Cain International

9th February 2024

City Celebrates Historic Groundbreaking of One Beverly Hills

Beverly Hills, CA, February 9, 2024 – Cain International, the privately held investment firm, together with the City of Beverly Hills, Aman Group, OKO Group, and Hilton today celebrates the groundbreaking of the highly anticipated One Beverly Hills. The 17.5-acre urban destination will unify the Beverly Hilton and Waldorf Astoria with 10-acres of botanical gardens & open space and will introduce the first Aman hotel, branded residences and exclusive members club to North America’s West Coast.

Master planned by globally renowned architecture firm Foster + Partners, with Aman designs by KHA (Kerry Hill Architects), One Beverly Hills will showcase a distinct and cohesive design narrative reflective of the city’s vibrant layers and storied history. Award-winning design collective RIOS is the landscape architect and has curated over 200 species of California native and water-wise plants and trees including palms, oaks, sycamores, succulents and olives to be integrated throughout the gardens; 4.0 acres of which will be exclusively for Aman residents, club members and hotel guests, another 4.5 acres will be open to the public.

In addition to the 10-story luxury Aman Hotel with 78 all-suite guest rooms, one of the world’s pre-eminent hospitality and lifestyle brands will also bring a limited number of Aman-branded residences across two towers to the development, as well as a standalone 100,000 square foot Aman Club – the brand’s private members club – with expansive wellness facilities.

The Beverly Hilton will also benefit from a considerate restoration and significant upgrades as part of the masterplan, integrating designs which play homage to its legacy and will further cement its position as the city’s premier venue for decades to come.

The project expects to bring more than 2,700 direct construction jobs to the region. Turner Construction Company will be leading overall site management of the One Beverly Hills mixed-use development. Along with Cain Development and OKO Group, Turner will oversee contracting opportunities for construction as well as provide educational outreach and engagement services to aid diverse businesses and local job seekers in preparation for work opportunities on the project site.

“This marks a pivotal moment as we, together with our esteemed partners, including the city of Beverly Hills, and Aman Group embark on a journey to shape the next chapter of this city’s iconic history,” said Jonathan Goldstein, CEO and co-founder of Cain International. “We are profoundly grateful for the unwavering support and collaboration that has brought this vision to life and look forward to delivering a landmark development that will stand as a testament to the spirit of progress and innovation in this community.”

“I believe that Beny Alagem’s foresight, Lord Norman Foster’s architectural vision, and the dedicated effort of the broader team in merging these two iconic properties into one magnificent new entity represent a truly brilliant and collective accomplishment, mirroring the City’s values,” said Mayor Julian A. Gold, M.D. “Situated at the western border of Beverly Hills, visitors will immediately be enveloped in the beauty and luxury that epitomizes this great city. I am confident that the One Beverly project represents the dawn of the next chapter in this city’s remarkable history.”

“Beverly Hills, with its timeless allure, represents the natural next step for Aman as we continue our strategic growth into the world’s finest urban centres,” said Vlad Doronin, Owner, Chairman and CEO of Aman Group. “Staying true to our DNA and the coveted Aman lifestyle, securing a position within this pioneering development, will see Aman Beverly Hills nestled in expansive botanical gardens which brings the essence and heritage of Aman while immersing our guests, owners and club members into fascinating urban environments.”

“Hilton is delighted to be involved in the development of One Beverly Hills, in collaboration with The Beverly Hilton and the adjacent Waldorf Astoria Beverly Hills. The Beverly Hilton has been at the heart of Beverly Hills for over six decades, hosting some of the world’s most prestigious events. We look forward to enhancing this pivotal role within this landmark project, as we bring forth a new era of legendary hospitality through our partnership,” said Laura Schofield, Hilton’s Area Vice President of Luxury.

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