Filed under: Real Estate Developments
The historic Oak Bay Beach Hotel in Victoria, Canada is becoming the first combined luxury hotel and private residence in Victoria. The 100-room hotel will have 20 full-ownership suites that will open in the fall of 2010, just in time for the Winter Olympics in Vancouver. Walker Hospitality opened registration to buyers who may be interested. The Walkers plan to restore the hotel's luxury by including the lobby fireplace, Tudor facade and even the original Snug Pub beer mug. The development also calls for modern interior updates and a touch of green, the project is aiming for LEED Gold certification. The residential suites are penthouse and sub-penthouse units with views of the Pacific and the San Juan Islands. They range in size from 857 sq. ft. to 2,285 sq. ft. and prices start at $1 million.