Paragon Development has signed an agreement with Marriott International to develop two luxury hotels near the BC Place multipurpose stadium in Vancouver, Canada.

Paragon and Marriott will work together on a new JW Marriott hotel and an Autograph Collection hotel.

Both properties will be part of a proposed $500m expansion adjacent to BC Place, which was announced by Paragon in 2010.

Marriott will provide operational resources to both properties, including convention and meeting space, and select food and beverage venues.