Terranea Resort - New Oceanfront Hotel and Spa

Terranea Resort, a new $480 Million oceanfront luxury resort in Ranchos Palos Verdes, CA recently opened their doors.  The southern California resort is  managed by Destination Hotels and Resorts and includes a total of 582 rooms, three swimming pools, eight restaurants, a nine-hole golf course and majestic views of the Pacific.

Terranea recently received a unanimous $8 Million stimulus package from the city of Rancho Palos Verdes to assure the opening.  The arrangement between the developer, Lowe Enterprises, and the city of Rancho Palos will allow Terranea to retain 10% of the hotel tax paid by customers for 27 months or receive $8 Million, whatever happens first.