The Saga of One Beverly Hills

The Saga of One Beverly Hills


imageWanda Group Seeks to Sell 9900 Wilshire in a Top U.S. Hotel Market Amid Competing Development

When Dalian Wanda Group Co. Ltd. bought an eight-acre property on a prime stretch of Beverly Hills’ Wilshire Boulevard, the Chinese commercial real estate and cinema conglomerate envisioned building a $1.2 billion, 5-Star hotel and condominium development that was ambitiously upscale, even by Beverly Hills standards.

But four years later, the site at 9900 Wilshire Blvd. remains a dirt hole between the Los Angeles Country Club and the iconic Beverly Hilton hotel in one of the country’s top hotel markets.

Continue reading “The Saga of One Beverly Hills”