Scottsdale Princess plans expansion - East Valley Tribune: Business

Scottsdale Princess plans expansion

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Posted: Tuesday, August 7, 2007 7:02 am | Updated: 6:50 pm, Fri Oct 7, 2011.

The Fairmont Scottsdale Princess resort will get 334 more rooms, double the meeting space and famous names to run its bar and top-of-the-line restaurant.

And owner Strategic Hotels & Resorts plans to spend about $230 million to make it happen. At least city leaders say so.

Princess management would not confirm any details about the project, but Scottsdale staff let the word slip with a brief description in a weekly report. According to the city, the Princess is planning a threeyear renovation that will up the room count from 651 rooms to 985 and add 70,000 square feet to its existing 72,000 square feet of meeting space.

The city reported the tony resort property also will expand its spa, restaurant and retail facilities and tack on 40,000 square feet of new multifunctional space — half of it outdoors.

The first phase of the massive project, which includes the new guest rooms, is slated to be completed in 2008, according to the city report.

Strategic Hotels also scooped its own property when it outlined construction projects to investors during its quarterly financial report.

The resort owner said it is building a Michael Mina restaurant, Gerber bar and Gold Room accommodations at the Scottsdale hotel.

Renowned chef Michael Mina has restaurants in upscale California hot spots and elegant Las Vegas resorts.

And bar entrepreneur Randy Gerber is as famous as model-actress wife Cindy Crawford for his trendy nightspots that are hangouts for the rich and famous.

Expansion facts

$230 million, 3-year project 334 new guest rooms 70,000 square feet more meeting space Michael Mina restaurant Gerber bar Gold Room accommodations 40,000 square feet of multi-functional space, 20,000 square feet outside Expanded spa and shops.

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