Rodeo Drive hotel planned to expand by LVMH

Published on : Thursday, April 2, 2020

French luxury goods supplier LVMH plans to expand its presence on Rodeo Drive in a big way — with an ultra premium hotel intended to be the most deluxe inn in Beverly Hills, which already has its fair share of deluxe inns.

The parent company of brands such as Louis Vuitton, Givenchy and Dom Perignon recently applied for city permission to build a 115-room hotel on property it owns at the corner of Rodeo Drive and Little Santa Monica Boulevard. Although the development seems incongruous during the widespread coronavirus-related business shutdown that is also slamming hotels, LVMH regards it as a long-term venture that wouldn’t open until 2025 and would be held by the company for many years to follow.

The proposed Cheval Blanc Beverly Hills was designed by flamboyant New York architect Peter Marino, who also designed LVMH’s Louis Vuitton and Dior boutiques on Rodeo Drive.

 

 

 

In keeping with Rodeo Drive’s international reputation for over-the-top retail glamour, the Cheval Blanc is intended to be a notch above the competition in Beverly Hills’ high-end hotel market, known for such famous hostelries as the Beverly Hills Hotel and the Beverly Wilshire.

Masa Alkire, principal planner for the city said that the hotel that they are proposing is at the highest end, at a part of the market that maybe is not being met right now. LVMH and Marino are unabashed about their intention to hit the swanky five-star heights for a certain subset of wealthy travelers. Room rates haven’t been set yet, but they’ll be among the highest.

Anish Melwani, chief executive of LVMH Inc said that the Cheval Blanc is not a democratic price point

Unlike most full-service hotels, the Cheval Blanc will have no banquet or conference facilities, or other group business, he said. This is meant to be a home away from home for that global luxury traveller.

The challenge for LVMH is that the homes, or multiple homes, of these elite travelers are “spectacular,” Melwani said. Cheval Blanc rooms will be “very large,” the company said, supported by restaurants, spas and luxury retailers, probably including LVMH brands that currently rent their stores on Rodeo Drive. The hotel will have two swimming pools, including a private penthouse pool, and a private club.

 

The diverse elements packed into a prominent urban setting added up to a design challenge for Marino. He displayed no lack of confidence, however, about his ability to make the Cheval Blanc stand out among the local competition.

If he is successful, Marino said, the hotel will look like it has been there for 50 years and will remain timeless for decades to come. To that end, the Cheval Blanc will be clad in imported French limestone, the same stone used to make “all the really classic chateaus” in France, he said, including the historic Chateau de Chantilly and Palace of Fontainebleu.

The room windows will also have their own button-operated sunshades. He hopes no two of them are ever left at the same angle so the exterior “will never look the same way twice.”

He also hopes the overall design will improve the pedestrian experience on the northern edge of Rodeo Drive’s famed shopping district, where “people get to the end, shrug their shoulders and walk back.”

The future visitors may be tempted to instead turn right to walk past the entrance of the hotel on Little Santa Monica toward a roomy cafe on the corner of that street and Beverly Drive. The hotel would stand on parcels owned by LVMH that were formerly occupied by Brooks Brothers and the Paley Center for Media.

The hotel will have “art everywhere,” Marino said, including at the entrances and what he called a proposed graffiti wall on the newly realigned service alley “that will be the number-one selfie spot.”

The building itself would be sloped “like soft hills,” he said, rising from four stories on Rodeo Drive to nine stories on Beverly Drive.

The proposed height and relocation of a service alley are a deviation from the city’s general plan, and the project will require an environmental review and approval by the City Council before it could begin.

LVMH declined to discuss what it will cost to build the Cheval Blanc, but Melwani said the company had spent “half a billion dollars” on real estate alone. “Beyond that, it’s too early to say,” he said.

 

 

LVMH opened the first Cheval Blanc, which translates to “white horse,” in the French Alps in 2006. There are two others in resort destinations and future sites in Paris, London and the Seychelles.

 

 

Real estate broker Jay Luchs of Newmark Knight Frank, who helped arrange the property sales, said LVMH’s investment is a testament to the enduring appeal of Rodeo Drive, which he expects to bounce back after the pandemic.

 

 

 


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