Terranea Resort Breaks Ground in Rancho Palos Verdes
On March 7, 2007, a historic ground-breaking ceremony took place at the former site of Marineland in Rancho Palos Verdes to begin the construction of the 582 room, $450 million resort by Lowe Enterprises of Brentwood. Construction completion is scheduled for Spring 2009. Elements of the new resort include:
A 360 Room hotel, along with 20 two-bedroom bungalows, 50 three-bedroom casitas and 32 two and three-bedroom villas. In December 2005, 36 ocean casitas and 15 ocean vills were reserved for purchase for more than $120 million.
A 25,000 square foot ocean-front spa with 24 tretment rooms, a 5,000 square foot gym and three ocean-view swimming pools
Three restaurants and six other bars and snack bars, all with ocean views, including a cliff-side bar
A main ballroom and 31 meeting rooms totaling 141,000 square feet
An executive 9 hole golf course
