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Bob Olson Olson: We want the community to feel included in this project and think of it as a contribution to the city.”

NEWPORT BEACH, CA—R.D. Olson Development Co. breaks ground today on the 130-room Lido House, a boutique hotel situated on more than 4 acres on the former Newport Beach City Hall site on the Balboa Peninsula here that will significantly contribute to the Peninsula’s revitalization. Projected to open Summer 2017, the hotel will feature a variety of amenities including a central courtyard and pool area with decked-out cabanas and an adjacent manicured Lido Lawn with communal fire pits, croquet and lawn bowling areas. R.D. Olson has an 85-year lease with the City of Newport Beach to develop and operate the property. which will be situated next to Lido Marina Village, the pedestrian-friendly retail and dining complex currently undergoing a comprehensive renovation. GlobeSt.com spoke exclusively with company founder and president Robert Olson about the project.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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