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Intercontinental Real Estate Corp joins Lincoln Property Co affiliate on U District office tower project
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Developer tweaks plans for Methodist site in Worthington
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State College s Bar Bleu Closes
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The result means city officials can proceed with plans to issue $55 million in bonds for the construction of a 95,300-square-foot community center at Kingsdale.
The project can be included as Continental Real Estate Cos. moves forward with plans to construct three buildings at the former Macy s site. As proposed, the project also will house 458 apartments, 104 senior-housing units, 6,000 square feet for restaurants and a 2-story parking garage.
City officials have said no income taxes or property taxes would be raised to fund construction of the community center.
City Manager Steve Schoeny has said the $55 million bond would provide funding for any contingency expenses above the estimated construction costs.
“This is truly one of a kind within the Hilton global network,” said Charlie York, general manager of Hampton Inn by Hilton and Homewood Suites by Hilton Boston Seaport, during the ribbon cutting ceremony.
Guests of the dual-branded property have “one seamless guest experience at arrival,” he said, and then choose between the Hampton Inn or Homewood Suites. The rooms and suites offer water and city views and the suites feature fully-equipped kitchens and seating areas, for “a true home-away-from-home feeling,” according to the company. Advertisement
The hotel turned to local artist Chris Williams, of Essex, for an 18-foot anchor statue made of solid cast glass called “Arrival,” which, it noted, “sets us apart and serves as a beacon that welcomes in our travelers from both land and sea.”