Over two years after the initial proposal, a hotel may finally be coming to the Haymarket area.
The project has recently shrunk down to 6-floors, but will still hold a 225-room hotel as well as retail and dining space, according to Curbed.
Normandy Real Estate Partners and Harbinger Development are behind the design process for the proposed building.
The area is 1.2-acres and being called Parcel 9, bound by the Rose Fitzgerald Kennedy Greenway and Hanover, close to the Boston Public Market.
Three blocks of 3,500-square foot retail space would also be included to compliment the dining and retail options in the area and not aiming to compete with Boston Public Market or Haymarket.
Project designs have been approved by The Boston Civic Design Commission, with a recommendation that the second floor public outdoor space was further developed.
After initially proposing a 10-story building, the proposal has been brought down to 60-stories without having to reduce the number of rooms.
This proposal was chosen in 2013 after the Department of Transportation opened up the site for redevelopment.
The new proposal with the height reduction is being reviewed by the Boston Redevelopment Authority.
The hotel at Haymarket will further raise the profile of this area along with other new developments in the past few years.Tags: Haymarket, hotel, New Construction, new developments