Search
 

Developer Considers North Station Site For New Hotel

BOSTON-Vermont-based developer David Leatherwood is close to a deal to develop a hotel here in the North Station area, sources close to the deal tell GlobeSt.com. The site was approved for an office building but the local business community objected to that proposal.

By Naomi Grossman | Updated on August 21, 2001

BOSTON-Sources tell GlobeSt.com that Vermont-based developer David Leatherwood is close to a deal to build a hotel here at 155 Portland Street in the North Station area.

“We’ve heard through the grapevine that he plans to develop a Hilton Garden Inn,” the source says. The site was previously owned by the Portland Building Association, which received approval to build a 10-story office building here. Some local business owners in the area objected to the proposed building but it is unclear if that is why the company decided to sell the site to Leatherwood.

Leatherwood’s hotel would also be 10 stories but would be lower in height and the traffic impact of a hotel is significantly less than that of an office building. “The process at the Boston Redevelopment Authority will probably go very smoothly,” sources close to the BRA tells GlobeSt.com. Leatherwood needs BRA approval for the deal to go through.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.