Fairmont Scottsdale Princess completes $60M upgrade

Fairmont Scottsdale Princess announced the completion of the final phase of its full-scale, five-year $60-million property renovation plan. The improvements coincide with the resort's 25th anniversary in December 2012. The Fairmont Scottsdale Princess is owned by a joint venture between Strategic Hotels & Resorts Inc. and Walton Street Capital. The resort's renovation strategy is the innovation of Strategic Hotels, which also serves as the resort's asset manager.

Set to be completed in spring 2013, the final $25-million phase of the resort's renovation plan includes the debut of the Palomino Conference Center and remodeling of the Princess Conference Center; the introduction of the Well & Being at Willow Stream Spa; the outdoor enhancement of Michael Mina's Bourbon Steak; the addition of a "living wall" to the resort's facade; the re-conceptualization of the resort's three-meal restaurant, LV Bistro; and enhancing of the Fragrance Garden for weddings and group events.

For the hotel's earlier phases of renovations, additions and enhancements were completed from 2007 to 2010. This included renovated guestrooms and lobby, the new Fairmont Gold Lounge, new fire and water features throughout the resort grounds, new Bobcat Billy's Clubhouse for kids, as well as dining and nightlife additions, including Michael Mina's Bourbon Steak, Stone Rose Lounge and the re-opened La Hacienda with Richard Sandoval.

With the addition of the new Palomino Conference Center, Fairmont Scottsdale Princess now offers 156,000 square feet of indoor and outdoor meetings and events space, making it the largest meetings resort in the Fairmont Hotels & Resorts portfolio worldwide. This equates to 106,000 square feet of indoor space and 50,000 square feet of outdoor space, comprised of 21 unique and authentically local outdoor venues, two 23,000 square feet ballrooms and 47 meeting rooms, several with their own patios.

 

Adjacent to the existing Princess Conference Center near the resort's main entrance, the new Palomino Conference Center adds 52,331 square feet of meeting space, anchored by the 23,000 square foot Palomino Ballroom. The new conference space also features modern design elements, such as "nano" tech bi-folding glass doors to showcase the outdoor vistas and warm Arizona climate. The center offers larger break-out areas and additional move-in/move-out flexibility for meeting planners' production staff. The Palomino Conference Center's dedicated porte-cochere and outside veranda will feature a fountain and provide seating where participants can relax between meeting sessions.

As part of the multi-million dollar renovation, the Fairmont Scottsdale Princess refurbished its existing 23,000-square-foot ballroom and meeting space with contemporary furnishings, lighting, Frank Lloyd Wright-inspired carpeting and other finishes. The renewal incorporates design transitions between existing and new spaces, including private walkways between the two ballrooms.

Beginning Jan. 1, 2013, Fairmont Scottsdale Princess will be the first luxury resort to implement Well & Being's fully-customized wellness experience. Managed by Trilogy Spa Holdings, Well & Being is a wellness and integrated medicine program.

New culinary enhancements include Michael Mina's Bourbon Steak, a AAA Four Diamond contemporary steakhouse, which will have its outdoor space enhanced as part of the resort's master renovation. The revamped patio area will feature couches and lounge areas with seating for an additional 30 to 40 guests, a fire pit as the focal point, as well as retractable sun shades. The expanded patio is also on offer for private events. Future plans call for an outdoor exhibition kitchen.

 

LV Bistro, the resort's restaurant for breakfast, lunch and dinner, will be renamed and rebranded, in consultation with celebrity chef Richard Sandoval. The new restaurant will be American wood-fired cuisine, offering an all-day menu.

Fairmont Scottsdale Princess is transforming the Princess Shop, the resort's retail and sundries location, by adding a coffee market.

Other new upcoming features include a "living wall," a system of plants and flowers that drape the main resort building in greenery. The design will be on the front wall in Princess Plaza, and in back facing the South Pool, making it one of the largest living wall displays in the US. The Fairmont Scottsdale Princess will use reclaimed water to irrigate this vertical garden, and its full coverage of the facade will add a layer of insulation, promoting energy efficiency and reducing costs. The foliage will integrate native cactus succulents and colorful vinca.

Fairmont Scottsdale Princess is also revitalizing its Fragrance Garden, a venue for weddings. This site will be transformed with tall gates, trellis plantings, fire and water features, and arrays of flowers.

The Scottsdale Princess, which has been wearing a sunset shade of pink since opening in 1987, is similarly getting a fresh, updated look. The resort is being entirely repainted to be off-white, trimmed in desert sage and slate gray.

The resort is located at 7575 East Princess Drive in Scottsdale. The property was acquired by Strategic Hotels & Resorts in 2006. In 2011, the company recapitalized the property through a 50/50 joint venture with Walton Street Capital, with Strategic Hotels serving as the managing member and the property's asset manager.

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