Beverly Hills' historic Saks Fifth Avenue complex set for development into offices and apartments
Beverly Hills' historic Saks Fifth Avenue complex set for development into offices and apartments
Abstract
Saks Fifth Avenue is set to move to make way for a mixed-use complex that could energize a sedate stretch of Wilshire near Rodeo Drive. The Saks store is to pull some of the luxury and luxury back. The plan calls for converting the 1930s buildings to a mix of uses, including stores, offices for rent and a private Saks club. The site is a few blocks from a Metro subway station slated to open in 2025.
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