MONTECITO, Calif. - Residents could see construction on the former Miramar Hotel property beginning in February.
The location will be the company's third property in the Golden State. The hotel will have 122 guest rooms and 48 suites, including the iconic cottages and bungalows that many people remember from the hotel's heyday.
"There's been a lot of people who've moved to Montecito who never knew there was a real hotel here with a great history to it," said resident Emily Roos.
Roos' family has owned property on Miramar Beach since the 1920s. She said she is looking forward to the hotel regaining its glory.
"I spent almost every day as a child here. I learned to swim here. This is my beach," said Roos with a smile.
Many residents have called the 16-acre property an eyesore. It's been closed for nearly 15 years and is now covered in weeds. After multiple owners and financial and planning struggles, it looks like the hotel will once again reopen.
"Things that are really important are worth sticking with. I know there was some concern whether or not I was going to give up on this, especially when the economy faltered and everything else happened, and I always said I wouldn't and I'm not going to. This is going to be a property that I want to have thousands of people enjoy over their lifetimes and I want to enjoy with them, with my family," said Caruso.
Construction is slated to start in February and the hotel doors could open in April 2018.
"I just think that this is a very important step forward by Mr. Caruso to realize this project the way it was envisioned and the way the community was hoping, for and I think Rosewood seems to be a top management company that will add great value to our community," said Salud Carbajal, the Santa Barbara County First District supervisor.
"It's about time that the Miramar comes back to life," said Caruso.