{"id":815,"date":"2024-10-18T10:53:29","date_gmt":"2024-10-18T17:53:29","guid":{"rendered":"https:\/\/citystuff.com\/los-angeles\/?p=815"},"modified":"2024-10-18T10:53:29","modified_gmt":"2024-10-18T17:53:29","slug":"sumitomo-to-revamp-intercontinental-century-city-for-98-million","status":"publish","type":"post","link":"https:\/\/citystuff.com\/los-angeles\/sumitomo-to-revamp-intercontinental-century-city-for-98-million\/","title":{"rendered":"Sumitomo to Revamp InterContinental Century City for $98 Million"},"content":{"rendered":"<p><strong>Sumitomo to Revamp InterContinental Century City for $98 Million<\/strong><\/p>\n<p><strong>Background<\/strong><\/p>\n<p>Four years ago, Sumitomo Realty &amp; Development quietly closed its InterContinental Century City hotel at the dawn of the pandemic. The 17-story, 375-room hotel is located at 2151 Avenue of the Stars, next to Fox Studios.<\/p>\n<p><strong>Recent History<\/strong><\/p>\n<p>The hotel, previously known as the J.W. Marriott and later the Park Hyatt, was acquired by Sumitomo in 1989 for $85 million. In 2016, the hotel gained notoriety when a lawsuit alleged that Sean &quot;Diddy&quot; Combs had purchased a hallway security video of him allegedly kicking his ex-girlfriend Cassie Ventura for $50,000. Combs is currently in a New York jail, where he is awaiting trial on federal charges of coercing and abusing women.<\/p>\n<p><strong>Renovation Plans<\/strong><\/p>\n<p>This month, the Los Angeles Department of Building and Safety issued Sumitomo a construction permit for a $98 million renovation of the hotel. The project, designed by Gensler and Pankow Builders, will include makeovers to the building&#8217;s infrastructure, public areas, guestrooms, restaurants, lobby, reception areas, meeting rooms, and offices.<\/p>\n<p><strong>Upgrades<\/strong><\/p>\n<p>The renovation will feature a new pool bar, restrooms, and boardroom on the second floor, as well as a converted guest room suite to be used as an office for human resources staff. The exterior will also include the addition of a new trellis at the ground floor, as well as new &quot;hardscaping&quot; such as rocks, gravel, and wood, and landscaping.<\/p>\n<p><strong>Timeline and Reopening Date<\/strong><\/p>\n<p>A timeline for construction and a scheduled reopening date have not been disclosed.<\/p>\n<p><strong>About Sumitomo Real Estate &amp; Development<\/strong><\/p>\n<p>Sumitomo Real Estate &amp; Development, founded in 1949, is one of the largest developers in Japan, with $44 billion in assets under management, according to CompaniesMarketCap.<\/p>\n<p><strong>Related News<\/strong><\/p>\n<ul>\n<li>Fox moves forward on studio lot redevelopment in Century City<\/li>\n<li>Fox to add nine soundstages to Century City movie lot<\/li>\n<li>Reuben Brothers&#8217; Century Plaza nabs first wellness center from Sam Nazarian, Tony Robbins<\/li>\n<\/ul>\n<p><strong>FAQs<\/strong><\/p>\n<p>Q: What is the scope of the renovation project?<br \/>\nA: The project will include makeovers to the building&#8217;s infrastructure, public areas, guestrooms, restaurants, lobby, reception areas, meeting rooms, and offices.<\/p>\n<p>Q: What is the total cost of the renovation?<br \/>\nA: The total cost of the renovation is $98 million.<\/p>\n<p>Q: When is the scheduled reopening date for the hotel?<br \/>\nA: A timeline for construction and a scheduled reopening date have not been disclosed.<\/p>\n<p>Q: What is Sumitomo Real Estate &amp; Development?<br \/>\nA: Sumitomo Real Estate &amp; Development is one of the largest developers in Japan, with $44 billion in assets under management, according to CompaniesMarketCap.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sumitomo to Revamp InterContinental Century City for $98 Million Background Four years ago, Sumitomo Realty &amp; Development quietly closed its InterContinental Century City hotel at the dawn of the pandemic. The 17-story, 375-room hotel is located at 2151 Avenue of the Stars, next to Fox Studios. Recent History The hotel, previously known as the J.W. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-815","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-real-estate"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/static.therealdeal.com\/wp-content\/uploads\/2024\/10\/Sumitomo-to-revamp-InterContinental-Century-City-for-98M-f.jpg?w=1920&resize=1920,1344&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/posts\/815"}],"collection":[{"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/comments?post=815"}],"version-history":[{"count":1,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/posts\/815\/revisions"}],"predecessor-version":[{"id":817,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/posts\/815\/revisions\/817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/media\/816"}],"wp:attachment":[{"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/media?parent=815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/categories?post=815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/tags?post=815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}