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Fairmont Has Large Number of Mixed-use
Projects in Development Pipeline
TORONTO - Fairmont Hotels & Resorts continues to expand its brand presence globally, with a number of exciting hotel and mixed-use projects in its development pipeline. Located throughout the world, these properties will be introduced over the course of the next few years and include hotels in Kenya, Cairo, Abu Dhabi, Vancouver, South Africa and Asia.

2006/2007

Fairmont will rebrand four Kenyan hotels in late-2007. The collection encompasses The Norfolk Hotel in Nairobi, the Mount Kenya Safari Club, the Ark and the Mara Safari Club. Plans are underway for $35 million in phased enhancements to these properties.  Project partners include Kingdom Hotel Investment Group and IFA Hotels & Resorts.

Fairmont will once again welcome guests to the world’s most famous hotel. Manhattan’s Plaza Hotel, owned by ELAD Properties and Kingdom Hotel Investment Group, is currently undergoing an extensive $350 million renovation which will feature 282 oversized luxurious suites. The restored Plaza will also contain 182 elegant private residences and high-end retail stores.  The great public spaces, the Palm Court, the Oak Bar and Oak Room, the Terrace Room and the Grand Ballroom and the Edwardian Room, will be accurately and thoughtfully restored, including a replica of the original stained glass ceiling in the Palm Court.  The hotel is scheduled for soft opening in mid-2007, and will celebrate the landmark property’s centennial anniversary with a grand re-opening gala in October 2007.

The 552-room Fairmont Cairo, Nile City, is scheduled to open late 2007.  Overlooking Egypt’s Nile River, The Fairmont Cairo will be just 30 minutes from the Sphinx and Great Pyramids of Giza.  It will house four restaurants, four bars and lounges, a business center and meeting space.  The rooftop, overlooking the Nile and the Pyramids, will feature one of the restaurants, an outdoor swimming pool, a hot tub and outdoor function space.  Project partners include Nile City Investments Company and Kingdom Hotel Investment Group. 

2008/2009/2010

Opening in early 2008, Fairmont Heritage Place Ghiradelli Square will bring an exclusive urban private residence club to one of San Francisco’s most historic neighborhoods. Located in the original chocolate factories, the residences will offer extraordinary views of San Francisco Bay and Alcatraz Island. This new addition to the Fairmont Heritage Place collection will be at the center of a revitalized Ghiradelli Square, which will also include high-end retail, fine dining restaurants, art galleries and spa facilities in an intimate, European plaza experience.  Project partner includes JMA Ventures, LLC.

The Fairmont Palm Island and the Fairmont Palm Residences are scheduled to open 2008 on The Palm, Jumeirah.  The complex will be comprised of a 400-room luxury resort with 460 vacation ownership residences. The hotel will include extensive meeting space, outdoor leisure facilities including a beach club and beach restaurant, a pool complex and children's activity center, as well as a variety of dining facilities featuring sea, garden or pool views and a Willow Stream spa.  Project partners include Kingdom Hotel Investment Group and IFA Hotels & Resorts.

Fairmont also has plans to open a second property on The Palm Jumeirah that will be located on the outer crescent of the island.  Yet to be named, this resort destination will be a combination of 400-traditional hotel rooms, vacation ownership, and free hold ownership units. Project partners include IFA Hotels & Resorts and Kingdom Hotel Investment Group. Opening is scheduled for 2009.

The Fairmont Abu Dhabi Resort & Villas will be located within the new Marina City Development, consisting of 24 high rise residential towers connected by a four-level podium of commercial office space, food and beverage outlets and retail space, all with underground parking.  The hotel will feature 400 guestrooms and suites plus 100 one and two-bedroom long-term serviced apartments, a Willow Stream spa, banquet space, and food and beverage outlets.  Fairmont will manage the resort on behalf of the Abu Dhabi- based National Investment Corporation.   The opening is scheduled for late 2009.

The Fairmont Residences, Indian Wells, located in California near Palm Springs, is expected to open in early 2009. The development is adjacent to two 18-hole championship golf courses, and will include 155 residences comprised of luxury studio, one-, two- and three-bedroom units.  The property will feature a concierge, restaurant, health club and outdoor pool.  Project partner include Miles Avenue Development, LLC.

The Fairmont Tamarack, by design from Stefi Graf and Andre Agassi, will be an all-season mountain destination built in two locations at the Tamarack Resort, 90 miles north of Boise, Idaho. Situated within the village, the resort will feature 225 luxurious condo-hotel units that offer scenic views of Tamarack’s mountain, championship golf course and Lake Cascade, in addition to private residence club units and a European-style spa. An additional 35 private residences will be built mid-mountain, offering exceptional ski-in/ski-out access.  Project partners include Agassi Graf Development LLC and Bayview Financial(R) L.P. The opening is scheduled for 2009.

Located in the South African province of KwaZulu-Natal, the Fairmont Zimbali, opening 2009, will feature a 150- luxury resort hotel, championship golf course, full-service spa and vacation ownership products, including Fairmont Heritage Place.   Project partners include IFA Hotels & Resorts.

Located across from the Vancouver convention center the Fairmont Pacific Rim will include a 415-room luxury hotel and 200 residential condos when it opens in late 2009.  The hotel will have an unrivalled location adjacent to the Vancouver Conference Center expansion and will provide spectacular views of Stanley Park, the Burrard Inlet, the North Shore Mountains and the city of Vancouver.  Project partners include Westbank and Peterson Investment Group.

Fairmont will manage the new luxury mixed-use development in Seaside on the Monterey Bay in Northern California, scheduled for completion in 2009.  The hotel will feature 330 rooms and suites, 160 of which will be situated in secluded bungalows, 24,000 square feet of meeting space, 14,000 square-foot Willow Stream spa, several dining outlets and an outdoor pool. Fairmont will also assume management of the existing 36-hole championship Bayonet and Black Horse golf course facility.  In addition, a residential component is planned with 170 condominiums and 125 single-family lots.

Fairmont Raffles Holdings International has announced the addition of 1,200 rooms to the Cotai Strip, currently being developed in Macao, China.  In addition to the 1,200 rooms to be managed by Fairmont and Raffles, approximately 300,000 sq ft will be allotted for a Raffles branded residential product. The complex will also feature entertainment and casino gaming facilities as well as prime retail space. Project partners include the Las Vegas Sands Corporation. The opening is scheduled for 2010.

Featuring a collection of fabled castles, secluded lodges, storied meeting places and modern retreats, Fairmont Hotels & Resorts opens the doors to some of the world's most celebrated addresses. With locations throughout ten countries, our 50 distinctive hotels - including The Fairmont San Francisco, The Fairmont Banff Springs and London's Savoy - promise travelers rich experiences and lasting memories in unparalleled settings. Fairmont Raffles Holdings International owns and operates over 120 hotels worldwide under the Fairmont, Raffles, Swissôtel and Delta brands, as well as vacation ownership properties managed by Fairmont Heritage Place. 

Contact:

Lori Holland 
Fairmont Hotels & Resorts 
212/715-7098 
lori.holland@fairmont.com

 

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Also See: Fairmont To Manage a 126-unit Fairmont Residence Club in Indian Wells, California at Miles Avenue and State Highway 111 / December 2005
The 152 Hotel Condominium Residences at The Plaza Will Appeal to Purchasers Who Want to “Own a Piece of the Plaza,” Share its History; Storied Hotel Will Also Feature 130 Oversized Rooms for Guests / July 2006
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