BOSTON-A new hotel here in the Roxbury neighborhood is an indication of the rebirth this area has recently undergone as millions of dollars in new development have poured in. The Best Western Roundhouse Suites Hotel, developed by WNW Hospitality Management LLC, is the first new hotel to open here in decades.

“This is definitely revitalizing the neighborhood,” Dharshi Dupee, senior vice president of Corcoran Jennison, tells GlobeSt.com. The firm has teamed up with the Crosstown project to develop the hotel at the site, a Hampton Inn and Suite. It will be located one and a half blocks from the new Best Western. “The Boston market is hungry for a limited service hotel product, priced in the limited service category but with full service amenities like retail stores and a restaurant.”

According to Dupee, this neighborhood is exactly where her company wants to be. “If you go up and down Albany Street, there is a billion dollars of investment going into this area,” she points out.

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