By Staff Report / Monday, October 10th, 2016 / Latest news, Tourism / Comments Off on Caruso breaks ground on Miramar resort
What a difference a decade makes. After 10 years of community wrangling and delays obtaining financing, Los Angeles developer Rick Caruso turned a ceremonial shovelful of dirt on Oct. 10 to launch construction of the Rosewood Miramar Beach Montecito. Under a blue sky broken by a few puffy white clouds, Caruso, Rosewood CEO Radha Read More →
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The long-awaited redevelopment of the Miramar resort in Montecito will likely come to fruition in summer 2018, Caruso Affiliated announced on Sept. 23. Hong Kong-based luxury resort operator Rosewood Hotels & Resorts will run the Rosewood Miramar Beach Montecito resort at 1555 S. Jameson Lane. The tentative plan is to start site grading in November, Read More →
The controversial multimillion-dollar revival of the Miramar Hotel and Resort in Montecito is moving forward after the Montecito Water District allowed developer Rick Caruso to increase the size of the project’s water meters. The MWD initially denied the newest iteration of the long-debated Miramar project because of the district’s severe water shortage. The issue at Read More →
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New managers of the Paseo Nuevo Shops & Restaurants in downtown Santa Barbara plan to renovate the open-air shopping center. El Segundo-based Pacific Retail Capital Partners and New York-based Silverpeak Real Estate Partners announced on Oct. 29 a joint venture with Paseo’s owner, J.P. Morgan Asset Management. Los Angeles-based BMW Realty Advisors, led by co-founder Read More →