AECOM Capital and Combined Properties partner with Pendry Hotels, a modern luxury hospitality brand by Montage International, to develop a flagship hotel and residences project on the iconic Sunset StripORANGE COUNTY, Calif., Jan. 23, 2019 — (PRNewswire) — AECOM Capital, the investment arm of AECOM, and Combined Properties, a full-service real estate firm, announce the construction of Pendry West Hollywood and the Pendry Residences West Hollywood by Montage Hotels & Resorts, an approximately 300,000-square-foot development encompassing a full city block along the famed Sunset Strip in West Hollywood. Scheduled to open in 2020, the development occupies a prime location on Sunset Boulevard, providing guests and residence owners alike unparalleled views of Los Angeles and immediate access to West Hollywood's premier high-end dining, shopping and nightlife hotspots.
Located at the intersection of Sunset Boulevard and Olive Drive in the heart of the iconic Sunset Strip, Pendry West Hollywood will consist of 149 luxury guestrooms as well as 40 private residences. Guests and residence owners will have exclusive access to hotel amenities, including a private membership club, multiple chef-driven food and beverage outlets, a rooftop pool and bar, a multi-purpose live entertainment venue, a screening room, bowling alley, Spa Pendry and state-of-the-art fitness center, as well as a curated art collection. Pendry Residences West Hollywood by Montage Hotels & Resorts, the first Pendry Residences to open, will feature spacious floorplans and terraces and offer owners exclusive residential amenities such as a private rooftop pool, fitness center, lounge and wine room, and dedicated staff delivering exceptional hospitality, including catering and in-residence dining by the hotel's chef.
"We are excited to partner with Combined Properties and Montage International to introduce Pendry West Hollywood, destined to be a new icon on one of the world's most famous streets in Los Angeles, our headquarters' city," said Michael S. Burke, chairman and CEO, AECOM. "West Hollywood is undergoing a cultural revival. We plan to leverage our design, development, and construction expertise to create an exclusive owner and guest experience unlike any other in the area."
"We have assembled an extremely talented team – all of whom are intimately connected to the project and the Los Angeles market," added Ronald S. Haft, chairman of Combined Properties. "We're passionate about designing a community experience for locals by locals and envision the project as a hospitality and entertainment anchor of West Hollywood's reputation as a world-class creative destination."
"We are pleased to join forces with AECOM Capital and Combined Properties to bring Pendry Hotels to West Hollywood," said Alan J. Fuerstman, founder, chairman and CEO of Montage International. "Pendry West Hollywood is destined to be an iconic hub on the renowned Sunset Strip, marrying the gracious service of Pendry with the vibrant and dynamic culture of the community."
Pendry West Hollywood is designed by internationally acclaimed architecture and interior design firm Ehrlich Yanai Rhee Chaney Architects (2015 AIA Architect of the Year), and executed by Cuningham Group Architects with interiors by Martin Brudnizki Design Studio. AECOM serves as construction manager on the project through its AECOM Hunt business.
For more information about Pendry Hotels, please visit www.pendryhotels.com.
For more information about Pendry Residences West Hollywood by Montage Hotels & Resorts, please visit www.pendryresidencesweho.com.
About AECOM Capital
AECOM Capital is an investor and developer of real estate and other large-scale projects across North America and select international markets. Targeting high-quality, risk-adjusted investments, AECOM Capital leverages AECOM's vast resources across all engineering, design and construction services for deal flow, due diligence, execution and project delivery. AECOM Capital has a total development value of over $4.5 billion across approximately 11 million square feet. As part of AECOM, a fully integrated global infrastructure firm, we connect knowledge and experience across a global network of experts to help clients solve their most complex challenges. A Fortune 500 firm, AECOM had revenue of approximately $20.2 billion during fiscal year 2018. See how we deliver what others can only imagine at www.aecomcapital.com.
About Combined Properties
Combined Properties, Incorporated currently has over a $1 billion portfolio comprised of 40 retail, multifamily and mixed-use properties growing to over a $2 billion portfolio with over 6 million square feet including current projects under development. In addition, it controls over an additional $1 billion development pipeline in the Washington DC and Southern California metropolitan areas. Since its founding by Chairman Ronald S. Haft, Combined Properties has always looked for the true potential of a commercial property. The Company strives to apply its creativity and expertise in development, finance, leasing and asset management to shape projects into innovative lifestyle residential, retail, and hospitality communities that instill pride and joy in the people that live, shop, and stay there. For more information on Combined Properties, visit www.combined.biz.
About Pendry Hotels
Pendry Hotels is a new luxury hospitality brand from Montage International. Pendry combines inspired design with a celebration of culture and authentic service tailored to today's cultured world traveler. Founders Alan J. Fuerstman and Michael Fuerstman's well-seasoned experience in the hospitality industry serves as the foundation for the brand. Each property is injected with a unique perspective on contemporary style, and an emphasis on the arts and local community in the city it calls home. The portfolio of hotels includes Pendry San Diego and Sagamore Pendry Baltimore. Currently under development opening in 2020 is Pendry West Hollywood and Pendry Natirar, and opening in 2021 is Pendry La Quinta, Pendry Manhattan West, and Pendry Park City. Pendry Hotels is a member of Preferred Hotels & Resorts. For more information on Pendry Hotels, follow @pendryhotels or visit www.pendryhotels.com.
About Montage International
Montage International, the ultra-luxury hospitality management company founded by Alan J. Fuerstman, features a distinctive collection of hospitality brands. Montage International encompasses the ultra-luxury brand Montage Hotels & Resorts, the new luxury hospitality brand Pendry Hotels, Montage Residences, Pendry Residences and the management of some of the country's premiere golf courses and clubs. Founded in 2002, Montage Hotels & Resorts is an artistic collection of distinctive hotels, resorts and residences including: Montage Laguna Beach, Montage Beverly Hills, Montage Deer Valley, Montage Kapalua Bay, Montage Palmetto Bluff, and Montage Los Cabos. Currently under development is Montage Healdsburg, opening in 2020, and Montage La Quinta and Montage Big Sky, both opening in 2021. Pendry Hotels, founded in 2014, is a collection of new luxury hotels for today's cultured world traveler located in taste making destinations including Pendry San Diego and Sagamore Pendry Baltimore. Pendry West Hollywood and Pendry Natirar will open in 2020, and Pendry La Quinta, Pendry Manhattan West, and Pendry Park City will open in 2021. Montage International also manages and operates Spanish Peaks Mountain Club in Big Sky, Montana and The May River Golf Club in Bluffton, South Carolina. For more information, please visit www.montage.com.
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