Commercial Developments Underway in Boston

The Boston area is regularly experiencing new growth and development. Among the changes that are coming to the area are new hotels and companies opening their new headquarters. Here are just a few of the commercial developments that are in the works in and around Boston.

Everett Receives First New Inn in Decades

Needham-based developer Global Vision Hotels recently opened its enVision Hotel Everett, making it the first new inn to come to the area in decades. In fact, Everett Mayor Carlo DeMaria has stated that the four-story, 101-key development is the city’s first hotel.

Located just outside of Boston, the city will be welcoming the 24-story casino-resort Wynn Boston Harbor in 2019. The resort will contain more than 600 hotel rooms. Meanwhile, the new enVision Hotel, which is located at 1834 Revere Beach Parkway and was built in 1922, originally served as a shoe factory before being converted into a sewing factory. It next served as retail space before being redeveloped into a hotel.

Seaport Hotel Adding 1,000 Rooms Across from Convention Center

Developers were recently granted permission from the Massachusetts Port Authority to build a hotel complex on state-owned land at D and Summer streets in the Seaport District. Located across from the Boston Convention & Exhibition Center, the development calls for adding more than 1,000 rooms as well as a 25,000-square-foot ballroom, making it the second-largest in Boston behind only the convention center itself. Plans also call for possibly adding a skating rink above street level.

Spearheaded by Omni Hotels & Resorts in partnership with local developer the Davis Cos. and hotelier Robin Brown, the $550 million project will also include 40,000 square feet of retail and restaurant space, 120,000 square feet of meeting space and an 8,500 square foot spa and fitness center within two 20-story towers. By constructing the project, the developers hope to enliven that stretch of D Street while also addressing the lack of lodging near the convention center, which has led to the loss of trade shows because the center can’t promise lodging within walking distance. The hotel, which is scheduled to open by early 2021, will be connected to the convention center via an existing tunnel.

General Electric to Begin Construction of Fort Point Headquarters

General Electric will officially break ground on its 2.4-acre headquarters this month. Located at Boston’s Fort Point, the three-building complex will be created by renovating two existing warehouses on Necco Court and constructing a 12-story addition with a solar veil. The project, which is expected to cost approximately $200 million to complete, will include “maker space” for employees, students, tech startups and locals. It will also feature space for conclaves and presentations, a community work lounge and an employee cafeteria. The project is expected to be completed by the end of 2018.

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