Construction is under way. The 21-acre development will consistof a 120-room hotel, spa and restaurant, and 100,000 sf of officespace in multiple one- and two-story buildings. The low-rise designwill be tiered on a hillside, giving guests unobstructed views ofthe nearby mountains.

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Located at 2825 Sand Hill Rd. and bordered by existing officebuildings, the development site is approximately one mile west ofStanford University on land the university has owned for more than100 years. Rosewood Hotels & Resorts has signed a long-termmanagement contract for the hotel, restaurant and spa.

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The facility is slated to open in spring 2009 as the largesthotel in Menlo Park. With room rates slated to be upwards of $400per night, the hotel will be in competition mainly with theRitz-Carlton on the cliffs above Half Moon Bay and the new FourSeasons in East Palo Alto.

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"We expect there to be real strong demand," Elliott says. "Mostof the ultra-luxury hotels are located in San Francisco. This willprovide a Silicon Valley alternative; there is very littlecomparable product in the area."

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The room mix will include a three-bedroom presidential suite,several one-bedroom deluxe and Rosewood junior suites, plus kingand double-queen rooms. The rooms will average approximately 550sf, the suites 1,500 sf and the villas 2,500 sf. The spa will becalled the Rosewood and will occupy 15,000 sf. The restaurant willbe called Madera. In addition to the office space, the facilitywill offer 8,000 sf of premier meeting and event space.

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The general contractor for the project is Devcon Construction.BAMO, Inc. of San Francisco I handling the interior design.

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