$
10 billion is the new benchmark for luxury in Beverly Hills. The One Beverly Hills development, covering 17.5 acres adjacent to the Beverly Hilton, is set to become the world’s most exclusive address.

    Construction kicked off with a nonstop pour of 3,800 cubic yards of concrete, laying the foundation for the tallest towers the 90210 has ever seen. The project will feature two glass‑clad structures that will house the first Aman hotel on the West Coast, a brand favored by Bill Gates, the Kardashians, and other high‑profile guests.

    Residences will start at roughly $20 million for entry‑level units, with penthouses exceeding $40 million. A 100,000‑square‑foot private club, designer boutiques, and upscale dining venues will also occupy the site. Membership is projected to cost a $200,000 initiation fee and $20,000 in annual dues. An industry insider noted that the price per square foot is estimated at $7,000, so a 4,000‑square‑foot condo would run about $28 million—an investment that may not be wise if buyers are solely looking for returns.

    The project is a joint venture between Cain International, OKO Group, and Alagem Capital Group, led by Beny Alagem. After a protracted approval process with the city of Beverly Hills, the developers secured the green light to transform the corner of Wilshire and Santa Monica boulevards.

    Set to open in time for the 2028 Los Angeles Olympics, the complex will function as a self‑contained enclave of wealth. It will include 10 acres of botanical gardens and open green space, 4.5 acres of which will be accessible to the public, and 200,000 square feet of retail. The development will physically link the neighboring Beverly Hilton and Waldorf Astoria hotels, creating a unified luxury compound.

    Expected to be finished in 2027, One Beverly Hills promises to redefine opulence in Los Angeles, offering unparalleled amenities, privacy, and a lifestyle that few can afford.