Mar
09
Taubman Centers Reveals $500M Re-Imagination of L.A.’s Beverly Center
ByTaubman Centers will soon begin a half-billion-dollar renovation of the 886,000-square-foot shopping center that will transform every aspect of the site.
A rendering of the new Beverly Center in Los Angeles
Los Angeles’ Beverly Center, commanding a well-traveled intersection at the edge of Beverly Hills and West Hollywood, is poised to undergo a half-billion-dollar beautification. Taubman Centers Inc., owner of the upscale 886,000-square-foot shopping destination, will kick off a renovation program this month with the goal of re-imagining the 1980s-era property.
The idea is to take Beverly Center to new heights. “Our goal in re-envisioning the center is to create L.A.’s most exciting, dominant, urban shopping and dining experience,” Robert Taubman, CEO of Taubman Centers, said during the retail REIT’s fourth quarter 2015 earnings call in February…
Taubman Centers Reveals $500M Re-Imagination of L.A.’s Beverly Center
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