Published on : Thursday, May 3, 2018
Intercontinental Real Estate Corporation and Harbinger Development are developing a $176 million Hampton Inn by Hilton and Homewood Suites by Hilton Boston Seaport in a 14-story, 400-room hotel building at 660 Seaport Blvd., which Suffolk Construction is building.
Peter Palandjan who is the Intercontinental CEO, Harbinger Partner Eamon O’Marah, Boston Mayor Martin J. Walsh and Linda Dorcena Forry, Suffolk’s newly appointed vice president of diversity, inclusion and community relations among other elected officials who had spoken at the groundbreaking.
Palandjian said that Boston has been their home city and also a market in which they possess over 50 years of experience.
He then went on to add that Seaport District is more captivating than ever during the economic boom in Massachusetts. He also said that this is a high-quality investment that would permit them to offer good union jobs thereby taking the economy forward.
Intercontinental has already developed the Kimpton Nine Zero hotel in Boston and Presidents Place in Quincy, both of which Suffolk had built and is also coming up with a Hilton/ Homewood dual-branded hotel in Chicago and Minneapolis.
Harbinger Development is also planning to break ground on a 213-room hotel in Boston’s Haymarket area this summer.