La Jolla Ritz-Carlton: it's not dead, just resting. (Conference Resort Investment Partnership's plans for hotel on hold due to financing availability)

San Diego Business Journal | September 16, 1991| | Copyright

La Jolla Ritz-Carlton: It's not dead, just resting

Rumors about the death of the Ritz-Carlton, planned for the La Jolla Blackhorse Farms site, are grossly exaggerated, according to a partner in the development.

The hotel remains on hold until the Conference Resort Investment Partnership secures a construction loan, said the partner, John O'Brien.

Plans include a 210-room conference hotel on a 9.5-acre site across Torrey Pines Road from UC San Diego.

Financing discussions are continuing. O'Brien declined to name names but said discussions ...

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