A landmarked office building in Beverly Hills could be reinvented as a hotel, according to a pending staff report to the City's Planning Commission.
Gibraltar Square, located at 9111 Wilshire Boulevard, was developed in phases between the late 1950s and late 1960s as the headquarters of Gibraltar Savings and Loan. The oldest buildings, a bank building and cantilevered 10-story office tower, were both designed by Pereira and Luckman. A later addition - the National Bank building - was designed by architect Maxwell Starkman, and redesigned by Morphosis in the mid-1980s when converted into the now-defunct Kate Mantilini Restaurant. Following the bank's closure in 1985, it was transformed into the Kate Mantilini restaurant and redesigned by Morphosis. The entire property was designated a Beverly Hills City Landmark in 2016.
West Hollywood-based real estate developer Charles Company is now seeking approvals to convert the property for a new use: a boutique hotel. The 10-story tower and banking hall are to be transformed into 154 guest rooms with restaurant space and amenities, while National Bank building would be reactivated by a new restaurant.
OfficeUntitled is designing the project, which largely maintains the property's historic appearance - though the proposed revamp would remove some landscaping to provide more transparency at street-level. One notable change would be the conversion of the Banking Hall's rooftop into a pool deck featuring cabanas and other amenities - accessible through a restaurant at the hotel's ground floor.
Charles Company also intends to maintain an existing five-level, 138-car parking garage, while also leasing 31 additional spaces in an off-site garage.
A staff report recommends that the Planning Commission should adopt a resolution conditionally approving a conditional use permit and historic incentive permit for the project.
Charles Company, which has a slew of large mixed-use projects planned throughout Southern California, made headlines nearly two years ago when one of its principals was charged with bribing a Los Angeles County official to secure a lease at a development in Hawthorne.
Charles Company is also behind District Square, a controversial housing and retail complex which was planned on Crenshaw Boulevard. An appeal seeking to halt the project's construction was granted by the South Los Angeles Area Planning Commission last year.
- Beverly Hills (Urbanize LA)