Starwood has unveiled plans for a dual-branded
hotel development in Boston featuring its Aloft and Element
Set to open in 2016, the 330-room Aloft Boston
Waterfront and 180-room Element Boston Waterfront will be situated
on D Street, directly across the street from the Boston Convention
& Exhibition Center.
The hotels will be owned and developed by
a partnership between majority equity partner Ares
Management-controlled funds and CV Properties on a 5.2 acre-parcel
of land leased from the Massachusetts Convention Center Authority
Construction on the $158 million project is
already underway and, upon completion, the hotels will be operated
by Starwood Hotels & Resorts under the Aloft and Element brand
Financing will be provided by RBS Citizens
Financial Group and Santander Bank in the amount of $97 million.
“We look forward to opening this dual-branded
Aloft and Element hotel complex as part of the ongoing
redevelopment of the South Boston Waterfront, the city’s
fast-growing business and innovation district,” said Brian McGuinness, Senior Vice President of Specialty Select Brands for
Starwood. “Element promotes a life in balance with its emphasis on wellness
and sustainability, while Aloft resonates with the next generation
of travelers who appreciate its distinctive urban design,
intuitive technologies and live music scene at the W XYZ Bar.”
Aloft Boston Waterfront will offer more than 10,000 square feet of
state-of-the-art meeting space, a Splash pool, fitness center, and Re:fuel by Aloft – a one-stop grab & go food and beverage area.
Guests will also be able to enjoy free access to local emerging artists as
well as some of the hottest bands with Live at Aloft Hotels
programming at the W XYZ bar.
Element Boston Waterfront
light-filled studios featuring a fluid design, fully equipped
kitchens and spa-inspired bathrooms. Facilities will include a
fitness center, pool, and approximately 1,000 square feet of
flexible meeting space. Guests can stay on the move with Element’s
complimentary bikes to borrow and enjoy the brand’s signature RISE
breakfast and RELAX evening reception.
Aloft Boston Waterfront will be separated from the eight-story
Element Boston Waterfront by a hotel drive that runs perpendicular
to D Street and provides access to the porte-cochere of both
hotels. The Aloft and Element will share a 120-space parking lot
and each hotel will include more than 8,000 square feet of
street-level retail and restaurant space.
“The addition of the Element and Aloft Boston Waterfront
hotels on D Street will provide needed support to the BCEC and the
entire South Boston Waterfront for its many business and leisure
travelers,” said Boston Mayor, Martin J. Walsh. “I look forward to
celebrating the opening of these two new and modern properties,
and congratulate the MCCA, CV Properties and Starwood on a
Aloft and Element Boston Waterfront will be less
than three miles from Logan International Airport and convenient
to the Back Bay, the financial district, and leading downtown
attractions including Quincy Market and Faneuil Hall.
It will be
the second Aloft-Element dual hotel development in the Boston
area, joining Aloft and Element Lexington, which opened in 2008.
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