The legendary Fairmont Hotel in Santa Monica has just released its 4th plan for a major renovation after community and government feedback.
The hotel, owned by Michael Dell’s MSD Capital LP fund, released its newest plan which calls for a low rise modern update with a glass exterior.
The hotel will have a large amount of public open space along Ocean Boulevard centered Moreton Bay Fig Tree.
Robert Chattel, president of the project’s historic preservation consultancy Chattel Inc., said in a statement to the city regarding the tree:
“The Moreton Bay Fig Tree is proposed to be the iconic focal point of the Miramar Gardens, which is designed to both celebrate the tree, provide appropriate features that encourage public enjoyment of the tree while subtly discouraging physical interaction and promote the long-term health of the tree,”
The hotel after the planned renovation will include: 312 updated hotel rooms and 60 condominiums. An additional proposed 11,500 square feet of restaurant space will include space for the existing Fig Restaurant and The Bungalow on the second floor along with a 10,000-square-foot ballroom.
The exact renovation budget was not given but estimated to be in the hundreds of millions of dollars.
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