MONTCLAIR, NJ–The Pinnacle Companies will build a $35 million, eight-story boutique hotel in downtown Montclair called The MC, it announced at a planning meeting here Monday night.

The 148-room hotel will become part of the Autograph Collection, Marriott International's portfolio of independent hotels.

“We're thrilled that The MC will join premier hotels including the Algonquin in New York City as part of the Autograph Collection,” said Brian M. Stolar, president and CEO of Pinnacle Cos. His company is the developer of the Montclair Center Gateway redevelopment plan, which includes the hotel and the mixed-use Valley & Bloom development now under construction in partnership with LCOR.

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