News: Owners Developers & Managers

HN Gorin, Inc. files Stanhope Hotel project plan with city of Boston

Boston, MA HN Gorin, Inc., has formed a joint venture with Masterworks Development Co., LLC, to develop a 300-key hotel on Stanhope St. in the Back Bay neighborhood of the city. The venture filed a Letter of Intent (LOI) with the Boston Planning & Development Agency to begin the formal approvals process.

 “We look forward to working with the city and the community to create a boutique hotel in one of the city’s most beautiful neighborhoods,” said Roz Gorin of HN Gorin. 

“The Stanhope site is an ideal location for a boutique hotel given its urban setting and proximity to the Back Bay train station as well as shopping and restaurants, amenities which any traveler looks for in a downtown hotel.”

Roz Gorin is the third generation to lead the family’s 110-year-old company which is active in the acquisition, development, redevelopment, ownership, management, and financing of millions of square feet of office, industrial and multi-family residential properties in Boston and throughout the country, and has been involved in notable projects such as 101 Merrimac Street, 101 Federal Street, 75 Federal Street and 55 Summer Street. Founded in 1992, Masterworks is a private real estate company that has a successful track record of owning, developing, and operating hotels across the United States. 

The development plan has been guided by and is in compliance with the multi-year planning process for this area, the Stuart Street Study (2008-2011), that more recently resulted in the adoption of development Guidelines (October 2015) and new zoning (March 2016), Article 48 and Map 1S of the Boston Zoning Code. The Study examined potential development opportunities and evaluated the suitability of various height, density and use scenarios, including impact on neighboring historic buildings, residential areas and open spaces, to develop a comprehensive vision for the future.

Designed by Group One Partners, who has experience designing numerous hotels in Boston including the Envoy Hotel in the Seaport, the team is proposing a building that is consistent with the zoning on the site.

 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Brownfield redevelopment: Sometimes it’s not just about economic development - by George Naslas

Brownfield redevelopment: Sometimes it’s not just about economic development - by George Naslas

The redevelopment of brownfield sites is often associated with the revitalization of a property to bring it back into productive use, generate local tax revenue, and increase local employment. Redevelopment can also be part of a green or open space development, such as a riverwalk, park, or rail trail.
You can’t manage  what you don’t measure - by Jay O'Connor

You can’t manage what you don’t measure - by Jay O'Connor

Reasons to submeter electrical and HVAC Loads At standalone and multi-unit properties. As a property owner or manager, we all should understand the importance of managing costs, promoting conservation efforts, and maintaining compliance with regulations. Submetering is a powerful tool that can help you achieve these goals and more.

Capitalizing on next-gen electric vehicle  charging in New York/New England real estate - by Hooman Shahidi

Capitalizing on next-gen electric vehicle charging in New York/New England real estate - by Hooman Shahidi

For property owners and developers, tenant experience is everything. This means top-notch building amenities and technology integrations that match their lifestyle. As the electric vehicle (EV) industry grows, EV charging is at the top of their list of amenities.
The value of comfort: The workplace will never be as convenient as home, but it can be as comfortable - by Steve Hibbard

The value of comfort: The workplace will never be as convenient as home, but it can be as comfortable - by Steve Hibbard

In real estate construction and development, there are numerous balances struck between comfort and affordability. We all want the class A office space with artisanal trimmed offices, brilliant lighting, silent air systems, and the hilltop belvedere view from the executive suite. Everyone wants that coveted corner office.