From GlobeST.com –

“Strategic Hotels & Resorts Inc. has agreed to purchase 15 floors of the pre-developed 82-story Aqua building for $82.4 million, or approximately $412,000 per key.”

“The hotel portion of Aqua will consist of approximately 200 luxury suites averaging 650 sf each…”

“Strategic Hotels anticipates that the new hotel will be operated in conjunction with its existing Fairmont asset, to which it will be physically linked.”

For the full article see:
http://www.lakeshoreeast.com/media/articles/globest-10022006.pdf