BOSTON
YOTEL is announcing plans to operate a new 326-cabin hotel in Boston's emerging Innovation District, in close proximity to Boston Harbor and the city's cultural, financial, and commercial center.
Following the announcement of YOTEL locations in Miami, Brooklyn, N.Y.’s Williamsburg neighborhood and San Francisco, and on the strength of YOTEL's flagship city center location in New York at 42nd and 10th, YOTEL Boston will mark YOTEL's fifth U.S. destination in its global expansion.
Set to open in 2017, YOTEL Boston will feature “Premium cabins” furnished with YOTEL's signature adjustable "SmartBed" that comes with luxury bedding, monsoon rain showers and a techno-wall with smart TVs.
The property will also feature extensive public spaces, including multiple food and beverage venues. Split between the hotel's ground floor and an expansive indoor-outdoor roof deck, these spaces will provide flexible environments which encourage co-working, casual meetings and social gatherings, and cultural programming with local flavor (No details have been released yet regarding specific event space offerings).
YOTEL Boston's 11-story building will be owned by affiliates of Wheelock Street Capital and is being developed by Boston Global Investors (BGI), master developer of the Seaport Square development. The development is positioned at the gateway to the Innovation District, across the street from the One Seaport Square project.
YOTEL Boston will have direct access to the MBTA Silver Line, Boston's newest addition to its robust public transportation system; will be accessible to all major interstate roadways; and will be a few short blocks from the Boston Convention Exhibition Center (BCEC).
"Wheelock Street Capital and BGI share the same compelling vision we see for this part of Boston," says Jason Brown, YOTEL's Chief Development Officer, based in Boston and a native to the city. " We are honoured to be partners in developing an unequalled, unique and exciting hospitality project fit for Seaport Square.'
"We are excited to be partnering with YOTEL and BGI on this opportunity," says Jeffrey Laliberte, a Managing Director at Wheelock Street Capital. "We believe the project, which combines an irreplaceable location in Boston's fastest growing neighborhood with a forward thinking hospitality concept designed for both business and leisure travelers, will complement and expand on the burgeoning success of Boston's Innovation District."
