Amy Thompson West, director of marketing for Tocci Building Corp. of Woburn, MA, tells GlobeSt.com that the four-story hotels will replace the existing 118-room Sheraton Lexington Inn along Marrett Road. Next year, Starwood will deliver the 78,000-sf, 123-room "element" and a 66,000-sf, 136-room "aloft" hotel, which targets guests in their 20s and 30s. The cost of the new hotels, featuring a wide range of upscale amenities, is not being disclosed.

"Neither hotel exists today. There are none in the country," says Thompson West. The White Plains, NY-based Starwood's "element" brand will be the first in the country when it opens in Lexington, but the "aloft" will be among several that will open by 2008, she says.

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.