Early history In 1906,
Burton E. Green (1868–1965) and other investors purchased the property that would become
Beverly Hills, formerly named
Rancho Rodeo de las Aguas, with plans for a mixed-use
subdivision with a branch of the
Los Angeles and Pacific Railway running North on Rodeo Drive before turning west at
Sunset Boulevard. They
platted the street that very year, in 1906. By 1907, parcels on Rodeo were selling for $1,100 each. It became a bridle path in 1912, when the
Beverly Hills Hotel was built on a former lima bean field.
Pacific Electric Red Cars operated over the street to the Beverly Hills Hotel as the
Coldwater Canyon Line between 1907 and 1923. The central part of Rodeo eventually became a business street with hardware stores, gas stations, The
Anderton Court Shops building at 332 N. Rodeo was designed by
Frank Lloyd Wright in 1952. In 1958, real estate developer
Marvin Kratter bought of land at the corner of Rodeo and
Wilshire Boulevard from the city of Beverly Hills.
Origin of a new image parked in front of the
Gucci store In 1961
Fred Hayman, "the father of Rodeo Drive," opened
Giorgio Beverly Hills, the street's first high-end boutique. In 1968
Aldo Gucci opened a store on Rodeo, which catalyzed the process by which the street took on its present form.
Van Cleef & Arpels opened in 1969, followed by a
Vidal Sassoon salon in 1970. The
Polo Store, the brand's first freestanding store, opened in 1971. According to a former co-chair of the "Rodeo Drive Committee," Richard Carroll, the transformation of Rodeo Drive into an international center of fashionable shopping was sparked in 1971 with the opening of a new wing of the
Beverly Wilshire. In 1977 the Rodeo Drive Committee "launched a publicity campaign designed to make everyone around the world think of Rodeo Drive as the shopping street of the rich and famous." The RDC wanted to make Rodeo Drive an economic engine for Beverly Hills and spread the image of a "culturally elite lifestyle." In 1976,
Bijan Pakzad opened a showroom on Rodeo, which helped to solidify "Rodeo Drive's reputation as a luxury shopping destination." Pakzad touted his Rodeo Drive store as "the most expensive in the world," but, as ''
Women's Wear Daily'' notes in relation to the claim, "he was known for hyperbole." and by 1980 the city of Beverly Hills estimated that the Rodeo Drive shopping district accounted for as much as 25% of its sales tax revenues. The "Rodeo Collection," a 45-store, shopping mall at 421 N. Rodeo Drive. The building is only four stories high with the first floor below street level in order to satisfy local building codes. The retail space initially leased for as much as $120 per square foot, which, according to an executive with commercial real estate firm
Julien J. Studley, was "the highest price for any kind of space in the Los Angeles Area." In the early 1990s, Rodeo Drive was ranked 4th most-visited destination in the Los Angeles area (after Disneyland,
Knott's Berry Farm and
Universal Studios). Two Rodeo Drive, another outdoor shopping center, was built in 1990. It initially housed, amongst other stores,
Christian Dior and
Valentino. The original developer, Douglas Stitzel, sold the property for about $200 million immediately after its completion. Some architects have claimed that Two Rodeo Drive is similar to a "theme park in the manner of Disneyland."
Walk of Style , 2013. In 2003, Rodeo Drive was given an $18 million makeover which included widening the streets and the addition of crosswalks. The ficus trees lining the street were taken out and replaced with palm trees. In September of the same year, the Rodeo Drive Committee developed the
Rodeo Drive Walk of Style. The Walk of Style features plaques set in the sidewalks along Rodeo Drive. Fashion icons are honored with the award for their work in style and fashion. At the intersection of Rodeo Drive and Dayton Way is the nude sculpture entitled "Torso." This statue was created by sculptor
Robert Graham and is the symbol for the Rodeo Drive Walk of Style. Recipients of the Rodeo Drive Walk of Style Award receive a "Torso" maquette also designed by artist Robert Graham. The French fashion firm
Lanvin opened a store on Rodeo Drive in 2011.
2020 lootings In May 2020, several of Rodeo Drive's businesses were damaged and looted following the
murder of George Floyd. It was reported that several windows were broken and many of the looted buildings were vandalized by spray paint. == Events ==