PROVIDENCE – First Bristol Corp. of Fall River has received final approval for construction of an eight-story, all-suites hotel on the triangular lot in the Capital Center District.
The property, known as “Parcel 12,” is owned by the city of Providence and will be acquired by the development company as part of its $20 million project.
The hotel, to be operated as a Homewood Suites by Hilton hotel, will include 120 guest suites, according to James J. Karam, First Bristol president.
The property is bounded by Memorial Boulevard, Exchange Street and Exchange Terrace. It includes views of the Citizens Bank building, the “Superman” building and other downtown vistas.
The Capital Center Commission on Jan. 13 gave final approval to the project.
The architect is ZDS Architectural Design Services, based in Providence. Construction could potentially begin this summer, according to Karam.
The market for suites-style accommodations is strong, according to Karam, who said he anticipated 35 percent of the demand would be for business-related travel. Other guests could include families, who prefer to travel and book suites with fully applianced kitchens.
No posts to display
Sign in
Welcome! Log into your account
Forgot your password? Get help
Privacy Policy
Password recovery
Recover your password
A password will be e-mailed to you.