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Revised 368 Congress Street Project to Bring Boutique Hotel to Fort Point Channel
Nov 17, 2010
The Board approved the 368 Congress Street project, which will transform an existing underutilized building in the Fort Point Channel neighborhood into a 120-room extended stay hotel with two ground floor retail/restaurant spaces. The existing six-story building is known as the “Stillings Building” and was built in 1901. The project was previously approved in 2007 as an office and ground-floor retail project. The new hotel will further transform the Fort Point into a vibrant, mixed-use district with more active uses longer in the day and will support the need for more hotel rooms close to the Boston Convention and Exhibition Center. The project also directly reflects the objectives of Mayor Menino’s Innovation District initiative by providing moderately priced, flexible and architecturally unique lodging options for researchers, businesspeople, visiting academics and other contributors to the city’s innovation economy.
Total project cost is estimated at $45 million. The project is expected to create 200 construction jobs and 15 permanent jobs. The development team expects to begin the restoration work in April 2011. The development team consists of Norwich Partners of Boston, LLC as the proponent; Colliers Meredith & Grew as the development manager; Group One Partners, Inc. as the project architect; McCarter & English and Brennan, Dain, Le Ray, Wiest, Torpy & Garner as legal counsel; Howard Stein Hudson as transportation consultants; and Lee Kennedy & Company as construction managers.
Related Tags
Fort Point Channel
Hotel
Retail
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