International luxury brand Harry Winston has expanded its operations into Grosvenor’s three-floor building at 310 North Rodeo Drive, which has been the jewelry and timepiece specialist’s flagship Beverley Hills home since 2005. Following an extensive rejuvenation of the building’s interior and entry façade, the jeweler has reopened with a new 7,022 square foot salon.
“Harry Winston has been a tenant in our building at 306 Rodeo Drive for over a decade, and we are very pleased that they have been so successful in this space that expansion into our neighboring building at 310 Rodeo Drive was necessary. Their reputation for quality contributes to the retail appeal of Los Angeles’ most prestigious High Street, Rodeo Drive,” said Audris Shau, Vice President of Investment at Grosvenor Americas.
Renovations included a new marble foyer, a first floor dedicated to timepieces, a bridal area, and a grand split staircase leading to a second floor showcasing one-of-a-kind jewelry creations. The third floor features a spacious terrace, overlooking the heart of Beverly Hills. Private selling rooms are located throughout the space.
Rodeo Drive is considered amongst the ultimate premier retail destinations alongside The Ginza in Tokyo, or 5th Avenue in New York and attracts tourists from across the globe to experience its bespoke offerings. Grosvenor’s property offers up to 25 feet of Rodeo Drive frontage, a two-level atrium, and a penthouse terrace overlooking Rodeo Drive. Grosvenor acquired the building in 2003, and renovated both the interior and exterior of the structure in 2005.
“Los Angeles holds a very special place in the Harry Winston story.” said Nayla Hayek, CEO of Harry Winston, Inc. “It was there, while working under his father in the family jewelry business, that Mr. Winston learned the trade, developed an eye for quality, and gained the confidence to venture out on his own. As the “King of Diamonds,” Winston quickly made Hollywood connections, received famous endorsements, and earned a second title, “Jeweler to the Stars,” redefining red carpet glamour. With the reopening of our West Coast flagship, now our largest Harry Winston salon, we look forward to deepening our ties and growing our clientele in this important city.”
Grosvenor has been active in North America since 1953 when the company purchased Annacis Island for industrial development outside of Vancouver, BC. Since 1996, the Company has focused on urban retail in the Americas, curating a high quality portfolio of specialty retail and creative office space in leading luxury retail destinations across the United States. Today, the Company’s high-street retail portfolio includes a collection of diverse properties across San Francisco, Los Angeles, Chicago and Washington, DC. Grosvenor is known for its international retail destinations, particularly on Mount Street in Mayfair, London and its 42-acre Liverpool ONE redevelopment, which transformed the heart of one of Europe’s most storied cities.
Grosvenor has long-standing expertise in the active management and improvement of urban, mixed-use properties in vibrant, transit-oriented locations with a focus on locations where high-quality retail tenants create dynamic, walkable offerings that bring building occupants together with retail users to interact in a pedestrian-friendly environment.
For more on Grosvenor’s High street retail and office portfolio in the Americas, click here.
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Notes to Editors
Grosvenor, one of the world's largest private international property groups, works in some of most dynamic cities around the globe. We are guided by our 'Living cities' philosophy; we strive to create, manage and invest in properties and places that contribute to the enduring success of the cities in which we work.
Today we have 17 offices in 11 countries and assets in 17 countries. We have regional investment and development businesses in Britain & Ireland, the Americas and Asia Pacific. We also have indirect investments, managed centrally. As at 31 December 2016, the Group had total assets under management of £12.63B.
Unusual for a private company, Grosvenor publishes a detailed reporting suite - Annual Review, Financial Statements and a Non-Financial Data Report – all available at: www.grosvenor.com Twitter: @GrosvenorGRP
Grosvenor Americas aims to become a market leader in select geographical areas and sectors in Canada and the USA through focused, strategic expansion. Grosvenor Americas uses their knowledge of the cities they work in and their property skills to develop projects that contribute to the vibrancy and attractiveness of those communities. With particular interest in retail, residential condominiums and apartments, and mixed-use sectors, the Company currently operates in Washington, D.C., Seattle, San Francisco, Los Angeles, Vancouver and Calgary. As at 31 December 2016, Grosvenor Americas had assets under management of $4.6B www.grosvenor.com Twitter: @GrosvenorAmer
Founded in New York City, in 1932, The House of Harry Winston continues to set the standard for the ultimate in fine jewelry and high-end watch making. From the acquisition of some of the world’s most famous gemstones, including the Jonker, Hope and Winston Legacy Diamonds, to adorning Hollywood’s leading ladies on the red carpet, for over eight decades, Harry Winston has been a symbol of the best there is. Headquartered in New York, the company operates retail salons worldwide, in locations including: New York, Beverly Hills, London, Paris, Genève, Tokyo, Hong Kong and Shanghai.