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Real estate troika digs in to Marin; Larkspur Landing hotel and office project pegged at $75M.(Campus Management Co., Cornerstone Properties Inc. and Joie de Vivre Hotels of San Francisco; Larkspur Landing Circle in Marin County, California)
A team of real estate and hotel players has been tapped to turn a choice parcel of Marin County land into a new hotel and office complex.
The troika - developer Campus Management Co. of San Rafael, financial backer Cornerstone Properties Inc. of New York, and hotel operator Joie de Vivre Hotels of San Francisco - was awarded exclusive negotiating rights Feb. 2 for the estimated $75 million project at Larkspur Landing.
The 9.2-acre site, located at 2000 Larkspur Landing Circle across from the Larkspur Ferry Terminal and next to the Larkspur Shopping Center, is owned by the area's local sewer-treatment department.
As with most development projects in …
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