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Troubled California hotel in US$185m luxury makeover

Developer turning former Miramar site into beach resort and bungalows

Published Wed, Sep 17, 2014 · 04:00 PM
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[LOS ANGELES] Rick Caruso, a Los Angeles shopping-mall developer, plans to spend about US$185 million to rebuild a Southern California seaside hotel with a troubled past into a luxury getaway.

The 170-…

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