#hotel-development

#hotel-development

City Realty submitted the application for the 96-room hotel on an approximately 8,000-square-foot site to the Boston Planning and Development Agency on Aug. 11. According to the application, the developers hope to cater to diverse visitors, specifically families visiting students at nearby universities, business travelers, and tourists. The building will include four covered temporary parking spaces and a valet service at the rear.

After six years of stalled development, the Raleigh hotel project in Miami Beach could change hands for around $275 million, as Nahla Capital has reportedly won the bidding process.