It's tough in California to get approvals to build seaside resorts, but that's what Lowe Destination Development was able to accomplish. The company broke ground recently on the 102-acre Terranea Resort, a 582-room Mediterranean-style property on a bluff overlooking the Pacific Ocean in Rancho Palos Verdes.

Destination Hotels & Resorts, a Lowe affiliate, will operate the property, which opens in 2009.

Features of the $450-million property include three pools, a 25,000-square-foot oceanfront spa and fitness center, retail shops, a nine-hole executive golf academy and 63,000 square feet of meeting space. The f&b lineup includes a signature restaurant overlooking the Pacific, a three-meal restaurant, a spa restaurant and a cliffside bar.