Friday, November 12, 2010

NEIGHBORHOODS:

A Boston developer is proposing to build a new hotel on Brookline Avenue near Fenway Park, scrapping prior plans for a lab and office building on the property.


Bill McQuillan, principal of Boylston Properties, filed a revised proposal with the Boston Redevelopment Authority yesterday that calls for a 183-room, extended-stay hotel and a ground-floor restaurant or retail store at 121 Brookline Ave.


The hotel would replace a one-story retail building that currently houses Ace Ticket.


The firm is the latest of several developers to propose a hotel or apartments in place of new office space, which has become harder to finance as rents fall in the current economy.


Boylston Properties received approval in June 2007 to build a six-story lab and office building at 121 Brookline Ave., but was unable to proceed with construction.


The revised plan still needs BRA approval.


Casey Ross Boston Globe November 2, 2010

No comments: