In 2012, Andrew Firestone and Jess Parker were responsible for the purchase of the existing 68 room, “Days Inn” located in downtown Santa Barbara. This exterior corridor hotel consisted of two buildings constructed originally in the 1960’s, and the property totaling 57,000 sq/ft. Immediately upon acquiring the property, StonePark Capital began a complete renovation of the guest room and common areas, and repositioned the property as La Quinta Inn and Suites.
After four years of successful operations, the StonePark team embarked on an ambitious second phase of their plan to fully maximize the potential of the hotel. The result is the development of a gorgeous addition of new guest rooms and common areas, bringing the total room count to 122. The new guest rooms will be complemented by a new subterranean parking facility, and expanded pool and jacuzzi deck, indoor/outdoor bar and restaurant, and two rooftop common areas. This project is currently under construction with an anticipated completion in late 2021.