MCCA and Massport boards approve joint agreement to begin hotel development on key South Boston Waterfront site
The boards of directors of the Massachusetts Convention Center Authority and the Massachusetts Port Authority today approved a letter of intent to have the two authorities work cooperatively to develop Massport land on the South Boston Waterfront for a headquarters hotel complex.
Under the letter of intent, the authorities will first prepare a Request for Qualifications to solicit interest from and pre-qualify hotel development teams that would construct and finance a headquarters hotel complex on the land, known as the Core Block site near the corner of D and Summer streets across the street from the Boston Convention & Exhibition Center in South Boston.
The hotel development could consist of 1,200 to 1,500 rooms, and create around 2,000 construction jobs and nearly 1,000 permanent jobs. It is expected to be one of the largest hotel projects in the nation.