This book features the design details of the largest and most innovative examples from such cutting-edge firms as Archi-Tectonics, ARO, Escher GuneWardena, and Office dA, among others. Its pages offer ...
Relocation to Connecticut slated for 2012
Starwood Hotels & Resorts Worldwide Inc. is relocating its global corporate headquarters to Stamford, Conn. The company will move from White Plains, N.Y., to Stamford’s waterfront Harbor Point development in January 2012.
The company and the landlord of its new home plan to spend $40 million to renovate 250,000 square feet of space existing office space within the Harbor Point complex to LEED specifications by January 2012. The move will create more than 800 full-time Connecticut-based positions within two years, according to a statement released by the office of Connecticut Gov. M. Jodi Rell.
“After an extensive search for new office space for our worldwide headquarters, it became clear that this particular space in Stamford was an ideal choice,” Frits van Paasschen, Starwood’s president and ceo said in a statement released by Rell’s office. “Not only did the State of Connecticut provide meaningful incentives that translate to a savings of 20 percent per year in rent, but we will also have the opportunity to design office space that reflects Starwood’s leadership in global hospitality, design and brand-building, as well as our commitment to the environment and our communities.”
The Connecticut Department of Economic and Community Development will assist the project with a $9.5 million loan and up to $75 million in Urban and Industrial Site Reinvestment Tax Credits. In addition, Starwood expects to receive up to $5 million in sales tax exemptions on building materials through the Connecticut Development Authority. The exemption is subject to approval by CDA’s board.