One year after breaking ground at the intersection of Wilshire and Santa Monica Boulevards, construction of the new Waldorf Astoria Beverly Hills has progressed to its sixth level above ground. The $200 million development, spearheaded by Alagem Capital Group, will create a 12-story tower featuring 170 guest rooms, luxury retail accommodations and other ancillary functions. Designed by a team consisting of Gensler and Pierre-Yves Rochon, plans call for white stone-cladding with strong horizontal lines reminiscent of the Streamline Moderne style. Interior finishes include burnished bronze and lalique installations. Guest rooms will offer balconies and floor-to-ceiling windows with views of the Los Angeles basin. Other amenities include garden patios, a rooftop pool deck and a luxury spa. The project, which is the Waldorf Astoria’s first new build on the West Coast, is scheduled for completion in 2017. West down Santa Monica Boulevard, construction also continues for 10000 Santa Monica, a $300 million luxury apartment tower in Century City.