 |
 |
 |
 |
 |
|||
 |
|||
 |
|||
 |
 |
 |
 |
 |
The
Lodge at Torrey Pines
What: A five-diamond, 175-room
luxury resort designed in the California Craftsman style, with two restaurants,
13,000 square feet of meeting space, retail shops and a full-service,
9,500 square foot spa.
Where: Along North Torrey Pines Road in La Jolla, adjacent to the 18th hole of the Torrey Pines Golf Course. An older, 74-unit motel, the Inn at Torrey Pines, was demolished to make room for the construction of the Lodge.
Who: The City of San Diego is the land owner. Evans Hotels is the lessee, developer and operator. The City owns the adjacent Torrey Pines Golf Course.
When: The Lodge opened in February of 2003, receiving its coveted five-diamond rating in its very first year of operation.
How much: Over $50 million was spent developing The Lodge.
MR&A’s role: As business advisor to the City’s Real Estate Assets Division, Mr. Robinson assisted in the lease negotiations with Evans Hotels in 2000. The lessee was willing to demolish his existing motel and construct the Lodge on the City’s property, and Mr. Robinson was able to provide the financial analysis and deal structuring skills needed to execute a lease amendment to allow the new development to occur.
Results: The Lodge at Torrey Pines is the only five-diamond hotel in the City of San Diego, with operating results exceeding all expectations. Its fine dining restaurant, A.R. Valentein, has won numerous awards for its outstanding California cuisine.
Where: Along North Torrey Pines Road in La Jolla, adjacent to the 18th hole of the Torrey Pines Golf Course. An older, 74-unit motel, the Inn at Torrey Pines, was demolished to make room for the construction of the Lodge.
Who: The City of San Diego is the land owner. Evans Hotels is the lessee, developer and operator. The City owns the adjacent Torrey Pines Golf Course.
When: The Lodge opened in February of 2003, receiving its coveted five-diamond rating in its very first year of operation.
How much: Over $50 million was spent developing The Lodge.
MR&A’s role: As business advisor to the City’s Real Estate Assets Division, Mr. Robinson assisted in the lease negotiations with Evans Hotels in 2000. The lessee was willing to demolish his existing motel and construct the Lodge on the City’s property, and Mr. Robinson was able to provide the financial analysis and deal structuring skills needed to execute a lease amendment to allow the new development to occur.
Results: The Lodge at Torrey Pines is the only five-diamond hotel in the City of San Diego, with operating results exceeding all expectations. Its fine dining restaurant, A.R. Valentein, has won numerous awards for its outstanding California cuisine.
HOME | ABOUT US | SERVICES | CASE STUDIES | CONTACT US | SITE MAP
©Maurice Robinson & Associates LLC