According to the Hollywood Reporter, Fairmont Hotels has been announced as the operator of the five-star inn now being constructed as part of the $2.5-billion Century Plaza Hotel redevelopment.

Work began in late 2016 for the project, the first phase of which is transforming the upper levels of the Minoru Yamaski-designed Century Plaza into 63 condominiums, while preserving the lower levels as 394 guest rooms.  Ancillary space at the back of the property will be demolished to make way for a pair of 46-story buildings, containing 290 condominiums, 100,000 square feet of office space and approximately 94,000 square feet of retail.

Architecture firm Pei Cobb Freed & Partners is designing the twin towers, which feature triangular footprints mirroring the iconic Century Plaza Towers across the street.

The hotel redevelopment also includes a new public plaza fronting Avenue of the Stars, highlighted by a 23-foot-tall sculpture by the Spanish artist Jaume Plensa.

Completion is expected in 2018.