The complex will include 168 hotel rooms and 106 residential units and will be developed by CWB Boylston, whose principals will be Brown and his co-developers, Stephen Weiner of Weiner and Associates, and Julian Cohen. The group recently received approval from the Prudential Project Advisory Committee. The proposal now has to receive approvals from PruPAC subcommittees and then from the Boston Redevelopment Authority.

While it is still unclear what company will manage the hotel, Brown reportedly has expressed the hope that the hotel will fly the Four Seasons flag. A number of cities--including London, Chicago and Los Angeles--have two Four Seasons, but the decision will not be made until all the permits are in place. The developers are hopeful that the process will be completed within the next year.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.