Development

New Hotel on Arsenal Street Passes Muster With Planning Board

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The proposed 148-room Residence Inn by Marriott hotel proposed on Arsenal Street took a major step forward Wednesday night when the Planning Board gave its support to the project. The hotel would go on the former Charles River Saab site and would be owned by Boylston Properties, which also owns the Arsenal Project. The hotel would have a modern look, with a mix of materials, including metal, a product that looks like wood and light colored tiles, said Fred Kramer, an architect with ADD Inc.

The hotel will not be a full service hotel, said Bill McQuillan, principle of Boylston Properties, meaning it will not have room service, bell hops, a place to buy coffee, a bar and a small meeting room. It will also have a pool and a patio on the top floor, both of which are only for guests. Planning Board members and the public said they would like to see the hotel more welcoming to the public.

Business

Owner of Arsenal Project Buys Another Property in Area

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Boylston Properties, one of the owners of the Arsenal Project, has purchased property down the street from the mall. The group has agreed to purchase a 10-acre parcel at 480 Arsenal St., according to a report on Banker & Tradesman. It is currently used by biotech company 480 Biomedical, but it could be rezoned for residential use, Boylston Properties President William McQuillan told Banker & Tradesman. Along with the mall, the group has purchased the former Charles River Saab dealership and has plans to build a six-story Residence Inn by Marriott hotel in that location. (See details here).

Business

Details Announced About New Hotel in Watertown

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The new hotel proposed for Arsenal Street in Watertown will be run by Marriott and will be six stories tall and have nearly 150 rooms, developers announced Thursday night. The hotel would be an extended stay hotel, and cater to businesses in and around Watertown, said Bill McQuillan, principle of Boylston Properties, the developer of the hotel and new owner of the Arsenal Mall – now known as the Arsenal Project. The hotel would be replace the former Saab dealership. “We expect to draw from three to five miles away – businesses, international visitors to Perkins (School), universities and colleges in the area,” McQuillan said. “Harvard, for sure, and BU, BC and Bentley will all have customers here.”