Mandarin Oriental is expanding its residential portfolio in Los Angeles with plans to open and manage 54 condominiums at the upcoming Mandarin Oriental Residences in Beverly Hills.
Other luxury hotel brands like Ritz-Carlton and Waldorf Astoria already have a stake in the branded condominium business.
But for Mandarin Oriental – which already has branded condos in cities like Boston, London and Taipei – this Beverly Hills project will be the group’s “first residential-only project on the US west coast”, according to a press release.
The Los Angeles homes will be one of the brand’s 17 upcoming planned residences. Besides Beverly Hills, future Mandarin Oriental condominiums will also be built in Honolulu, Dallas and Boca Raton, Florida.
To create the development, the brand is working with real estate developer SHVO and Deutsche Finance America. The former will also help create Mandarin Oriental’s upcoming New York residences, which will debut next year.
In true luxury fashion, the Beverly Hills condos will be about a kilometre (half a mile) away from the iconic Rodeo Drive, the city’s upscale shopping hotspot.
A condominium development with a flashy name will, of course, have ultra-luxe amenities. This includes a concierge team and valet parking for the residences’ vehicles.
All of the condos will have outdoor spaces, but only some will have their own bonsai garden.
The building will also have amenities like a gym, spa, salon, library and meeting room …
… as well as a rooftop pool with cabanas and a bar and lounge.
In typical Los Angeles wellness fashion, the building will also have yoga and meditation rooms.
The first-floor restaurant – which will be open to non-residents – and the rooftop bar and lounge will have food from Daniel Boulud, a Michelin-starred chef. Like Mandarin Oriental, this will be Boulud’s first venture on the American west coast.
If you’re looking to move here, you better start saving up now.
The 54 homes will open in 2022, and prices will range from US$3.6 million for a 1,200 sq ft condo to US$40 million for a penthouse, according to Robb Report.
