Gaylord in deal to develop resort in San Diego

NASHVILLE -- Gaylord Entertainment entered into an exclusive negotiating agreement with the Unified Port of San Diego to develop a new convention hotel resort complex on an undeveloped, waterfront section of San Diegos Chula Vista area.

Initial plans call for a 1,500- to 2,000-room hotel with up to 500,000 square feet of convention and meetings space.

The San Diego resort also would serve as an anchor to a larger, 550-acre, multi-use project on the citys waterfront.

The property would be similar in concept to Gaylords other everything under one place developments in Nashville, Orlando and Grapevine, Texas, and another currently under construction in the Washington-area.

This is an exciting step in Gaylords efforts to offer an upscale convention and resort on the West Coast, said Colin Reed, Gaylord chairman and CEO in a statement.

Our meeting and convention planners tell us they want to be able to rotate the meetings they bring to our other properties to a Gaylord property on the West Coast. Both our clients and our shareholders will benefit from expanding our reach to properties throughout the country.

To contact the reporter who wrote this article, send e-mail to Michael Milligan at [email protected].

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