Rosewood Miramar Beach Montecito To Open 2018

Oceanfront location will be third California property for Rosewood Hotels & Resorts®

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Jun 03, 2015, 12:00 ET

LOS ANGELES, June 3, 2015 /PRNewswire/ -- Rosewood Hotels & Resorts^® has been appointed by Caruso Affiliated, one of the largest, privately held real estate development companies in the U.S., to manage Rosewood Miramar Beach Montecito which will open in 2018 as Rosewood's third property in California. Located approximately 80 miles northwest of Los Angeles, Montecito is situated within the county of Santa Barbara and is one of the nation's most affluent and exclusive areas. The region is renowned for its stunning landscape, pleasant year-round climate and spectacular residential architecture. The resort will be located on the site of the former Miramar Beach Hotel, an important landmark in the local community, and will serve as a world-class destination and a gathering place for both locals and visitors.

Rosewood Miramar Beach | Photo Credit: Caruso Affiliated

Spread over nearly 16 acres of prime beachfront real estate, Rosewood Miramar Beach Montecito will offer 122 guestrooms and 48 suites, many of which will be located in single-story cottages and bungalows. Amenities will include an oceanside bar and restaurant with an outdoor terrace, a signature restaurant, two swimming pools, a Sense^®spa, a state-of-the-art fitness center, beach club and screening room. In addition, there will be 12,000 square feet of indoor and outdoor event space including a 6,000-square-foot ballroom.

The site of the Rosewood Miramar Beach Montecito is considered to be one of the most beautiful, pristine and secluded beaches in Santa Barbara. Guests staying in the oceanfront suites and rooms will be able to walk directly from their accommodations onto the sand.

"Rosewood Miramar Beach Montecito will be a perfect illustration of Rosewood's philosophy of A Sense of Place," says Sonia Cheng, chief executive officer, Rosewood Hotel Group. "The resort will combine a relaxed California atmosphere with intuitive service and a picturesque, beachfront setting. We look forward to working closely with Caruso Affiliated, a best-in-class developer, to bring this long-awaited resort to life."

"We are delighted that our project is finally coming to fruition, and Rosewood Hotels & Resorts is the perfect operator and one that shares our vision on delivering a world-class experience," said Rick J. Caruso, founder and chief executive officer, Caruso Affiliated. "The historic location of the Rosewood Miramar Beach Montecito provides the perfect landscape to create a property that not only honors this landmark site, but also draws inspiration from the existing natural beauty of the region and continues to enhance the Montecito community."

About Rosewood Hotels & Resorts^®

Rosewood Hotels & Resorts^® manages 18 one-of-a-kind luxury properties in 11 countries, with 11 new hotels under development. Each Rosewood hotel embraces the brand's A Sense of Place^® philosophy to reflect the individual location's history, culture and sensibilities. The Rosewood collection includes some of the world's most legendary hotels and resorts, including The Carlyle, A Rosewood Hotel in New York, Rosewood Mansion on Turtle Creek in Dallas and Hotel de Crillon, A Rosewood Hotel in Paris, as well as new classics such as Rosewood Beijing. Rosewood Hotels & Resorts targets 50 hotels in operation by 2020.

For more information: rosewoodhotels.com

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About Caruso Affiliated

Caruso Affiliated is one of the largest, privately held real estate development companies in the U.S. All of its properties are distinguished by a unique combination of architectural and design excellence, an unparalleled guest experience and a dedication to serving the local community – transforming them into central gathering places for residents and tourists alike. Caruso Affiliated develops, owns and manages a growing portfolio of world-class high-quality retail, mixed-use, and hospitality assets. The company is currently investing more than one billion dollars in new projects in California, including a five-star oceanfront resort in Montecito; a mixed-use luxury 20-story residential tower in the heart of Los Angeles; mixed-use creative office space in Glendale; reinventing an entire retail street in Los Angeles' Pacific Palisades neighborhood; and an open-air retail, dining and entertainment promenade and open space project in Carlsbad.

For more information: carusoaffiliated.com

Photo - http://photos.prnewswire.com/prnh/20150603/220550

SOURCE Rosewood Hotels & Resorts