A prominent Los Angeles developer released plans Thursday for a storied Santa Barbara County beachfront property that were revised after years of negotiation with county officials and community members. Caruso Affiliated, a major real estate development firm led by billionaire Rick Caruso, unveiled plans for the land once occupied by the Miramar Beach Hotel in Montecito, miles north of Los Angeles. If approved by county planners, the Miramar Beach Resort and Bungalows will feature rooms, a beachfront restaurant, public beach access and a private club -- all stretching over 15 acres of waterfront property. The developer said he hopes to open the resort in The envisioned hotel is scaled back compared with previous proposals. The hotel has been a centerpiece of Montecito, a small unincorporated beach community in Santa Barbara County, for more than years. Founded in the s, the Miramar Beach Hotel was one of the first resorts on the California coast. The longtime owners sold it in the late s to New York developer Ian Schrager, but plans for a large-scale renovation foundered.
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