“We are happy to announce that the future of the Owl Lodge is now secured,” the hotel said in a statement.
“It will be one of the best-known hotels in the world, and we will welcome the community as well as the guests and visitors to this new, special chapter in our history.”
The Owl Lodge will be located in the heart of the city, close to the Oceanside and Golden Gate Park.
It will be part of the Penguin Forge hotel project which includes hotels, restaurants, shopping, entertainment and an art museum.
The project was initially expected to start in 2019.
The hotel will be among the first hotel projects to open as part of Penguin Forge, which will be built on the site of a former naval base, the Ophir Marine Corps Base, off of the coast of San Diego.
The new hotel will have rooms with views of the ocean and a restaurant.
A look at Penguin Forge project in San Diego, Calif.
The project was originally planned to open later this year.
It was supposed to be complete by 2019, but was delayed by a construction storm in 2019 that shut down the facility.
The delays were due to a contractor’s decision to stop work in 2019 and to work on the project again after a second storm.
The company that built the facility, Pacific Ocean, was awarded a $1.8 billion contract to build the hotel in 2020.
The new hotel, which was expected to open at the end of 2019, has been delayed again.
Pacific Ocean says it has not received any additional information on the status of the hotel.
In September, Penguin Forge announced plans to open a hotel in San Francisco, with plans to have a full-service restaurant and lounge.
It is unclear if the new hotel in the city will include the Owl Hotel.
The Penguin Forge site is on the shores of the San Francisco Bay, just off the Golden Gate Bridge.