From today's
Boston Herald.
Quote
Led by John Hynes, developers of the proposed $600 million-plus remake of the Filene’s block are in talks with two elite hotel chains, JW Marriott and Meridien Hotels, an industry executive familiar with the talks said.
The exclusive St. Regis chain also looked at the project, but is interested in either parkside or waterfront locations, the executive said.
The Filene’s developers plan to meet later this week to discuss which hotel flag to go with for the $150 million, 250-room hotel, the executive said. In a related move, the developers have brought on Denver-based Sage Hospitality to help build out the hotel.
and
Quote
“Fast fashion” chain Zara is reportedly set to sign on as part of the retail component of the Filene’s block project.
Both of those chains mentioned would be good fixes, as there aren't really any high-end business hotels in the Financial District (except those along the downtown Waterfront). Though I love the Parker House, its rooms are too small to appeal to the average high-end business traveler.
St. Regis might be nice, but it doesn't look like it's happening. Maybe Fan Pier or Seaport Square.
Zara is a good fit for the area...trendy and mid-market. Hopefully with them and H&M, DTXing will see an influx of complimentary retail.
It would actually be a great place for a proto-type IKEA....one that has no pick-up, only carry-out and delivery. With all the college kids and direct connection via the subway, I think it would do great...won't happen, but it's a nice idea.