Headquarters Hotel Approved for South Boston Waterfront

The boards of directors of the Massachusetts Convention Center Authority (MCCA) and the Massachusetts Port Authority (Massport) have approved a letter of intent allowing the two entities to collaborate on a planned headquarters hotel on the South Boston Waterfront, MCCA announced last week.

“This rare agreement between two state authorities marks a final push in the MCCA’s efforts to increase our market share in the meetings and convention industry while solidifying Massachusetts as one of the world’s top destinations,” MCCA Executive Director James E. Rooney said in a statement. “This will not only allow us and Massport to begin developing a new headquarters hotel that will benefit both agencies’ core missions, but it marks a major milestone for development in the South Boston Waterfront, and a major boost to the long-term jobs and economic benefits this project and our continued success will bring.”

MCCA and Massport will first prepare a request for qualifications to pre-qualify parties interested in building and financing the hotel, which will be located across the street from the Boston Convention & Exhibition Center (BCEC).

Although a construction timeline has not been announced, the completed hotel is expected to have 1,200 to 1,500 guest rooms and to generate more than $25 million annually in city and state tax revenue.

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