Starwood to develop green condo-hotel in Vancouver(2)

The private equity real estate firm headed by Barry Sternlicht calls for greater personal responsibility towards the environment as he announces a $200m deal to develop a luxury sustainable condo-hotel on the Pacific coast.

Starwood Capital Group is developing a $200 million (€128 million) environmentally-friendly condo-hotel at the Wyndansea Oceanfront Golf Resort, in Vancouver Island, British Columbia.

The hotel will be part of Starwood’s 1 Hotel brand, the brainchild of founder Barry Sternlicht, who is credited with developing the W Hotel and St. Regis Hotel brands.

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