Millennium cuts size, ups affordable unit count for proposed Beverly Hills tower
Millennium Partners is downsizing its Beverly Hills high-rise ambitions as it leans more into affordability to secure faster approvals. The New York-based developer has revised plans for its proposed 34-story tower at 8300 Wilshire Boulevard, dubbed The Eastern, cutting the total unit count to 211 from 249 and increasing the number of affordable apartments, Hoodline reported. The shift is designed to qualify the project for ministerial approval under California’s AB 2011 law, according to filings with the City of Beverly Hills cited by Urbanize Los Angeles. The updated proposal seeks to build 179 for-sale condos and 32 rental units set […]This article originally appeared on The Real Deal. Click here to read the full story.
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