$10B One Beverly Hills project goes vertical
AI Article Summary
The $10 billion One Beverly Hills project has commenced its vertical construction phase. Turner is managing the overall construction of this high-end mixed-use development, which includes two residential towers being built by Layton and Suffolk. PCL Construction is leading the construction of the Aman Hotel within the same project. This large-scale development highlights the expertise and collaboration of multiple construction firms.
What This Means for Canadian Contractors
This project shows how collaboration between major construction firms can efficiently manage large-scale developments, serving as a model for mixed-use projects. For Canadian builders, this means the importance of strategic partnerships, which can be crucial in tackling sizeable projects, optimizing timelines, and managing costs effectively. This could lead to adopting similar collaborative approaches for urban centers, enhancing efficiency and innovation.
