The Beverly Hills City Council voted 4-1 at its Sept. 20 regular meeting to conditionally approve the Cheval Blanc Beverly Hills hotel project. Councilmember John Mirisch cast the dissenting vote.
The Council must revisit the project at an Oct. 11 meeting at which they will review a “draft Development Agreement” that is being hashed out by LVMH Moët Hennessy Louis Vuitton (LVMH), Mayor Lili Bosse, and Councilmember Lester Friedman. According to a presentation from the city’s Planning Department, the development agreement will include an economic analysis and fiscal impact report.