SANTA BARBARA, CA-GlobeSt.com has exclusively learned that Los Angeles-based Bernards is implementing the $46-million El Encanto restoration and rebuild project. The five-star, Santa Barbara resort hotel is owned and operated by Orient–Express Hotels Ltd.
The hotel is currently closed for refurbishment and will reopen in March 2013. “We are replacing the main hotel, which was built in 1913, with a meticulously constructed, recreation of the period architecture,” explains Michael Cawlina, president of Bernards management services division. The new hotel structure, which was designed by Gensler, will provide modern-day facilities and services such as a boutique spa, fitness center and outdoor zero-edge pool, as well as underground parking.
The resort is located on a secluded site overlooking the Pacific Ocean and city lights. The property’s Craftsman- and Spanish Colonial Revival-style bungalows, will be restored to “strengthen their structures, meet code and upgrade interiors,” according to Bernards. The firm will also add 13 new Spanish Colonial Revival-style cottages, bringing total guest accommodations to 92 suites and rooms.
Ali Kasikci, regional managing director for North America, Mexico and the Caribbean at Orient-Express, tells GlobeSt.com that “The coastal counties of California have made a very strong recovery with most at or near capacity occupancies, and experiencing a strong ADR growth. Growth should continue into 2013, mostly coming from rate, as occupancy has only a limited capacity, therefore hampered ability to grow further. Inland counties are growing as well, but more modestly and have a longer way to go.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
