acres of open space and a public garden. There will be 30 more units than originally proposed, but they will be smaller, so the overall square footage of the project has not changed.

The units will be marketed to locals who want to downsize. The original 2008 project approval also allowed for the construction of the Waldorf Astoria hotel, which opened in 2017. [Beverly Hills Courier] — Dennis Lynch


Related Articles

arrow_forward_ios
Sam Nazarian (Getty, iStock)
Coachella resort fraudster duped Sam Nazarian
Coachella resort fraudster duped Sam Nazarian
 A rendering of 11611 Ventura Boulevard (Urbal Architecture)
145-unit assisted living facility set for Studio City
145-unit assisted living facility set for Studio City
Red Oak Investments' Alex Wong and A-1 Trailer Park (Google Maps, Red Oak)
Presto on PCH: apartment developer plans to make trailer park disappear
Presto on PCH: apartment developer plans to make trailer park disappear
Apple reveals 369,000 sf slice of Westside plan
Apple reveals 369,000 sf slice of Westside plan
Apple reveals 369,000 sf slice of Westside plan
The portion of land with renderings of proposed development (LoopNet)
6 percent of Bel Air on discount
6 percent of Bel Air on discount
Madison Realty Capital extends LA push with $91M loan
Madison Realty Capital extends LA push with $91M loan
Madison Realty Capital extends LA push with $91M loan
100K sf life science project eyed for Expo Line corridor in West LA
100K sf life science project eyed for Expo Line corridor in West LA
100K sf life science project eyed for Expo Line corridor in West LA
NBCUniversal joins studio expansion craze
NBCUniversal joins studio expansion craze
NBCUniversal joins studio expansion craze
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...