Sprawling boutique hotel, residences planned for Beverly Crest

The project is planned for a residential and would require numerous zoning exemptions

TRD LOS ANGELES /
Mar.March 26, 2018 10:42 AM
A rendering of a hotel bungalow at the Retreat at Benedict Canyon

A 33-acre plot in Beverly Crest could become a sprawling boutique hotel and luxury residential subdivision. Because it would be situated in a residential neighborhood, it would also requires numerous zoning approvals and could lead to community opposition.

Developer Gary Safady of O&S Holdings filed plans for the large project earlier this month, a decade after buying the land, according to Curbed. Safady’s plans for the Retreat at Benedict Canyon call for a 99-key hotel and nine homes on one- to three-acre lots.

The hotel rooms would be single-unit bungalows, spread across the site. Nearly two-third of the acreage would be green space, according to a representative for Safady. South Africa-based Saota is the architect on the project. The firm has designed a number of modernist luxury hillside homes in Los Angeles, including in Trousdale and Bel Air.

A rendering of Gary Safady’s Retreat at Benedict Canyon

The project would rise in a residential neighborhood just west of Franklin Canyon Park, near the end of one of Beverly Crest’s winding hillside roads. It requires a number of exemptions from local zoning rules, so it might move slowly through the city process, and may spur opposition from the neighbors.

If completed as planned, the project would be much different than anything O&S developed. The firm is inactive and sold its the last asset in its portfolio four years ago, according to a spokesperson for Safady. Its portfolio was mostly shopping centers in suburban California and around the South. It’s only residential asset was a 57-unit apartment building in Waco, Texas. Safady “has been involved in numerous development, including residential, commercial and hotel projects around the country,” outside of O&S, a spokesperson said, although he declined to name specific projects. [Curbed] — Dennis Lynch 


Related Articles

arrow_forward_ios
From left: Nuveen CEO Vijay Advani, Graymark founder/CEO Brian Hecktman

Graymark, Nuveen pay $97M for El Segundo creative office

La Mirada industrial building

Clarion pays $77M for La Mirada industrial project

510 Park Avenue and CEO of Monster Beverage Rodney Sacks

Monster Beverage affiliate guzzles down industrial project in San Fernando

From left: Saeed Nourmand, Michael Nourmand, Grant King and Richard Heyman

Relevant Group sues Nourmand & Associates’ founder, alleging extortion over hotel projects

Centennial founder and CEO Steven Levin with a rendering of the project

Centennial Real Estate approved for sprawling $300M mixed-use village

Apartment complex at 1435 Stanley Avenue and Raintree Partners CEO Jeffrey Allen (Credit: Apartment Finder)

Raintree Partners spends $79M on Glendale multifamily portfolio

LA Mayor Eric Garcetti

Down goes Measure EE: Property tax referendum routed at polls

CIM Group Founders, Shaul Kuba, Richard Ressler, and Avi Shemesh and 4750 Wilshire Boulevard (Credit: Google Maps)

CIM Group lists part of its Miracle Mile office campus

arrow_forward_ios