Caruso breaks ground on Miramar resort not a moment too soon
You might call it “Rick Caruso moment, take two.” A couple of years ago I coined the phrase “Rick Caruso moment” to describe the curious phenomenon on the Central Coast where projects don’t really begin – they just move forward on their own momentum after the last opponents fade away. Such was the case, I Read More →
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 →
Miramar resort redevelopment expected to be finished in 2018
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Redeveloped Miramar resort in Montecito to open in summer 2018
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 →
Caruso’s Miramar hotel revival gets OK to begin construction
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 →
High-end hotelier Rosewood will run Caruso’s Miramar resort
With luxury resort operator Rosewood Hotels & Resorts signed on to run the Miramar resort and a large construction loan secured, some of the final pieces of the nearly decade-long puzzle are falling into place. Terms of the agreement weren’t disclosed when the deal was announced on June 3. But talks between the two firms Read More →
Dubroff: Rick Caruso gets his moment and Miramar gets the green light
It’s worth noting that Volume 1, Issue 1 of the Business Times, written slightly more than 15 years ago, featured a story about the first plans for reconstructing the Miramar.