MONTCLAIR, NJ—The Pinnacle Companies and The Hampshire Companies will partner in a joint venture to develop The MC hotel in Montclair. Chicago-based Aparium Hotel Group will manage the hotel. The 148-room luxury boutique hotel will break ground in the spring of 2015, and will include a rooftop bar, farm-to-table restaurant, conference center and a public art atrium.
“We are proud to partner with The Pinnacle Companies on this iconic project and bring the first new, full-service hotel to Montclair since the Hotel Montclairclosed in 1938,” says Mark Rosen, executive vice president of The Hampshire Companies. “Montclair continues to undergo a dramatic resurgence and its vibrant culture and community played a lead role in Marriott International selecting it for its renowned Autograph Collection portfolio.”
The Hampshire/Pinnacle team will submit final construction plans in March, with an anticipated spring groundbreaking.
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
Already have an account? Sign In Now
© 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.