Is The Mondrian Palm Springs Ever Going to Happen?
We won't lead you on any longer. The answer is a big fat NO. Here's what happened:
Five years ago, long before the economic collapse, Mondrian Hotels announced their plans to develop a hotel across from the Palm Springs Convention Center at Calle Alvarado and Amado. The hotel was shelved for obvious reasons after the markets tanked but yet was revived back in 2011. A Mondrian was still expected to rise with 200 hotels room and residences.
But somewhere along the road, that deal fell apart. (Perhaps because of Mondrian's parent company's internal woes.) And it was only just this past March, that developer CDI Ventures actuallyl got the official go ahead from the city of Palm Springs to purchase the land and develop a five-star luxury hotel. And guess who will be running it?
According to the City Council Staff Report, the hotel will now be a Dolce Resort, a small company who also manages the Silverado Resort in Napa. We also learned the will have two restaurants, a lounge and bar, a spa and a workout facility. Plus residential condos, at least 50 and up to 150.
The good news is construction is expected to start no later than December 31, 2013. Which means we could have a new luxury hotel in Palm Springs by 2015. As always, we'll keep you posted!
[Photos: HotelChatter and Google Maps]