Boston Planning Agency Greenlights Hawkins Way Capital's Sheraton Boston Conversion
BOSTON, Jan. 23, 2024 /PRNewswire/ -- The Boston Planning and Development Agency (BDPA) has approved Hawkins Way Capital's conversion of the Sheraton Boston Hotel's South tower into student housing.
- BOSTON, Jan. 23, 2024 /PRNewswire/ -- The Boston Planning and Development Agency (BDPA) has approved Hawkins Way Capital's conversion of the Sheraton Boston Hotel's South tower into student housing.
- Acquired by Hawkins Way Capital in 2022, the 1.1 million square foot Sheraton Boston Hotel's South tower was occupied by Northeastern University under temporary order during the COVID-19 pandemic, while the North tower continued to operate as a Sheraton hotel.
- Ross Walker, Co-Founder and Managing Partner at Hawkins Way Capital, stated, "Our Sheraton Boston Hotel revitalization showcases the natural transformation of a select type of declining urban hotel to stay competitive.
- In addition, Hawkins Way Capital will commence a substantial capital improvement program planned for the 792-key Sheraton Boston Hotel North tower in order to upgrade the rooms and common areas to the new generation of Sheraton brand standards.