After years of planning and city council approval, the fate of LVMH's proposed new hotel in Beverly Hills now rests in the hands of the voters. LVMH ChevalBlanc
, the proposed nine-floor hotel was set to replace at least four buildings at the intersection of Rodeo, Santa Monica Boulevard, and North Beverly Drive. The boutique hotel also included a private members club and a restaurant.
The Beverly Hills City Council actually approved the project late last year. The council said the new development would generate as much as $778 million for the city over the next 30 years, as well as revive a prime stretch of Rodeo Drive. It quickly received pushback from some residents of the ritzy enclave, though.
A number of locals were concerned about the tower obstructing views and contributing to traffic congestion. Unite Here Local 11 also raised numerous objections during the planning process. The union, which represents hospitality workers, argued that zoning for affordable housing should have been built into the project. The opposition gathered enough signatures to prompt a referendum on the issue.
“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,” Miller added.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Beverly Hills voters reject swanky Rodeo Drive hotel bid by world’s richest man Bernard ArnaultArnault, the Frenchman worth $193 billion, derives his wealth from his massive stake in LVMH Moet Hennessy Louis Vuitton.
Read more »
Jeff Bezos, Lauren Sanchez Renting Kenny G's Mansion While Working On Beverly Hills HomeJeff Bezos and his fiancée Lauren Sanchez have apparently plopped down on a massive rental while their Beverly Hills pad gets the multimillion-dollar treatment ... and the new home away from home is reportedly none other than Kenny G's humble abode.
Read more »
Lisa Rinna explains why she left the 'Real Housewives of Beverly Hills' | CNNLisa Rinna says she had some divine intervention when it came to leaving the cast of “Real Housewives of Beverly Hills.”
Read more »
VIDEO: Hero security guards save choking baby in Beverly HillsDramatic moments were caught on camera as two security officers saved a baby's life.
Read more »
Lisa Rinna Finally Explained Why She Left 'Real Housewives Of Beverly Hills,' And It Makes A Lot Of Sense“Some of the most horrible things I’ve ever seen in print in my life, and it’s a reality show! It’s a stupid show!”
Read more »
Lisa Rinna Reveals 'Horrible' Death Threats Led to Her Real Housewives of Beverly Hills Exit - E! OnlineLisa Rinna revealed how alleged death threats and a vision from her late mother Lois caused her to walk away from The Real Housewives of Beverly Hills after eight seasons.
Read more »