Orange County developer Barry G. Hon announced Tuesday a plan to build a $200-million, 450-room Ritz-Carlton resort hotel and 27-hole golf course on the Rancho Palos Verdes coastline near San Pedro. The project also will include 159 lots for custom homes.
On Tuesday night, the Rancho Palos Verdes City Council voted to grant a zone change on the site so the hotel can be built. Current zoning allows only the golf course and homes.
Planning and environmental studies will be done by the developer and the city, and public hearings will be held before the state Coastal Commission and the council.
The 500-acre site is less than four miles from the defunct 100-acre Marineland, where Arizona developer James G. Monaghan plans to build a "world-class" resort hotel and conference center.