Hawaii hotel being designed by Rockwell Group
Affiliates of Hyatt Hotels Corp. and Starwood Capital Group are teaming to acquire an existing property in Hawaii and redevelop it into Andaz Wailea Resort and Residences, an ocean-front resort on Mokapu Beach in Maui. The hotel will be the second Andaz hotel designed by architect and designer David Rockwell of Rockwell Group, following the January 2010 debut of Andaz Wall Street in New York.
Hyatt said its investment in the project will be about $90 million. The Andaz Wailea will feature 255 rooms and 35 suites, along with six four-bedroom villas. The property will also include a variety of amenities, including a three-meal specialty restaurant, cascading outdoor pools with an adjacent bar and specialty restaurant, a 15,000 square-foot spa, gym, lobby lounge and meeting space.
“Wailea is truly one of the world's great treasures and we are very pleased to deepen our relationship with Hyatt through this partnership and create a unique destination resort there,” said Barry Sternlicht, chairman and ceo of Starwood Capital Group. “The burgeoning Andaz brand is a perfect fit for this vibrant community and the partnership structure with Hyatt ensures we will bring the best of both companies together to create a stunning property. Having been intimately involved in the design of the asset, it will be exciting to see it come to life as the Andaz Wailea.”
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