(The Coast News – January 31, 2019) A luxury hotel three decades in the making will soon replace the boarded-up Cabo Grill & Cantina on its bluff-top perch overlooking South Ponto Beach near the intersection of North Coast Highway and La Costa Ave in Leucadia.
Fenway Capital Advisors and JMI Realty, which acquired the 4.3-acre site in 2017, began construction earlier this month of the $110-million project tentatively called the “Encinitas Beach Hotel.”
The sprawling 226,000-square-foot boutique resort is scheduled for completion in 2021.
“When we thought of the theme and feeling of the hotel, what came to mind is ‘barefoot luxury,’” Jackel said. “It’s not stuffy, it’s laidback and relaxed — the feeling you get when you’re in the Leucadia area.”
According to Jackel and Kratzer, research and development is ongoing.