Sunday, March 11, 2012

Deal could pave way for tear-down of Montecito's Miramar Hotel

Five years after developer Rick Caruso bought the long-vacant property, he's gotten a controversial concession from Santa Barbara County supervisors that he said can help speed transformation of the beachfront landmark into a new five-star hotel.

When Rick Caruso bought Montecito's Miramar Hotel in 2007, it was a long-vacant, fenced-off, dilapidated eyesore.


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