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.
Categories
Recent Posts
"Direct and unrefined" materials create tactile interior at Jeju restaurant by &Daughters
Becerra wins CA governor race after backing from real estate heavyweights
Vacant Valley Village lot targeted for multifamily development
Minecraft Creator Markus Persson Lists His Beverly Hills Home for $70 Million
Irvine-based coworking firm inks 20K sf lease in hometown
A Sun-Drenched Villa in Cabo Seeks $3.5M
In Rye, a 1928 Georgian Manor Comes With Sweeping Panoramic Views for $11M
This $3.95M Princeton Manor Has Sold Only Twice Since 1924
Charles Warren Callister’s Barrel-Vaulted Duncan House Lists in San Francisco for $7.9M
A Reimagined 1988 Boca Raton Home Mixes Country Club With Modernism
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA