Six months after our last update, construction has reached the top floor for the Rosewood Residences Beverly Hills, a $110-million condominium complex now rising at the former site of the Friars Club in Beverly Hills.

View looking southwest from Santa Monica BoulevardUrbanize LA

The project at 9900 Santa Monica Boulevard, which is being developed by New York-based Nahla Capital and Los Angeles-based GPI Cos. consists of a four-story building which will feature 17 condominiums above 12,000 square feet of ground-floor commercial space. Plans also call for parking for 148 vehicles.

The property, which is named for operator Rosewood Hotels & Resorts, will feature a mix of two-, three-, four-, and five-bedroom dwellings, ranging from roughly 3,000 to 7,000 square feet in size. At the time it began construction more than one year ago, asking prices for the condominiums were slated to run as high as $40 million.

New York-based architect Thomas Juul-Hansen is designing the complex, with locally-based MVE + Partners serving as executive architect. Each condominium will have direct elevator and stairway access, while all residents will share a pool and fitness center.

9908 Santa Monica BoulevardGoogle Maps

The project will offer new competition to another hotel-associated project in Beverly Hills: the new Mandarin Oriental Residences at 9200 Wilshire Boulevard. Additionally, more than 350 high-end condos are also proposed as part of the massive One Beverly Hills complex across the street.

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