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Friday, Apr 10, 2026

Gallery: R.D. Olson Wraps Renovation Work at Sheraton Park Anaheim Hotel

$33M overhaul is hotel’s ‘first facelift’ in more than four decades

Irvine-based R.D. Olson Construction has wrapped work on the $33 million overhaul of the Sheraton Park Anaheim Hotel.

The renovation marks “the building’s first facelift in over 40 years,” and was “a top-to-bottom transformation of the 14-story hotel,” according to the general contractor. R.D. Olson Construction handled the work on behalf of New York-based institutional investor Taconic Capital Advisors LP, which paid $51 million for the 490-room hotel in late 2019.

The 270,000-square-foot renovation included upgrades to the guestrooms, meeting areas, main lobby and elevator areas, hallways, management offices and back-of-house areas.

“R.D. Olson Construction began work in May of 2021, and strategically planned a phased remodel to ensure that the project had minimal impact to guests, staff and visitors at the Sheraton Park Anaheim,” Bill Wilhelm, president of R.D. Olson Construction, said in a statement.

Other recent local hotel renovation projects from R.D. Olson Construction include a full modernization of the Howard Johnson Anaheim Hotel and Water Playground in Disneyland’s Resort District.

See below for pictures of the newly renovated hotel.

For more on the project, see the Business Journal’s April 25 print edition. 

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