Please do not leave this page until complete. This can take a few moments.
Demolition has begun at the site of the approximately 120-room extended stay hotel being constructed by First Bristol Corporation in Washington Square.
The Homeward Suites Hotel by Hilton will be located on the rotary near historic Union Station and an entrance to Route 290. Demolition of two parcels that housed the former locations of KJ Barron’s, Gabriel Racing and the Gun Parlor commenced this week and will continue for another week to 10 days, according to company representatives. Weather permitting, construction on the foundation of the building could begin as early as March 1.
“We are confident that an All Suites Extended Stay Hilton Product will generate demand in the city for business travelers, tourists, and parents visiting their college students. We believe we can contribute to Worcester’s success story by helping to meet this demand,” Jim Karam, president and CEO of First Bristol Corp., said in a statement.
The completed hotel will stretch up six stories and contain approximately 120 long-term stay rooms. Parking will consist of 115 spaces. The hotel is expected to employ 35 full and part-time workers and will generate more than $350,000 in property taxes and local hotel tax revenues, according to company representatives.
The project is being financed by East Boston Savings Bank.
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments