The Beverly Hills Planning Commission reconvened for the second of three special meetings to discuss the One Beverly Hills project, the massive proposed residential and luxury hotel development that would reshape the city’s western gateway. The $2 billion development would combine three parcels of land and redevelop portions of the Beverly Hilton. At the previous meeting held on April 8, the Commission signaled unanimous approval of the project’s Final Supplemental Environmental Impact Report (EIR). The commissioners drilled down into the Overlay Specific Plan on April 19, with some voicing reservations over a proposed timeshare-style program and access to the property from the south.
At the previous meeting, the team managing the project and the project’s owners made a presentation to the Commission, highlighting the benefits they say One Beverly Hills will bring to the community. Beny Alagem, CEO of Alagem Capital Group which is developing the project along with Cain International, pointed to his stewardship of his other two luxury hotel holdings, the Beverly Hilton and Waldorf Astoria.
