DOWNTOWN LOS ANGELES--The iconic Hotel Figueroa, at the northwest corner of Olympic Boulevard and Figueroa Street, has been waiting for a major renovation ever since Green Oak Real Estate and Urban Lifestyle Hotels bought it for $65 million in the summer of 2014. In less than a month, the transformation will finally begin.
The South Park hotel is closing on Nov. 22 and its interior, including all 285 guest rooms, will undergo a significant renovation to restore a Spanish Colonial aesthetic and create modern amenities, according to a hotel representative. The work is expected to last into summer 2016, and the hotel will be completely closed during that time.
The property was initially built in 1925 as a YWCA and was converted to a hotel after the Great Depression. It became known for its Moroccan decor and distinctive coffin-shaped pool. The hotel will continue to be managed by HHM Hospitality, which came onboard after Green Oak and Urban Lifestyle bought the Hotel Fig.
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