COSTA RICA-Starwood Hotels & Resorts has reached an agreement with Genesis, a locally based development firm, to build a new St. Regis Resort and Residences in Costa Rica. The resort, designed by Zurcher Architects and scheduled to open in 2008, will be developed in conjunction with Miami-based Lionstone Development.

It will feature a total of 133 luxury keys, and each guestroom will include oversized outdoor terraces with outdoor showers, netted day beds and relaxation coves. The Presidential Suite will comprise three bedrooms, private pool and views of the tropical forest and the Pacific Ocean.

St. Regis Residences, Costa Rica will include a total of 49 one, two and three-bedroom condominium-hotel residences, 42 deluxe whole-ownership villas and nine estate homes with private plunge pools. The resort is located 65 miles from the San Jose’s International Airport on a 250-acre site on a secluded bay within close proximity to the Los Suenos area, which features an 18-hole golf course and a marina.

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