MARBELLA COUNCIL has given the green light to Magna Hotels and Resorts, to renovate the iconic Don Miguel Hotel at a cost of €64.5 million.
The building, which closed its doors in 2004, will be redesigned to cater for family all-inclusive holiday packages.
The licence for the demolition of part of the hotel was granted last December, and French group Club Med will be in charge of the operation.
Mayor Angeles Muñoz highlighted the importance of the project which she said will be beneficial to the city as well as increasing employment.
Despite already having the permits to carry out the partial demolition of the property, Magna Hotels was waiting for the building permit to be granted so that it can start all the works at the same time.
The reopening of the resort is expected to lead to the creation of 300 jobs during the construction phase, and another 300 permanent jobs when it is up and running.
There will be a clear commitment to sports areas and equipment, with a golf course, activity courts, a spa and swimming pools.
The hotel will have 486 rooms, plus staff accommodation along with conference rooms, and play areas divided by age range.
It is believed that it may lose its name of Don Miguel, and that a complete revision of electrical and mechanical installations will take place along with a total redesign inside and out.
The grand opening of the new hotel is expected to be summer 2019.