The well known secret surrounding a swank Ritz Carlton at the Village in Mammoth has been confirmed by the hotel chain.
After the recent planning commission approval of tandem valet parking at the proposed hotel, Ritz Carlton officials issued a press release that confirmed that the company has agreed with developers to build the five star hotel on seven acres at Canyon and Lake Mary in Mammoth.
The Ritz Carlton Company has partnered with the Roger Staubach and Cypress Equities to build this project which is expected to have 225 hotel rooms and 193 condo units. Company officials say that that residence units, (the condos) will set buyers back at least $2 million. The press release states that the company looks forward to creating the most exclusive residential community in the region."
Right now the plan is to have this large hotel project open for business by ski season 2010.