X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BOSTON-A Boston developer plans to build a 24-story building housing two hotels on a sausage-shaped parcel near the Boston Convention & Exhibition Center. It’s a bid to provide lower priced accommodations that would compete with the four- and five-star hotels already being built in the area.

Denis Dowdle, president and manager of Madison Seaport Holdings LLC, which plans to build the extended stay and limited-service assets, tells GlobeSt.com that the venture would provide lower priced hotel rooms for convention visitors and tourists who don’t need the amenities higher cost hotels offer.

The hotels, which will feature 502 rooms, will have a ground-floor lobby and 8,414 sf of retail along with 150 parking spaces on the second through fifth floors and will include a pool, spa and sundeck.

The project is currently under review by the Boston Redevelopment Authority and the state’s Executive Office of Environmental Affairs. Dowdle says the developer is currently talking to hotel operators about franchising the hotel or operating it as a joint venture.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.