Mohammad Honarkar
Mohammad Honarkar is a prominent figure in Laguna Beach, California, and he is known for his various business ventures and community involvement. Here’s an overview of his background and recent activities.
Business and Real Estate
Mohammad Honarkar is an accomplished investor, entrepreneur, and real estate developer who has significantly shaped Laguna Beach’s landscape. He is the CEO of 4G Ventures, a company based in Laguna Beach. Honarkar’s real estate portfolio includes several notable properties in the area, such as:
Hotel Laguna
The Art-A-Fair building
Cliff Village LLC
Terra Laguna Beach
14West hotel
Multiple vacation homes
Community Involvement
Honarkar is described as a dedicated family man and a passionate advocate for enhancing Laguna Beach’s beauty. He works tirelessly to make the community a vibrant, safe, and nurturing place. His commitment to giving back to those who contribute significantly to the town’s well-being is a key aspect of his vision for a thriving and inclusive Laguna Beach.
How has Mohammad Honarkar contributed to the development of Laguna Beach?
Mohammad Honarkar has made significant contributions to the development of Laguna Beach through his business ventures and real estate investments:
Real Estate Development
Honarkar has acquired and developed several prominent properties in Laguna Beach, including:
Hotel Laguna—He took over control of this iconic property in 2019 and plans to invest over $250 million to restore and redevelop it.
The Hive
Seven-Degrees events venue
Terra restaurant
14 West boutique hotel
Royal Hawaiian restaurant
Multiple luxury apartments
His company, Laguna Beach Co., oversees an estimated $1 billion in proposed development projects across the city.
Proposed Projects
Some of Honarkar’s significant proposed developments for Laguna Beach include:
Cleo Hotel – A new 103-room hotel to replace two existing hotels
Museum Hotel – A 120-room boutique hotel with public art exhibition space
Laguna Arts District – A significant mixed-use development with student, senior and workforce housing
Canyon Acres Housing – An apartment complex for seniors and workforce housing
Community Investment
Honarkar is passionate about enhancing Laguna Beach’s beauty and making it a vibrant, safe community. He co-founded The Honarkar Foundation to give back to the town through philanthropic efforts.
Economic Revitalization
Honarkar argues his developments are needed to revitalize Laguna Beach’s downtown, which he says is seeing businesses close due to slow growth policies. He aims to preserve the check here city’s heritage while driving positive change and economic growth.