Industry News
Conference Centers
Oct 2, 2012
Authority Buys Land for Hotel Development Near Boston Convention Center
The Massachusetts Convention Center Authority on Monday finalized the purchase of 5.6 acres across from the Boston Convention & Exhibition Center. Sold for $33 million, the land is intended for the construction of two mid-priced hotels with 400–500 rooms. The authority still wants to buy another 20 acres of land to build a 1,000-room headquarters hotel, as well as parking garages and other infrastructure, to alleviate a hotel shortage in the South Boston neighborhood. The purchase is a first step toward a proposed $2 billion expansion of the convention facility. bostonherald.com
