The Courier has obtained the following exclusive statement from the Yes on B & C Campaign in light of the updated election results on May 26.
“We deeply appreciate the hard work and commitment of so many Beverly Hills residents, elected leaders and others on behalf of Cheval Blanc Beverly Hills and the lasting benefits it would bring to the city. Although some votes remain to be counted, it now appears that Measures B and C have fallen short by a narrow margin, overturning the results of a comprehensive, years-long review and approval process that resulted in the unanimous approval of the project by the Planning Commission and a 4-1 vote of support by the City Council. We are proud to have worked with so many residents, civic leaders and business owners who supported this once-in-a-generation investment that would have delivered hundreds of millions of dollars in city funding, and a beautiful gateway project for the Golden Triangle. If the final vote count confirms the voters’ rejection of our project, we will respect the outcome, and will not bring the hotel project back in any form.”
