Banker & Tradesman | By David L. Harris
April 21, 2017
A $400 million Watertown mixed-use development at the former Arsenal Mall will have plenty of retail, restaurants and apartments. And now you can add a new hotel to the mix.
Boylston Properties, the Boston-based real estate developer behind the project, announced this week that a Hampton Inn and Suites by Hilton will be included in the redevelopment known as Arsenal Yards.
The new Hampton Inn, a brand of Hilton Hotels & Resorts (NYSE: HLT), will have approximately 145 rooms, with retail space on the first floor. It is planned for the northwest corner of the property, along Arsenal Street and adjacent to a parking garage that will serve the hotel, new residents, and Arsenal Yards shoppers and visitors.
The new hotel and garage will be in the first phase of the redevelopment project, along with half of the planned retail and restaurants, with the hotel opening in the spring of 2019, the developers said in a press release.