One Beverly Hills, a massive, $5 billion redevelopment doubling down on the opulent lifestyle of Beverly Hills, is on track to open in the spring of 2028.

The mixed-used project, with hotels, condominiums, retailers and restaurants and even a botanical garden, is anticipated to generate an estimated $40 billion in local economic impact over the next 30 years, including $9 billion in new spending, as well as 2,700 construction jobs and more than $100 million in public benefit fees.

“One Beverly Hills will have a huge impact not just on Beverly Hills, but on the Los Angeles metropolitan area and California,” said Brent Habeck, executive vice president of commercial leasing for Cain, the London-based private investment firm focused on real estate and lifestyle businesses, and primary de

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