The landmark Century Plaza Hotel in Los Angeles, CA is currently in the midst of a $2.5 billion redevelopment project and will reopen in 2018. Luxury hotel operator Fairmont Hotels & Resorts, now part of the AccorHotels Group, and Next Century Associates has announced the signing of agreements for the management of the historic hotel, located in the heart of Century City. The iconic, crescent shaped hotel has hosted generations of Hollywood celebrities, foreign dignitaries and every United States President since its opening in 1966. The hotel is currently undergoing a meticulous restoration and is slated to re-open as Fairmont Century Plaza, Los Angeles in 2018.
The addition of a landmark hotel in a strategic US market supports AccorHotels’ goal of brand growth and expansion, particularly in the luxury space. The signing of this project follows AccorHotels’ 2016 acquisition of Fairmont Hotels & Resorts, along with sister brands Raffles and Swissôtel, which broadened the company’s luxury hotel offerings and footprint in North America.
The $2.5 billion mixed-use redevelopment project includes approximately 394 guestrooms and 63 residences within the original iconic building, along with two new 46-story luxury residential towers with 290 residences and approximately 100,000 square feet of boutique shopping and expanded parking facilities.
Originally designed by Minoru Yamasaki, Fairmont Century Plaza will be transformed by world-renowned architecture firms Pei Cobb Freed, Gensler and Marmol Radzinger and the internationally acclaimed design group Yabu Pushelberg. The team will revision the hotel’s renowned lobby, connecting it to a series of public plazas and fountains with two-acres of open space and gardens, surrounded by restaurants and retail boutiques.
The Los Angeles landmark resides on a six acre site within one of the most prominent neighborhoods in the world. Built on the former backlot of 20th Century Fox Studios, the hotel faces the famous fountains at the intersection of Avenue of the Stars and Constellation Boulevard. The property is surrounded by over 10 million square feet of class ‘A’ offices, residences, restaurants, retail, and entertainment venues, and is adjacent to Beverly Hills, one of the highest grossing retail areas in the United States.
Fairmont is expanding its strong partnership with Woodridge Capital Partners, a Los Angeles based real estate development and investment company. The two companies have enjoyed success together at Fairmont San Francisco and Fairmont Orchid in Hawaii.
Fairmont Century Plaza will add to Fairmont’s presence in California, joining a collection of hotels that include the brand’s flagship hotel, the Fairmont San Francisco; Fairmont Sonoma Mission Inn & Spa; Fairmont San Jose in Silicon Valley; Claremont Club & Spa, A Fairmont Hotel in Berkeley; Fairmont Heritage Place Ghirardelli Square, San Francisco; Fairmont Miramar Hotel & Bungalows in Santa Monica; and Fairmont Grand Del Mar in San Diego.
With more than 70 hotels worldwide, Fairmont continues to expand globally with recent openings including Fairmont Quasar Istanbul, Fairmont Chengdu in Western China and Fairmont Fujairah in the Middle East. New luxury hotels scheduled to open later in 2017 include Fairmont Amman in Jordan and Fairmont Riyadh in Saudi Arabia. Fairmont will also open the newest and largest hotel in Austin, TX later this year.
Fairmont Hotels & Resorts is a luxury brand that consistently rates among the best in the world in customer-based rankings such as the TripAdvisor awards, as well as industry and media awards such as the AAA Five Diamond Ratings, the Condé Nast Traveler Gold List, and Travel + Leisure’s 500 World’s Best Hotels.
Are you excited about this new Fairmont hotel opening in Los Angeles?