The Seaport District may finally be getting the hotel development that the neighborhood needs, thanks to Harbinger Development.
The company has filed plans with the Boston Redevelopment Authority for a project called Marine Wharf, according to the Boston Globe.
Plans include two hotel brands with over 400 rooms to be located on Summer Street, midway between the Boston Convention Center and the cruise ship terminals.
Connected within the same building would be a 253-room Hampton Inn and a 166-room Homewood Suites. Along the street would be retail space, public open space and meeting rooms.
The space the developers are hoping to acquire is 1.2 acres that is currently owned by the city.
Earlier this summer, convention center officials reported that the center was struggling due to not enough hotel space in the area and this project aims to alleviate some of those problems.
Convention center officials especially expressed the need for this mid-market hotels, as the extra amenities available from higher end hotels aren’t really necessities for exhibitors looking for somewhere to stay in the area.
The development would serve not only the convention center, but also the Seaport, the airport and the cruise port.
The two Hilton brand hotels would share a lobby, meeting space and garage and would be around 14-stories high.
If the project is approved by the BRA, developers hope to open the space by 2019. The project is estimated to cost $156 million.
Despite the large amount of hotel space already under construction throughout Boston, the demand is strong especially in this area and market.
Tags: Boston Commercial Real Estate News, Boston Redevelopment Authority, hospitality, new developments, Seaport District, Seaport Hotels