Hotel Development California

$85 Million Delano Hotel & Residences Indian Wells Project Announced

Delano South Beach - Lobby
$85 Million Delano Hotel & Residences Indian Wells Project Announced

sbe

sbe today announced a partnership with investment and development company TMC Group and Managing Partner Philip Bates to bring the Delano brand to Indian Wells, California. Delano Hotel & Residences Indian Wells will mark the first iteration for the brand in California, and the first Delano with a residential component in the USA. Set to open in 2020, the project will include 154 hotel rooms, 54 Delano-branded residential condominium units and sbe's Katsuya and SKYBAR brands.

"sbe is making a tremendous investment in the growth of the legendary Delano brand with this project," said Sam Nazarian, founder and CEO of sbe. "We are very proud to bring Delano to one of the premier destinations in the US, and more importantly, we are honored to work with our close friend Philip Bates and TMC Group."

"Bringing the iconic Delano brand, along with sbe and its entire platform, to this magnificent site in Indian Wells will transform and energize the entire Coachella Valley," said Philip Bates, Managing Partner, TMC Group. "This is Sam's backyard, and nobody knows this market and guest like sbe does. Delano Indian Wells is going to break the mold, redefining and elevating how people stay, eat and are entertained in the Coachella Valley. TMC Group is extremely proud of what the team has created here, and we know guests will absolutely adore it."

The Delano brand is an integral part of sbe's international expansion, with plans for additional locations nationally and internationally. Delano Dubai situated on Palm Jumeirah is set to open this hotel and residences in Q1 2019.

The project is part of the incredible growth of sbe's residential platform. sbe has sold to-date over 1,300 branded residential units valued at $2 billion with an additional 2,500 units valued at $2.5 billion in its pipeline.

Delano Hotel & Residences, Indian Wells will also feature premier culinary offerings with Katsuya, a culinary concept by sbe and celebrity Chef Katsuya Uechi. Named "Best-in-Class" by IMA and recurrent winner of OpenTable's Diners' Choice award, the restaurant will bring signature favorites along with new items created especially for the location. For an indulgent escape, sbe will also introduce their iconic SKYBAR concept to Indian Wells, a day-to-night pool deck showcasing the exclusive and chic atmosphere the brand is known for. 



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