InnVest Hotels acquires The Algonquin Resort St. Andrews by‑the‑Sea, Autograph Collection and The Algonquin Golf Course
InnVest Hotels has acquired The Algonquin Resort St. Andrews by-the-Sea, Autograph Collection and The Algonquin Golf Course.
Construction company, Nexii Building Solutions, has announced the completion of a new Courtyard by Marriott hotel in Nanaimo on Vancouver Island, built in partnership with PEG Companies (PEG).
PEG Companies, which planned and developed the hotel, partnered with Nexii to construct the building’s exterior envelope. PEG reportedly selected Nexii due to its innovative technology that significantly reduced the climate impact of the hotel’s construction. The envelope was made using non-toxic materials that have 25 per cent less embodied carbon than conventional construction materials.
Nexii manufactured 750 unique structural panels for the nine-story hotel at its production facility in Squamish, B.C. The company’s green building products are manufactured to client specifications using 3D software. This process means Nexii panels are able to fit together like jigsaw pieces onsite to create an airtight building envelope, improve the building’s energy efficiency and significantly lowering energy costs for ongoing building operations.
The panels are made of Nexii’s proprietary, sustainable concrete alternative, Nexiite, which significantly reduces end-to-end carbon emissions. The building process resulted in near-zero on-site construction waste and minimal site impact.
Gregor Robertson, executive vice president of strategy & partnerships at Nexii, said, “Buildings and construction are the number one source of climate pollution and municipal waste, but are essential to our way of life. We must ensure that all new construction is designed to keep our planet healthy and livable. We are thrilled to have partnered with PEG on this project and proud to form partnerships that solve construction challenges, accelerate timelines, and reduce the environmental impacts of buildings.”
InnVest Hotels has acquired The Algonquin Resort St. Andrews by-the-Sea, Autograph Collection and The Algonquin Golf Course.
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