"With the new Linden proposal, the tower grows from 19 to 36 stories and from approximately 200 feet to 400 feet. It now includes an additional 185 units with 28 set aside for affordable housing for a total of 350 units, 61 reserved for low-income residents. An 80-room luxury hotel is also slated for the property. This project represents a bold vision for the future of Beverly Hills, Pustilnikov said in a statement of the Linden development."
"The size of the Linden Drive tower, even at its original height, drew the ire of the Southwest Beverly Hills Homeowners Association. Association president Ken Goldman was disappointed with Pustilnikov's new plans. In my opinion, the greedy developer just got greedier, Goldman told the Beverly Press. If he really wants to help the housing situation, then 100 percent of his project should be available for affordable housing."
"Meanwhile, Crescent Heights' planned builder's remedy project at 8844 Burton Way, currently an empty lot, increased from 20 to 26 stories, according to revised plans submitted to the city. The Burton Way tower would rise approximately 309 feet, up from the previous height of 223 feet, and increase from 480,686 square feet to 492,029 square feet. It would also include 318 parking spaces instead of the previously proposed 277, though it will keep the same number of housing units at 200."
Two Beverly Hills builder's remedy developments have grown in scale with revised plans increasing height, floor counts, and unit totals. The Linden Drive project expanded from 19 to 36 stories, roughly 200 to 400 feet, adding 185 units for a total of 350 units and an 80-room luxury hotel, with 61 units reserved for low-income residents. City officials say no revised application has yet been received. Crescent Heights' Burton Way project rose from 20 to 26 stories and from 223 to approximately 309 feet, added parking spaces, and retained 200 housing units while increasing overall square footage.
Read at therealdeal.com
Unable to calculate read time
Collection
[
|
...
]