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California  + San Diego  + Hospitality  | 

Hotel del Coronado Plans $160M Renovation

The Hotel del Coronado in San Diego unveiled plans to restore and revitalize the hotel’s historic Victorian building with a more than $160-million investment, marking the final phase of Blackstone Real Estate’s development plan. The upgrades will encompass all Victorian guestrooms, suites and event spaces such as the Crown Room, with a targeted completion date of spring 2025.

Rob Harper, head of real estate asset management Americas at Blackstone added, “Since our more than $550-million investment plan began in 2018, we have worked diligently to preserve The Del as a National Historic Landmark while cementing the property’s status as an iconic and timeless destination for generations to come. We are immensely proud of the thoughtful work completed to date and look forward to partnering with the local teams to make this next phase of the project a reality.”

Added Harold Rapoza, managing director, Hotel del Coronado, “The Victorian building holds a special place in the hearts of our guests, and we are dedicated to preserving its historical significance while elevating the bespoke guest experience to new heights.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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