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Sorry for the bump but I'm not sure where else to put this. The Midtown Hotel just went to market with HFF being billed as a "large-scale, generational development opportunity". It is 73,331 total land area across 3 parcels. Being sold as a ground lease development though so I'm not sure how...

These costs assume you have a clean, flat site with no need to build structured parking or use union labor. Hard costs on this are $450K/room minimum, replacement cost is probably somewhere around $550K/room including land and everything else. Just for reference, the Residence Inn on Congress...

Can anyone answer my question as to who the new owner is? No longer Normandy?

Just curious, who are the new owners? I haven't seen anything posted anywhere about that. They would have had to sell their leasing rights since Normandy didn't own the land

I don't think this was ever posted but if it was my apologies. This is the final planning board presentation from October which shows the final hotel design and program for 700 Brookline Ave (formerly 25 Washington Street). This is directly across the street from the Children's project at...

I have a feeling they go with the Washington DC area for HQ2. Bezos has a 2nd home there and with all that Amazon plans to do in the future, I feel like they want to be as close as possible to the political hub of the country for lobbying purposes.

Hotel construction lending has all but dried up at this point in the cycle and most lenders have too much exposure. There is a lot of new supply coming with the convention center hotel and in order to have a slam-dunk hotel development, you better have a flag from one of the major operators...

Disappointing. It's been vacant ever since BofA left and the state has been hesitant to help redevelop/reposition it because of the fiasco known as 38 studios. Gilbane has made a fucking boat load of money in Providence over the last 15 years, very disappointing to see them and Paolino looking...

90' is probably the highest they were willing to go to limit the pushback from Red Sox ownership regarding views into the ballpark. Also, the numbers probably don't work for any larger of a building. They already have to build structured parking and from how much they are reportedly paying for...

https://www.bizjournals.com/boston/news/2017/11/29/developer-proposes-8-story-hotel-at-fenway-shell.html?lipi=urn%3Ali%3Apage%3Ad_flagship3_feed%3BWU3gh3O5QTyMHY1dKEhCeA%3D%3D An affiliate of OTO Development LLC, a South Carolina-based hotel development company, has proposed an eight-story...

Re: South Station Tower And Ashkenazy Acquisition, the same company that runs Faneuil Hall Marketplace, purchased the 98-year lease to run the station’s concourse and upstairs office space for nearly $125 million earlier this year. There are a lot of players at this poker table

Re: Boston Globe Site Redevelopment | Dorchester Probably due to the massive environmental issue here. Renovating the existing building is significantly less expensive considering most of the contaminants here are underground. The less dirt you move the less expensive it is.

13-15 and 19-21 Congress St are being marketed for sale right now https://therealreporter.com/article/thibeault_tabs_colliers_to_trade_two_hub_assets_54450_sf_package_could_brin

I've heard that OTO Development plans on filing their Article 80 for the shell station this week. 174 room Hilton Garden Inn, apparently the land lease is for $1.5M per year

Re: Ames Webster Mansion You can buy a slightly used 777 for significantly less than $330M. The two 767s that Kraft just bought for the Patriots were rumored to cost $10M. I'm guessing to purchase a slightly used 777 would be no more than $15-20M depending on the amount of retrofitting one...

Re: 61-83 Braintree st | Brighton And it is currently being marketed for sale. $43MM is the asking price

Re: Ames Webster Mansion I just met one of the people handling the construction as an owners rep and he said when this guy flies in to check on construction, he comes in on his private Boeing 777...

Where Brookline Ave meets Rt 9 will soon have the new Children's development as well as a 10 or 11 story Hilton-flagged hotel across the street on the old gas station.

The old Circle Cinema sign is back on top of the building. I saw pictures floating around Twitter last week

Dorchester was ruled to be a construction/architect defect on the exhaust pipe. Waltham was arson and this one is too soon to rule. The arson in Waltham is what sticks out to me because Callahan is the largest non-union GC in the state and they are doing a ton of high profile projects. That, to...