The project is currently subject to approval by the LA city council and planning authorities.
Jean-Christophe Babin, Bulgari CEO, said:
“We are very happy and proud to have signed definitive agreements to develop the new Bulgari Resort in Los Angeles, the capital of cinema and the arts, which has been a major inspiration for Bulgari from Liz Taylor’s time to the recent Academy Awards to announce. Bulgari’s new jewel represents an exceptional achievement for the brand to establish itself in such an important destination for the luxury industry. “
Bulgari Resort Los Angeles developer Gary Safady added:
“We are excited to partner with Bulgari Hotels & Resorts to bring the most sophisticated and luxurious retreat to Los Angeles. Bulgari is the epitome of luxury living and we look forward to creating an unparalleled indoor and outdoor living experience through our enclave of suites, bungalows and private homes that truly embrace and support the surrounding area and wildlife. “
“As part of our ongoing commitment to the city of Los Angeles, the surrounding community and the environment, we will support several charitable initiatives in Los Angeles including, but not limited to, a seven-figure contribution as part of our efforts to ensure this project continues to be in focus on using the economy as a positive force. “
Bulgari Hotels and Resorts was founded in 2001 as a joint venture between the Italian luxury brand and the hotel group Marriott International. The brand currently operates six hotels in Milan, London, Dubai, Shanghai, Beijing and Bali.