Aliso Viejo-based Parker notes that the Renaissance ClubSport isthe first full-service hotel in Aliso Viejo. The boutique-stylehotel is managed by Marriott for Leisure Sports Inc. and R.D. Olsonof Aliso Viejo.

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Lee Redmond, CEO of Parker Properties, says that a fitnesscenter and hotel were part of the planning for the Summitdevelopment from its inception more than 10 years ago. He adds thatthe hotel is designed to draw clientele both from the corporatetenants at the Summit complex and from the local community.

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[IMGCAP(2)]Just before the Renaissance ClubSport was completed,Parker Properties and Rreef, its financial partner for the Summitproject, completed two four-story office buildings totaling 260,000sf, which the developer is now leasing. The newly finished officephase is now going through the LEED certification process,targeting a silver rating. The new phase includes three waterfeatures, among them a 40-foot high water wall, as well as a seriesof smaller outdoor areas designed as gathering spots.

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In addition to the two new four-story buildings at Summit,Parker also recently completed a nine-story build-to-suit officetower for Pacific Life Insurance Co.'s Life Insurance Division atSummit.The Summit Office Campus is nearing the end of construction,with more than 1.5 million sf of space completed and one finaleight-story office building in planning. The 12-building campus islocated off the 73 Tollway in the center of Aliso Viejo.

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