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Richard Meier
Site of former department store in Beverly Hills on market again
Site of former department store in Beverly Hills on market again

One of the most desirable pieces of real estate in the country — the site of a former department store in Beverly Hills — is on the market again. Unlike other commercial properties across Southern California that have seen major long-stalled developments finally get underway in the last few years, this one has been a struggle. Once home to an upscale Robinsons-May store, the property has seen multiple owners who have so far been unable to bring a condominium complex designed by a famous architect to life. Fortunes have been won and lost in the process, however, and vast sums are again on the line. Joint Treasure International, a Hong Kong private equity firm, bought the...

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