The Century Plaza Hotel

The Century Plaza, a longtime city icon, which will now be a Fairmont hotel, is in the midst of a $2.5 billion renovation that will modernize the luxury hotel while maintaining its historic landmark integrity. Set to reopen in 2019 The Century Plaza Hotel in Los Angeles is a landmark 19-story luxury hotel forming a sweeping crescent design fronting the spectacular fountains on Avenue of the Stars, adjacent to the twin Century Plaza Towers and the new 2000 Avenue of the Stars complex which houses Fidelity Investments, Comerica Bank, UBS Wealth Management, and talent agency CAA. It was known as the Hyatt Regency Century Plaza from 2006 to 2016, when it closed for reconstruction.HistoryThe Century Plaza Hotel opened on June 1, 1966 in the Century City neighborhood of Los Angeles on the former backlot of 20th Century Fox Studios. Fox still has its lot in the neighborhood, as well as its headquarters, Fox Plaza. Century City, known as the City of the Century (20th), was dominated for much of its early history by the Century Plaza Hotel, as it was the highest building on the hill, where the Presidential Suite looked all the way to the Pacific Ocean.In 1961, developer William Zeckendorf and Alcoa bought about 180acre from 20th Century Fox after the studio had suffered a string of expensive flops, culminating in the box-office disaster Cleopatra. The new owners conceived Century City as "a city within a city" with the arc-shaped, 19-story, 726-room Minoru Yamasaki-designed Century Plaza as the centerpiece of the new city.