Kimpton Miralina to Complete $70M Renovation With Katsuya Restaurant
Arizona resort adds 134 villas, luxury residences, and sbe's Japanese dining concept in early 2027 final phase.
Kimpton Miralina Resort & Villas will conclude a multiyear renovation with the completion of its final phase in early 2027, marking the end of a $70 million transformation that introduces new accommodation types and dining to the property in Paradise Valley, Arizona.
The renovation's final stage will add 134 Valley Villas and 10 new luxury private residences to the resort's portfolio. The project also brings Katsuya, a modern Japanese restaurant operated by sbe, to Arizona for the first time. The restaurant will operate as part of a new hotel-within-a-hotel concept at the property.
The completion represents the culmination of Miralina's master plan to expand and diversify its offerings. The resort has been methodically rolling out renovated sections and new amenities as construction progressed. The addition of the Valley Villas and private residences expands the property's appeal to guests seeking varied accommodation options, while the Katsuya concept introduces a branded dining and lifestyle element to a property previously without such partnerships.
The hotel-within-a-hotel structure signals a shift in how full-service resorts are packaging experiences. By segmenting the Katsuya operation and its associated facilities, Kimpton Miralina is creating a distinct subproperty within the larger complex. This approach allows operators to target different customer segments and price points while maintaining operational synergy with the main resort.
Sbe's expansion into Arizona with Katsuya indicates confidence in the state's luxury dining market. The group operates restaurants across major metropolitan areas and resorts, and the Sonoran Desert location represents its first Arizona entry. For Kimpton Miralina, the partnership adds a known brand to its portfolio and provides operational expertise in fine dining that may attract new clientele to the property.
The $70 million commitment reflects broader investment trends in the luxury resort sector, where existing properties are being substantially reimagined rather than replaced. The phased approach allows Kimpton Miralina to maintain occupancy and revenue during construction while staging amenities to maximize market impact. The completion date of early 2027 gives the resort runway to market the full portfolio before the peak luxury travel season.