Developer Submits Hotel Plan at former CBT Offices

Developer Submits Hotel Plan at former CBT Offices

Image courtesy of Cambridge Seven

Redevelopment plans by Rhino Capital Advisors would restore the historic facade of a Bulfinch Triangle office building while creating an 82-room hotel with an “urban contemporary aesthetic.”

Boston-based Rhino Capital Advisors is seeking approval of the project for the vacant  58,000-square-foot office-and-retail building at 110 Canal St. Rhino bought the property in late December by assuming nearly $14.6 million in mortgage debt.

According to a small project review submitted to the Boston Planning & Development Agency, Rhino Capital plans restaurant spaces on the ground floor of the building, which previously was occupied by the CBT Architects headquarters and a Boston Beer Works location that closed in 2021.

Restaurants facing Canal and Friend streets will offer seasonal patio dining, the application states.

In a recent interview, Rhino Capital Director of Development Senam Kumahia said the firm chose a hotel redevelopment plan because of the property’s proximity to public transit and the TD Garden.

The Romanesque and Classical Revival style building was originally constructed in 1894 as a stable for American Express Co., then an express mail service, and was added to the National Register of Historic Places in 1986. The historic designation subjects the project to review by the Massachusetts Historical Commission and the National Park Service.

The project also will require a conditional use permit from the Zoning Board of Appeal under Boston’s groundwater conservation overlay district, along with BPDA approval.

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Source Link: https://bankerandtradesman.com/developer-submits-hotel-plan-at-former-cbt-offices/

Developer Submits Hotel Plan at former CBT Offices Image courtesy of Cambridge Seven Redevelopment plans by Rhino…

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