$10B One Beverly Hills Mixed-Use Development Goes Vertical

The $10B One Beverly Hills ultraluxury project enters vertical construction phase, with Turner, Layton, Suffolk & PCL leading major component builds.

The $10 billion One Beverly Hills project, one of the nation's most ambitious ultraluxury mixed-use developments, has officially entered its vertical construction phase. This milestone marks a critical leap from foundational work to skyward growth for a complex that will reshape the luxury landscape of Los Angeles. The move to go vertical signals unshakable confidence from developers and investors, placing immense strategic pressure on the local high-end real estate market and setting a new benchmark for large-scale construction projects in a competitive urban environment.

This rapid progression contrasts sharply with the cautious, phased approaches seen in other mega-developments post-pandemic. The decisive move to vertical construction underscores a delivery-first ethos, backed by a powerhouse consortium of general contractors. Turner Construction is overseeing the entire site, while Layton Construction and Suffolk Construction execute the twin residential towers, and PCL Construction builds the flagship Aman Hotel. This division of labor demonstrates a master-planned approach to construction management, where specialized expertise is deployed for maximum efficiency and quality control on components worth billions.

For real estate developers and construction executives, the implications are about scale and timing. This project validates the market for hyper-luxury integrated living at an unprecedented price point, encouraging similar capital investments in other gateway cities. The forecast necessitates that supply chains and skilled labor pools be secured well in advance for comparable ventures. Decision-makers must note that the success of One Beverly Hills will likely accelerate the convergence of hospitality construction and ultra-luxury residential into single, branded ecosystems. The next phase will test the limits of tower construction speed and precision, with the entire industry watching as this mixed-use development rises to define a new standard.