The Hotel del Coronado, part of Curio Collection by Hilton, plans to restore and revitalize the hotel's historic Victorian building with a more than $160 million investment, marking the next and final phase of Blackstone Real Estate's more than $550 million development plan to preserve and enhance the National Historic Landmark property. The upgrades will encompass all Victorian guestrooms, suites and event spaces, such as the iconic Crown Room, with a targeted completion date of spring 2025.
"We are thrilled to embark on this exciting and final journey of Blackstone's investment in this one-of-a-kind resort," Hotel del Coronado Managing Director Harold Rapoza said in a statement. "The Victorian building holds a special place in the hearts of our guests, and we are dedicated to preserving its historical significance while elevating the bespoke guest experience to new heights."
The Victorian building is the original beachfront hotel established in 1888.
"Since our more than $550 million investment plan began in 2018, we have worked diligently to preserve The Del as a National Historic Landmark while cementing the property's status as an iconic and timeless destination for generations to come," added Rob Harper, head of real estate asset management Americas at Blackstone. "We are immensely proud of the thoughtful work completed to date and look forward to partnering with the local teams to make this next phase of the project a reality."
Led by Wimberly Interiors in partnership with WATG's California architecture studio, the design for the Victorian building celebrates the legacy of the property, ensuring the public areas remain truly Victorian with original finishes remaining intact, but with contemporary design enhancements to bathrooms, furnishing, artwork and state-of-the-art technologies to elevate the level of comfort and luxury.
David Marshall of Heritage Architecture & Planning is leading the Victorian guestroom redesign effort with the same vigor and attention to detail that awarded the firm a "Preservation Project of The Year" honor from the Save Our Heritage Organization, as well as a "Preservation Design Award" from the California Preservation Foundation, following their extensive and diligent reconstruction of the hotel's front porch and lobby areas.
Beginning in 2018, Hotel del Coronado embarked on a renovation and development plan, facilitated by Blackstone Real Estate.