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Developer Taps Former Ritz-Carlton Exec to Manage $185M Resort

PARADISE VALLEY, AZ-With construction just weeks away, Crown Realty & Development Corp. lines up noted hotelier Horst Schulze to manage the Montelucia Resort, Spa & Residences. The agreement ends a two-year search for an overseer.

By Jennifer D. Duell | Updated on April 21, 2005

PARADISE VALLEY, AZ-Renowned hotelier Horst Schulze and his firm, West Paces Hotel Group LLC, have been tapped to manage the $185-million Montelucia Resort, Spa & Residences. The large-scale makeover of the shuttered hotel is set to begin next month.

Robert Flaxman, president of Crown Realty & Development Corp., says he’s searched for two years to fit the right management company for Montelucia before deciding upon Schulze, who was the driving force behind the Ritz-Carlton brand. Schulze, who launched his Atlanta-based West Paces Hotel Group in 2002, will be training and managing a service staff of 300 full-time hotel and residential employees for Montelucia, according to Flaxman. A grand opening is planned for fall 2006.

Situated on 28 acres with Camelback Mountain in the background, Montelucia will take the place of the existing La Posada resort. It is designed to cater to the luxury-class traveler, high-end groups and elite social functions. Montelucia will include 157 high-end hotel rooms, signature restaurant with indoor and al fresco seating, 30,000-sf spa, grand ballroom, meeting space, boutique shopping and a wedding chapel with outdoor garden.

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