|
|
|
Terranea, which opened last week on the old Marineland site in Rancho Palos Verdes, and the Resort at Pelican Hill near Newport Beach may be the last big resort compounds to be developed on the Southern California shoreline, says former L.A. Times travel writer Valli Herman in the June issue of Orange Coast magazine. It's not just the tanking economy, though that doesn't help.
Building an ocean-view luxury resort is an undertaking so enormous it tests the perseverance of anyone who dares. The fundamentals required for large-scale resorts‹huge chunks of gorgeous, well-located land, deep-pocketed and patient developers, and high numbers of well-funded guests‹are in short supply and shrinking by the day....Oceanfront development is at a virtual standstill.
Rick Caruso may beg to differ: his replacement for the Miramar in Montecito finally has some momentum. Meanwhile, Orange County's St. Regis Monarch Beach Resort & Spa filed for bankruptcy last week.
© 2003-2009 • About LA Observed • Email the editor
| CBS and ABC have far bigger fish to fry - namely whether their stations can get back the auto and retail advertising that fell off a cliff in 2009.
| Searching for answers after a third loss this year.
| Jihad and cash offers meet American soldiers during the Gulf War, and beyond.
| After a tough year financially, the Museum of Contemporary Art put on a gala party to celebrate with 1,000 of its closest friends.
One of the last of Doug Ring’s many good deeds was a visit to the Los Angeles Times editorial board with members of Housing LA, an organization advocating affordable housing for the thousands of residents being forced out of the city by high rents.
Sponsors
Blogads
Get RSS Feeds
of LA Observed
of LA Observed
LA Observed publishes several Real Simple Syndication feeds for easy scanning of headlines. If you wish to subscribe to a feed, most popular RSS readers will do it for you. You can also enter the web address from the XML button below or click on a specific feed. For more help with RSS, try here or here.
