A luxury hotel project on the western end of the Sunset Strip in West Hollywood has received $260 million in financing, according to the Los Angeles Times. The project, headed by New York developer Witkoff Group, will be the first West Coast outpost for the Edition hotel brand, a collaboration between Marriott International and Ian Schrager, a boutique hotelier.

According to the Times, financing was arranged by Jones Lang Lasalle and will cover most of the estimated $300 million construction budget.

The hotel at Sunset Boulevard and Doheny Drive will include up to 20 expensive condos.